Unit ID: U71197
3% Rental Yield
Tenant-Occupied until Mar 28, 2025
Na Kluea, Pattaya, Chon Buri
$117,000 $126,000 Great Price
Studio Bedroom
1
Bathroom
355 Sqft
Size
9
Floor
Nov 2015
Completed

About This Condo

This property is a 355 Sqft studio condo with 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 $117,000 ($328/Sqft) and it is also available for long term rentals starting from $335 per month.

Paradise Awaits in This Fabulous Studio! Live Luxury in Na Kluea, Chon Buri

Welcome to your piece of paradise! This blissful 33 sqm studio condo in the stunning Palm Wongamat project nestled in Na Kluea, Chon Buri is becoming available - the perfect opportunity to live the life of luxury. The building, constructed only 4 years ago in November 2015, offers an array of resort-style amenities, geared to help you relax and enjoy life. The convenient location ensures a spectacular view, with easy access to nearby markets, restaurants, and beaches. Stepping inside, it's immediately easy to see why this property is such a catch. The spacious, open-plan interior is filled with natural daylight and is equipped with modern-style fixtures and fittings, while the large private balcony is the perfect spot to relax and take in the stunning surroundings. Not only is it ideal for the perfect family home, but it would also make for a lucrative investment - the base price is ฿4 Million (฿121, 212/SqM) and long term rentals start from ฿11,500/month. Whether it's for business, pleasure or both - this condo is ideal. Make the most of this unique opportunity to own this little slice of paradise and contact us today to arrange a viewing. We look forward to hearing from you!

Features

BalconyBalcony TVTV

Basic Information

Date Listed Aug 15, 2022
Updated 2 weeks ago
Property Type Condo
Floor 9
Bedroom Studio
Size 355 Sqft
Price per Sqft $328
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, Mountain View, Pool View, Garden View
Unit Type N/A
Building Building B
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.
$48/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U71197

Investment Opportunity: Charges & Yield

Sale Price
$117,000
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.
$48/mo
Rent
$335/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.
29
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.
3%

Project Details

Project Name: The Palm Wongamat
Developer: Nova Group
Construction: Completed (Nov 2015)
Floors: 46
Buildings: 2
Units: 544
Project Area: 96,907 Sqft
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
$251,000
$496/Sqft
Beds 1 Beds
Baths 1 Baths
Size 506 Sqft Size
Floor 31 Floor
Thai Quota Fully Furnished Sea View
Updated 2 weeks ago
Available Units at The Palm Wongamat
$117,000$126,000
$328/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 9 Floor
Foreign Quota Fully Furnished Sea View
Updated 4 weeks ago
Available Units at The Palm Wongamat
$248,000
$435/Sqft
Beds 1 Beds
Baths 1 Baths
Size 570 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished Sea View
Updated 2 weeks ago
Available Units at The Palm Wongamat
$613,000
$686/Sqft
Beds 2 Beds
Baths 2 Baths
Size 893 Sqft Size
Floor 44 Floor
Thai Quota Fully Furnished Sea View
Updated 2 weeks ago
Available Units at The Palm Wongamat
$303,000
$612/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 10 Floor
Foreign Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$248,000
$512/Sqft
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$437,000
$567/Sqft
Beds 2 Beds
Baths 2 Baths
Size 770 Sqft Size
Floor 9 Floor
Foreign Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$554,000
$531/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,044 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$522,000
$674/Sqft
Beds 2 Beds
Baths 2 Baths
Size 775 Sqft Size
Floor 40 Floor
Fully Furnished Sea View
Updated 2 months ago
Available Units at The Palm Wongamat
$368,000
$474/Sqft
Beds 2 Beds
Baths 2 Baths
Size 775 Sqft Size
Floor 18 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$493,000
$558/Sqft
Beds 2 Beds
Baths 2 Baths
Size 883 Sqft Size
Floor 10 Floor
Foreign Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$1,020,000
$657/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,550 Sqft Size
Floor 3 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$1,900,000
$532/Sqft
Beds 3 Beds
Baths 4 Baths
Size 3,566 Sqft Size
Floor 26 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$464,000
$519/Sqft
Beds 2 Beds
Baths 2 Baths
Size 893 Sqft Size
Floor 17 Floor
Foreign Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$461,000
$522/Sqft
Beds 2 Beds
Baths 2 Baths
Size 883 Sqft Size
Floor 10 Floor
Thai Quota Partly Furnished Sea View
Available Units at The Palm Wongamat
$1,200,000
$773/Sqft
Beds 3 Beds
Baths 3 Baths
Size 1,550 Sqft Size
Floor 22 Floor
Thai Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$120,000
$337/Sqft
Beds Studio Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 9 Floor
Thai Quota Fully Furnished Garden View
Available Units at The Palm Wongamat
$260,000
$524/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 31 Floor
Thai Quota Sea View
Available Units at The Palm Wongamat
$117,000
$328/Sqft
Beds Studio Beds
Baths 1 Baths
Size 355 Sqft Size
Floor 15 Floor
Foreign Quota Fully Furnished Sea View
Available Units at The Palm Wongamat
$405,000
$589/Sqft
Beds 2 Beds
Baths 2 Baths
Size 689 Sqft Size
Floor 37 Floor
Fully Furnished Sea View
Get notified when new homes are being added to The Palm Wongamat
View All (20)

Loan Calculator

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 0.2 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
$2,920
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

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
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Monthly Rentals
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Completion Status
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Number of units
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▼ -7.4% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
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Number of units
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Sales Prices
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▲ 11% overpriced
Monthly Rentals
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Year Built
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Location
Na Kluea, Pattaya, Chon Buri
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Sales Prices
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Monthly Rentals
N/A
Year Built
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Completion Status
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Location
Na Kluea, Pattaya, Chon Buri
Number of units
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Sales Prices
$64.14K - $347.1K
▼ -39% underpriced
Monthly Rentals
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Year Built
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Number of units
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$87.21K - $259.59K
▼ -23.5% underpriced
Monthly Rentals
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Year Built
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Completion Status
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Location
Na Kluea, Pattaya, Chon Buri
Number of units
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▼ -16% underpriced
Monthly Rentals
$438 - $1.31K
Year Built
Jun 1993
Completion Status
Completed
Location
Na Kluea, Pattaya, Chon Buri
Number of units
350
Sales Prices
$122.5K - $670.86K
▼ -47% underpriced
Monthly Rentals
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Year Built
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Completion Status
Completed
Project Name
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Location
Na Kluea, Pattaya, Chon Buri
Number of units
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Sales Prices
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Year Built
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Completion Status
Completed
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