2 Bedroom Apartment for sale at The Palm Wongamat

(1 Review)
Na Kluea, Pattaya, Chon Buri
Unit ID: U120922
6% Rental Yield
2 Bedrooms
2 Bathrooms
72 SqM Size
40 Floor
Nov 2015 Completed

About This Apartment

This property is a 72 SqM apartment with 2 bedrooms and 2 bathrooms 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 apartment for a base price of £410,000 (£5,700/SqM) and it is also available for long term rentals starting from £2,020 per month.

Welcome home to The Palm Wongamat. Where luxury meets affordability.This condo is ready-made for a new life of adventure and exploration. Located in the vibrant Na Kluea area of Chon Buri, this remarkable property is just what you need for your new life of adventure.The 72 SqM condo offers 2 bedrooms and 2 bathrooms, so both you and your guests can enjoy the utmost in comfort and privacy. Plus, all of this is within a safe and secure location, with peace of mind that you are well-taken care of.The property was completed in November 2015, a perfect time to put down roots and start a life in this energetic city. You can buy this condo for a base price of ฿18,000,000 (฿250,000/SqM) and also available for long term rentals starting from ฿80,000 per month.The Palm Wongamat is the ideal destination to begin your new life in the sun. Take a trip to the local attractions and indulge in the unique cultures around you, or just relax and enjoy your new home.Come and check out this amazing condo for yourself - get in touch for an appointment and you'll be the first to know when it's ready for you! Don't hesitate - this one won't last for long!

Features

Washing MachineWashing Machine MicrowaveMicrowave OvenOven TVTV

Basic Information

Date Listed Apr 18, 2023
Updated 3 months ago
Property Type Apartment
Floor 40
Bedrooms 2
Size 72 SqM
Price per SqM £5,700
Pets Not Allowed
Apartment 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%.

N/A
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, Unblocked Open 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.
£83/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U120922

Investment Opportunity: Charges & Yield

Sale Price
£410,000
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.
£83/mo
Rent
£2,020/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.
17
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

  • 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 30
Available Units at The Palm Wongamat
£197,000
£4,190/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
£91,700£99,300
£2,780/SqM
Great Price
Beds Studio Beds
Baths 1 Baths
Size 33 SqM Size
Floor 9 Floor
Foreign Quota Fully Furnished Sea View
Updated 4 weeks ago
Available Units at The Palm Wongamat
£195,000
£3,680/SqM
Beds 1 Beds
Baths 1 Baths
Size 53 SqM Size
Floor 7 Floor
Thai Quota Fully Furnished Sea View
Updated 2 weeks ago
Available Units at The Palm Wongamat
£481,000
£5,800/SqM
Beds 2 Beds
Baths 2 Baths
Size 83 SqM Size
Floor 44 Floor
Thai Quota Fully Furnished Sea View
Updated 2 weeks ago
Available Units at The Palm Wongamat
£238,000
£5,180/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
£195,000
£4,330/SqM
Beds 1 Beds
Baths 1 Baths
Size 45 SqM Size
Floor 8 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
£344,000
£4,800/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
£436,000
£4,490/SqM
Beds 2 Beds
Baths 2 Baths
Size 97 SqM Size
Floor 7 Floor
Foreign Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
£410,000
£5,700/SqM
Beds 2 Beds
Baths 2 Baths
Size 72 SqM Size
Floor 40 Floor
Fully Furnished Sea View
Updated 2 months ago
Available Units at The Palm Wongamat
£289,000
£4,010/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
£387,000
£4,720/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
£800,000
£5,560/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
£1,490,000
£4,500/SqM
Beds 3 Beds
Baths 4 Baths
Size 331.25 SqM Size
Floor 26 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
£364,000
£4,390/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
£362,000
£4,420/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
£941,000
£6,540/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
£94,000
£2,850/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
£204,000
£4,440/SqM
Beds 1 Beds
Baths 1 Baths
Size 46 SqM Size
Floor 31 Floor
Thai Quota Sea View
Available Units at The Palm Wongamat
£91,700
£2,780/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
£319,000
£4,980/SqM
Beds 2 Beds
Baths 2 Baths
Size 64 SqM Size
Floor 37 Floor
Fully Furnished Sea View
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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 £83 for this apartment. 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
£2,290
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

Projects Nearby The Palm Wongamat

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Year Built
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Project Name
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Na Kluea, Pattaya, Chon Buri
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Na Kluea, Pattaya, Chon Buri
Number of units
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£50.5K - £273K
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Year Built
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Project Name
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Number of units
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Year Built
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Na Kluea, Pattaya, Chon Buri
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Monthly Rentals
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Year Built
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Na Kluea, Pattaya, Chon Buri
Number of units
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Na Kluea, Pattaya, Chon Buri
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