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    1 Bedroom Condo for sale at The Palm Wongamat
    Na Kluea, Pattaya, Chon Buri
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    Sale Price
    £194,000
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    1 Bedroom Condo for sale at The Palm Wongamat

    (1 Review)
    Na Kluea, Pattaya, Chon Buri
    Unit ID: U1963197
    6% Rental Yield
    1 Bedroom
    1 Bathroom
    53 SqM Size
    7 Floor
    Nov 2015 Completed
    (1 Review)
    Sale Price
    £194,000
    11

    About This Condo

    This property is a 53 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Na Kluea, Pattaya and was completed in Nov 2015. You can buy this condo for a base price of £194,000 (£3,660/SqM) and it is also available for long term rentals starting from £913 per month.

    Features

    BeachfrontBeachfront Washing MachineWashing Machine MicrowaveMicrowave TVTV TruevisionTruevision

    Basic Information

    Date Listed Nov 5, 2024
    Updated 2 weeks ago
    Property Type Condo
    Floor 7
    Bedroom 1
    Size 53 SqM
    Price per SqM £3,660
    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%.

    Thai 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
    Unit Type N/A
    Building Building 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.
    £61/mo
    Listed By
    Private Owner
    Electricity Price N/A
    Water Price N/A
    Unit ID U1963197

    Investment Opportunity: Charges & Yield

    Sale Price
    £194,000
    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.
    £61/mo
    Rent
    £913/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. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
    6%

    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 - 0.2 Km
    Location: Na Kluea, Pattaya
    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

    • All
    • Fitness
    • Leisure
    • Convenience
    3
    • Reception / Lobby Area
      Ground Floor
    • Communal Pool
      Ground Floor
    • Communal Gym
      Ground Floor
    • Clubhouse
      Ground Floor
    • Communal Garden Area
      2nd Floor

    Available Units at The Palm Wongamat

    For Sale 20 For Rent 29
    • All
    • Studio
    • 1 Bed
    • 2 Beds
    Available Units at The Palm Wongamat
    £196,000
    £4,180/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 47 SqM Size
    Floor 31 Floor
    Thai Quota Fully Furnished Sea View
    Updated 2 weeks ago
    Available Units at The Palm Wongamat
    £194,000
    £3,660/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 53 SqM Size
    Floor 7 Floor
    Thai Quota Fully Furnished Sea View
    Updated 1 week ago
    Available Units at The Palm Wongamat
    £91,300£98,800
    £2,770/SqM
    Great Price
    Beds Studio Beds
    Baths 1 Baths
    Size 33 SqM Size
    Floor 9 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 4 days ago
    Available Units at The Palm Wongamat
    £479,000
    £5,770/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 83 SqM Size
    Floor 44 Floor
    Thai Quota Fully Furnished Sea View
    Updated 1 week ago
    Available Units at The Palm Wongamat
    £237,000
    £5,160/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 46 SqM Size
    Floor 10 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £194,000
    £4,310/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 45 SqM Size
    Floor 8 Floor
    Thai Quota Fully Furnished Sea View
    Updated 2 months ago
    Available Units at The Palm Wongamat
    £409,000
    £5,670/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 72 SqM Size
    Floor 40 Floor
    Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £342,000
    £4,780/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 71.58 SqM Size
    Floor 9 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £434,000
    £4,470/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 97 SqM Size
    Floor 7 Floor
    Foreign Quota Fully Furnished Sea View
    Updated 2 months ago
    Available Units at The Palm Wongamat
    £1,480,000
    £4,480/SqM
    Beds 3 Beds
    Baths 4 Baths
    Size 331.25 SqM Size
    Floor 26 Floor
    Thai Quota Fully Furnished Sea View
    Updated 1 month ago
    Available Units at The Palm Wongamat
    £288,000
    £3,990/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 72 SqM Size
    Floor 18 Floor
    Thai Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £386,000
    £4,700/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 82 SqM Size
    Floor 10 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £363,000
    £4,370/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 83 SqM Size
    Floor 17 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £796,000
    £5,530/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 144 SqM Size
    Floor 3 Floor
    Thai Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £361,000
    £4,400/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 82 SqM Size
    Floor 10 Floor
    Thai Quota Partly Furnished Sea View
    Available Units at The Palm Wongamat
    £937,000
    £6,510/SqM
    Beds 3 Beds
    Baths 3 Baths
    Size 144 SqM Size
    Floor 22 Floor
    Thai Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £93,600
    £2,840/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 33 SqM Size
    Floor 9 Floor
    Thai Quota Fully Furnished Garden View
    Available Units at The Palm Wongamat
    £203,000
    £4,420/SqM
    Beds 1 Beds
    Baths 1 Baths
    Size 46 SqM Size
    Floor 31 Floor
    Thai Quota Sea View
    Available Units at The Palm Wongamat
    £91,300
    £2,770/SqM
    Beds Studio Beds
    Baths 1 Baths
    Size 33 SqM Size
    Floor 15 Floor
    Foreign Quota Fully Furnished Sea View
    Available Units at The Palm Wongamat
    £317,000
    £4,960/SqM
    Beds 2 Beds
    Baths 2 Baths
    Size 64 SqM Size
    Floor 37 Floor
    Fully Furnished Sea View
    Get notified when new homes are being added to The Palm Wongamat
    View All (20)

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    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 £1 per square meter based on the size of indoor area of the property and is £61 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 £9 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 0.2 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
    £2,280
    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

    Reviews

    4 out of 5
    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.
    Annis Mauldin, United States, 5 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

    Street View

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