The Palm Wongamat

4 (1 Review)

Na Kluea, Pattaya, Chon Buri

Unit ID: U1022190
5% Rental Yield
฿3,600,000
Bedroom
Studio Bedroom
Bathroom
1 Bathroom
Indoor Area
33 SqM Size
Floors
24 Floor
Construction
Nov 2015 Completed

Studio Condo for sale at The Palm Wongamat

This property is a 33 SqM studio condo with 1 bathroom that is available for sale. It is part of the The Palm Wongamat project in Na Kluea, Pattaya and was completed in Nov 2015. You can buy this condo for a base price of ฿3,600,000 (฿109,091/SqM).

Features

BalconyBalcony Washing MachineWashing Machine MicrowaveMicrowave TVTV

Basic Information

Property Type Condo
Floor 24
Bedroom Studio
Size 33 SqM
Price per SqM ฿109,091
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Foreign Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,650/mo
Listed By
Each listing provided by partnered agents is individually verified by BangkokPost. Partner Agents work for different brokerages or property management companies but have teamed up with BangkokPost so that we can provide you a wider choice of properties
Agent / Partner
Date Listed Aug 17, 2021
Last Updated 2 months ago
Unit ID U1022190

Investment Opportunity: Charges & Yield

Sale Price
฿3,600,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿1,650/mo
Est. Rent
฿16,300/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
18
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other studio condos at The Palm Wongamat, and the current sales price.
5%

Project Details

Project Name: The Palm Wongamat
Developer: Nova Group
Construction: Completed (Nov 2015)
Floors: 46
Buildings: 2
Units: 544
Project Area: 9,003 SqM
Nearest Landmark Wong Amat Beach - 0.3 Km
Location: Na Kluea, Pattaya, Chon Buri
The Palm Wongamat Project Details

Project Features

Communal Pool Communal Pool
Jacuzzi Jacuzzi
Communal Gym Communal Gym
Clubhouse Clubhouse
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Direct Beach Access Direct Beach Access
Reception / Lobby Area Reception / Lobby Area
Pool / Snooker Table Pool / Snooker Table
Communal Garden Area Communal Garden Area
Back Up Generators Back Up Generators
Key card access Key card access

Popular Facilities at The Palm Wongamat

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    Ground Floor
  • Communal Gym
    Ground Floor
  • Clubhouse
    Ground Floor
  • Communal Garden Area
    2nd Floor

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Baths 1 Baths
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Baths 1 Baths
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Thai Quota Fully Furnished Sea View
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Baths 1 Baths
Size 53 SqM Size
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Baths 1 Baths
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Foreign Quota Fully Furnished Sea View
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Size 33 SqM Size
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Thai Quota Fully Furnished Sea View
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Get notified when new homes are being added to The Palm Wongamat

Loan Calculator

Payment Plan

Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Frequently asked questions

No pets are allowed at The Palm Wongamat unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,650 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Palm Wongamat the required payment for the sinking fund is ฿400 per square meter based on the size of the indoor area of the property.
Wong Amat Beach is the nearest Beach from The Palm Wongamat and it is 0.3 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at The Palm Wongamat you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
10%
2nd Installment
On handover
90%

Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Luxury condo has a private beach close to the condo only 250 meters.
4 Annis Mauldin, United States, 2 years ago
I choose this condo because Pattaya is known as a Beach town, and we love to visit here every year. The Palm Wongamat is a luxury condo near the beach. We can see the Pattaya Beach view; even my room is only a studio type. There are many reasons why I decided to choose here, whether it will be it’s worth for investment, nice nearby tourist attractions, and a full range of condo’s facilities. There is a communal pool, a gym, and some services with additional charges such as spa, massage, shuttle bus service, etc. The highlight of the condo is the location situated near the condo. I can swim and commune with the sunset view anytime I want.

Pattaya

Na Kluea

Neighborhood Overview

Location and Neighborhood

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