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    1 Bedroom Condo for sale at The Cloud
    Nong Prue, Pattaya, Chon Buri
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    Sale Price
    £125,000
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    1 Bedroom Condo for sale at The Cloud

    (1 Review)
    Nong Prue, Pattaya, Chon Buri
    Unit ID: U1647956
    5% Rental Yield
    1 Bedroom
    1 Bathroom
    51.89 SqM Size
    11 Floor
    Dec 2016 Completed
    (1 Review)
    Sale Price
    £125,000
    5

    About This Condo

    This property is a 51.89 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Nong Prue, Pattaya and was completed in Dec 2016. You can buy this condo for a base price of £125,000 (£2,420/SqM).

    Features

    Wet BarWet Bar Corner UnitCorner Unit BalconyBalcony

    Basic Information

    Date Listed Aug 4, 2023
    Updated 1 year ago
    Property Type Condo
    Floor 11
    Bedroom 1
    Size 51.89 SqM
    Price per SqM £2,420
    Pets Not Allowed
    Condo Ownership

    Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

    Foreign Quota, Thai Quota, Company
    Furniture
    Built-ins are any items that do not leave the property but remain a part of the permanent structure of a home. This includes any type of permanent appliances, cabinetry, furniture that’s built into the home, such as shelving or benches, and other attached items.
    Built In
    View(s) Pool View, Garden View
    Unit Type 1BR
    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.
    £47/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1647956

    Investment Opportunity: Charges & Yield

    Sale Price
    £125,000
    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.
    £47/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.
    22
    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 1 bedroom condos at The Cloud, and the current sales price.
    5%

    Project Details

    Project Name: The Cloud
    Developer: Global Top Group
    Construction: Completed (Dec 2016)
    Floors: 20
    Buildings: 1
    Units: 161
    Project Area: 1,600 SqM
    Nearest Landmark Dong Tarn Beach - 3 Km
    Location: Nong Prue, Pattaya
    The Cloud Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    Communal Pool Communal Pool
    Jacuzzi Jacuzzi
    Communal Gym Communal Gym
    Bar Bar
    24H Security 24H Security
    CCTV (Video Surveillance) CCTV (Video Surveillance)
    Car Parking Car Parking
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Back Up Generators Back Up Generators
    Key card access Key card access

    Popular Facilities at The Cloud

    • All
    • Fitness
    • Leisure
    • Convenience
    4
    • Reception / Lobby Area
      1st Floor
    • Communal Pool
      10th Floor
    • Communal Gym
      10th Floor
    • Communal Garden Area
      Rooftop

    Available Units at The Cloud

    For Sale 11 For Rent 1
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Get notified when new homes are being added to The Cloud
    View All (11)

    Loan Calculator

    Payment Plan

    Installment Milestone Payment
    Reservation Deposit
    Upon contract signing
    20%
    1st Installment
    Quarterly Payments
    60%
    2nd Installment
    On handover
    20%

    Frequently Asked Questions

    No pets are allowed at The Cloud 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 £1 per square meter based on the size of indoor area of the property and is £47 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 Cloud the required payment for the sinking fund is £14 per square meter based on the size of the indoor area of the property.
    Dong Tarn Beach is the nearest Beach from The Cloud and it is 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 Cloud 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
    Upon contract signing
    20%
    1st Installment
    Quarterly Payments
    60%
    2nd Installment
    On handover
    20%

    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

    Reviews

    5 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    The best place to stay in Pattaya
    Mohan Adhau, India, 3 years ago
    I stayed here while I was in Pattaya for 6 months. I was impressed with everything, including the location, the room, and the nearby amenities, such as restaurants, convenience stores, hotels, and beautiful beaches within easy walking distance. The project is on Pratumnak Hill, where you can enjoy the views of the ocean and Pattaya city from the corner of your own room. It's so amazing! The project's facilities are also in good condition and available for every resident. I also love the large green space here. It offers a pleasant atmosphere. The place is quiet. I think it is because of the coronavirus pandemic, it is less crowded, and the rental price is reasonable!
    Pattaya
    Nong Prue

    Neighborhood Overview

    Location and Neighborhood

    Street View

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    Monthly Rentals
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    Year Built
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    Completion Status
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    Projects Nearby The Cloud
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