Palm Ocean

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Nong Prue, Pattaya, Chon Buri

Nov 2022 Off Plan
31 Floors
278 Units

Palm Ocean in Nong Prue, Pattaya

Palm Ocean is a condo and apartment project located in Nong Prue, Pattaya and it is scheduled for completion in Nov 2022. It has 278 units across 31 floors and was developed by Palm Bay Group, who is also behind Palm Bay 1 Pattaya and Palm Lakeside Villas.

Facilities

Leisure
Communal Pool
Fitness
Communal Gym
Safety
24H Security
CCTV (Video Surveillance)
Convenience
Car Parking
Reception Lobby Area

Management

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
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 Ocean the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.
฿600/SqM

Payment Plan

For Studio & One Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon contract signing
30%
2nd Installment
10% every 6 months total of 4 installments/2 years)
40%
3rd Installment
On handover
30%
For Two Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿200,000
1st Installment
Upon contract signing
30%
2nd Installment
10% every 6 months total of 4 installments/2 years)
40%
3rd Installment
On handover
30%

Master Plan

Project Progress

Palm Ocean 5%
Expected completion date: November 2022
Concept and Visualization85%
Preliminary Works70%
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 Ocean the required payment for the sinking fund is ฿600 per square meter based on the size of the indoor area of the property.

South Pattaya Beach is the closest Beach from Palm Ocean and it is 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 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 Ocean is conveniently located just 100 m from 7-Eleven, which can be reached within 1 min. by foot.

There are many other shops situated in the area of Palm Ocean , the 3 closest being:
- Familymart is 110 m away (about 1 min. by foot)
- 7-Eleven is 170 m away (about 2 mins. by foot)
- 7-Eleven is 250 m away (about 3 mins. by foot)

The surrounding area, where Palm Ocean is situated, offers a wide variety of restaurants. See the closest of them below:
- Presented is 20 m away (a walk of about 1 min.)
- First and Last Station is 30 m away (a walk of about 1 min.)
- Yoisho sushi bar is 60 m away (a walk of about 1 min.)

Top Clinic is the nearest health facility, which is 1.5 km away (you can drive there in 5 mins.) from the project, while the closest schools in the proximity of Palm Ocean are:
- Finnish school in Pattaya is 1.7 km away (an approx. drive of 5 mins.)
- Learn German Pattaya is 1.6 km away (an approx. drive of 5 mins.)
- Easy ABC Language School P is 1.8 km away (an approx. drive of 5 mins.)

APAS Co., Ltd. is located 3.1 km from Palm Ocean and it takes about 8 mins. by car or taxi (depending on the traffic) to get there.