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    1 Bedroom Condo for sale at The Cove Pattaya
    Na Kluea, Pattaya, Chon Buri
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    Sale Price
    £555,000
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    1 Bedroom Condo for sale at The Cove Pattaya

    (1 Review)
    Na Kluea, Pattaya, Chon Buri
    Unit ID: U1896676
    4% Rental Yield
    1 Bedroom
    1.5 Bathrooms
    138 SqM Size
    8 Floor
    Dec 2011 Completed
    (1 Review)
    Sale Price
    £555,000
    24

    About This Condo

    This property is a 138 SqM condo with 1 bedroom and 1.5 bathroom that is available for sale. It is part of the project in Na Kluea, Pattaya and was completed in Dec 2011. You can buy this condo for a base price of £555,000 (£4,020/SqM).

    Features

    BeachfrontBeachfront Beach AccessBeach Access Private GymPrivate Gym Private SaunaPrivate Sauna Private PoolPrivate Pool Private GardenPrivate Garden Covered ParkingCovered Parking BalconyBalcony Outdoor ShowersOutdoor Showers Full Western KitchenFull Western Kitchen Fully RenovatedFully Renovated Renovated KitchenRenovated Kitchen Renovated BathroomRenovated Bathroom

    Basic Information

    Date Listed Jul 16, 2024
    Updated 5 months ago
    Property Type Condo
    Floor 8
    Bedroom 1
    Size 138 SqM
    Price per SqM £4,020
    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
    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) Sea View, Partial Sea View, City View, Garden View, Unblocked Open View
    Unit Type N/A
    Building The Cove Pattaya
    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.
    £192/mo
    Listed By
    Developer
    Electricity Price Government Rate
    Water Price Government Rate
    Unit ID U1896676

    Investment Opportunity: Charges & Yield

    Sale Price
    £555,000
    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.
    £192/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 Cove Pattaya, and the current sales price.
    4%

    Project Details

    Project Name: The Cove Pattaya
    Developer: Petch Property Development Co.,Ltd
    Construction: Completed (Dec 2011)
    Floors: 18
    Buildings: 1
    Units: 100
    Project Area: 11,200 SqM
    Nearest Landmark Wong Amat Beach - 0.1 Km
    Location: Na Kluea, Pattaya
    The Cove Pattaya Project Details

    Project Features

    On Site Restaurant On Site Restaurant
    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
    Steam Room Steam Room
    Direct Beach Access Direct Beach Access
    Sauna Sauna
    Reception / Lobby Area Reception / Lobby Area
    Communal Garden Area Communal Garden Area
    Key card access Key card access

    Popular Facilities at The Cove Pattaya

    • All
    • Fitness
    • Leisure
    3
    • Communal Pool
      1st Floor
    • Communal Garden Area
      1st Floor
    • Communal Gym
      1st Floor
    • Indoor Kids Zone
      1st Floor

    Available Units at The Cove Pattaya

    For Sale 9 For Rent 2
    • All
    • 1 Bed
    • 2 Beds
    • 3 Beds
    Get notified when new homes are being added to The Cove Pattaya
    View All (9)

    Loan Calculator

    Payment Plan

    1BR
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,310
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%
    2BR
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £6,940
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%
    3BR
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £11,600
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%
    Penthouse
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £23,100
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%

    Frequently Asked Questions

    No pets are allowed at The Cove Pattaya 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 £192 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 Cove Pattaya the required payment for the sinking fund is £19 per square meter based on the size of the indoor area of the property.
    Wong Amat Beach is the nearest Beach from The Cove Pattaya and it is 0.1 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 Cove Pattaya you have to follow these steps:

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

     


    1BR
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £2,310
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%
    2BR
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £6,940
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%
    3BR
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £11,600
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%
    Penthouse
    Installment Milestone Payment
    Reservation Deposit
    Immediately
    £23,100
    1st Installment
    Upon contract signing
    20%
    2nd Installment
    60 days after contract signing
    80%

    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

    4.3 out of 5
    Based on
    1 Review
    Maintenance
    Staff / Security
    Facilities on Site
    Quality of Finishing
    Value for Money
    Location
    + Write a review
    6-star condominium located in Pattaya beach.
    Pasty Garnes, Malaysia, 6 years ago
    This is a 6-star condominium located in front of Pattaya beach. It is very beautiful and wonderful because there are complete facilities. There is a spacious lobby and a large swimming pool. Going to the beach is also very convenient. There is a garden area to sit in, and it is extremely shady. I like staying in a luxury hotel every day. The balcony in the room is large. The wind blows so well that you don't even have to turn on the air conditioner. I love to stay here because the location is good and not far from shopping centers. There are convenience stores along the route. The area is quite busy but offers excellent security. The condo here is only 5 kilometers from Pattaya Walking Street.
    Pattaya
    Na Kluea

    Neighborhood Overview

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