Palm Bay 1 Pattaya

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Nong Prue, Pattaya, Chon Buri

6% GUARANTEED RETURN FOR 2 YEARS
Dec 2021 Off Plan
41 Floors
353 Units

Palm Bay 1 Pattaya in Nong Prue, Pattaya

Palm Bay 1 Pattaya is a condo and apartment project located in Nong Prue, Pattaya and it is scheduled for completion in Dec 2021. It has 353 units across 41 floors and was developed by Palm Bay Group, who is also behind Palm Ocean and Palm Lakeside Villas.

About Palm Bay 1 Pattaya

Welcome to PALM BAY 1 condominium.
Luxury condominium in Central Pattaya.
Affordable lifestyle with 5-star facilities!
A true landmark in Pattaya’s skyline this 41 storey luxury semi-residential condominium development by the Palm Bay Group.
Centrally located along Thappraya Road near the intersection and fly-over with 3rd road.
Walking distance to the beach and city center with its great variety of shopping malls, great restaurants, sport- and leisure outlets and much more.
Very convenient location with easy access.

Video Palm Bay 1 Pattaya

Prices by Room Types

UnitType Unit Types | 0 New Units Available at Palm Bay 1 Pattaya

  • Price & Availability Last Updated: Mar 24, 2020

Facilities

Leisure
Communal Pool
Steam Room
Sauna
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)

Management

Project ManagementSinking Fund
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 Palm Bay 1 Pattaya the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
฿800/SqM
Project ManagementCommon Area Management Fee
These common area maintenance (CAM) fees are paid by owners for the upkeep of the common areas of condominiums and housing projects. For new residential developments, it is common to pay up to 1-3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿50/SqM

Payment Plan

For 1 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Down Payment
30%
2nd Installment
Before December 31,2019
10%
3rd Installment
Before June 30,2020
10%
4th Installment
Before December 31,2020
10%
5th Installment
Before June 30,2021
10%
6th Installment
On completion
30%
For 2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Down Payment
30%
2nd Installment
Before December 31,2019
10%
3rd Installment
Before June 30,2020
10%
4th Installment
Before December 31,2020
10%
5th Installment
Before June 30,2021
10%
6th Installment
On completion
30%
For 3 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿300,000
1st Installment
Down Payment
30%
2nd Installment
Before December 31,2019
10%
3rd Installment
Before June 30,2020
10%
4th Installment
Before December 31,2020
10%
5th Installment
Before June 30,2021
10%
6th Installment
On completion
30%

Project Progress

Palm Bay 1 Pattaya 13%
Expected completion date: December 2021
Concept and Visualization100%
Preliminary Works85%
Construction Status5%
Handover and Commissioning0%

About the Developer - Palm Bay Group

All Palm Bay Group Projects
3 Projects 711 Units

The multiple award-winning Palm Bay Group is a familiar face on Thailand’s property-scene.
Since over 20 years we are active on the property scene of the Eastern Seaboard of Thailand. We are known for our professionalism and intense market-knowledge.

The Eastern Seaboard region offers the best in: Location, quality, convenience, luxury, infrastructure and security for all types of investors and end-users.

Our project-support team, which consists of both Thai and foreign experts, provides the finest in quality services to meet your needs, 7 days a week.
We are committed to quality and reliability and to our goal of reaching the highest, professional, standards in the industry.

The residential projects of the Palm Bay Group are divers and provide top-quality at competitive prices. Whether you are looking for an investment or a luxury villa or condo for personal use: We have got what it takes!

Frequently asked questions

The common area maintenance fee is ฿50 per square meter based on the size of the indoor area of the property. This fee has to be paid every month 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 Palm Bay 1 Pattaya the required payment for the sinking fund is ฿800 per square meter based on the size of the indoor area of the property.
Palm Bay 1 Pattaya offers a guaranteed rental return of 6% (based on the purchase price of the property) for a duration of 2 Years.
Read more here.
Pattaya Walking Street And Pattaya Hill is the closest Tourist Attraction from Palm Bay 1 Pattaya and it is 1.76 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 you have to follow these steps:

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

Read more here

Sure and with travel restrictions this is becoming a more popular option. We have online immersive tours of a large number of properties so you can see all properties from your home. Our experienced team can also conduct a video tour and once you are ready to go ahead with your purchase, either our team or we can recommend lawyer to manage the entire transfer of the property into your name without you physically being 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

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Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View


Surrounding area

Palm Bay 1 Pattaya is conveniently located just 160 m from Family Mart, which can be reached within 2 mins. by foot.

There are many other shops situated in the area of Palm Bay 1 Pattaya, the 3 closest being:
- FamilyMart is 320 m away (about 4 mins. by foot)
- Family Mart is 270 m away (about 4 mins. by foot)
- 7-Eleven is 280 m away (about 4 mins. by foot)

The surrounding area, where Palm Bay 1 Pattaya is situated, offers a wide variety of restaurants. See the closest of them below:
- Queen's Apartment is 80 m away (a walk of about 1 min.)
- Queen's Apartment is 80 m away (a walk of about 1 min.)
- Steak shop "Lung Nuad" is 140 m away (a walk of about 2 mins.)

Chumsai Clinic is the nearest health facility, which is 290 m away (you can walk there in 4 mins.) from the project, while the closest schools in the proximity of Palm Bay 1 Pattaya are:
- The Bridge Family Center and English Class is 240 m away (about 3 mins. by foot)
- Elite language school is 410 m away (about 5 mins. by foot)
- A ONE PATTAYA LANGUAGE CENTER is 900 m away (about 11 mins. by foot)

APAS Co., Ltd. is located 2.7 km from Palm Bay 1 Pattaya and it takes about 7 mins. by car or taxi (depending on the traffic) to get there.