Rising Place Pratumnak

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Nong Prue, Pattaya, Chon Buri

For Sale 85 Units ฿2,450,000
Construction
Jun 2019 Completed
Floors
8 Floors
Units
92 Units

Rising Place Pratumnak in Nong Prue, Pattaya

Rising Place Pratumnak is a condo and apartment project located in Nong Prue, Pattaya and was completed in Jun 2019. It has 92 units across 8 floors

About Rising Place Pratumnak

Rising Place is a condo development located in Pratumnak Hill, Pattaya, Thailand. It is 2.1km from the beach with 124 condo units across 7 floors scheduled for completion in August of 2017. It features an on-site restaurant, a swimming pool, a fitness center, 24-hour security, CCTV, a reception/lobby area, a shuttle to the beach, car parking.


It is a series of high-class apartment products constructed more than 30 buildings in Tokyo, Yokohama and other cities of Japan. A series of Rising Place with its simple and state-of-the-art design including up-to-date equipment is strong favorite among active people living in urban areas. Rising Place located in Pattaya of Thailand takes aim at architecture reflecting a resort destination with exotic atmosphere of a southern land, inheriting leading-edge image and utilizing know-how transferred from Japan.


Our condominium will offer owners from all over the world every service including gym and luxury relaxing swimming pool, beautiful planting to their complete satisfaction. We have a lot of confidence in selecting its locations to build condominium and we strive for the realization of constructing condominium in land areas where we could not build before.

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Facilities

Leisure
Leisure
Bar Bar
Convenience
Convenience
Car Parking Car Parking
Reception Lobby Area Reception Lobby Area
Safety
Safety
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)

Management

Common Area Management Fee
Common 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
Sinking Fund
Sinking 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 Rising Place Pratumnak the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
฿500/SqM
Freehold Premium
Freehold Premium
Developments that are popular with overseas buyers usually sell their foreign freehold quota units first. This higher demand is being reflected in the unit prices via the freehold premium.
฿10,000/SqM

Frequently asked questions

Frequently asked questions about Rising Place Pratumnak
The common area maintenance fee at Rising Place Pratumnak 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 Rising Place Pratumnak the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.

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.

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After you have found the right property at Rising Place Pratumnak you have to follow these steps:

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

 

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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.

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