The Riviera Ocean Drive

4 (1 Review)

Nong Prue, Pattaya, Chon Buri

Unit ID: U1024882
฿3,035,000
Bedroom
1 Bedroom
Bathroom
1 Bathroom
Indoor Area
31 SqM Size
Floors
15 Floor
Construction
Dec 2022 Off Plan

1 Bedroom Condo for sale at The Riviera Ocean Drive

This property is a 31 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the The Riviera Ocean Drive project in Nong Prue, Pattaya and it is scheduled for completion in Dec 2022. You can buy this condo for a base price of ฿3,035,000 (฿97,903/SqM).

Features

Corner UnitCorner Unit BalconyBalcony

Basic Information

Property Type Condo
Floor 15
Bedroom 1
Size 31 SqM
Price per SqM ฿97,903
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not 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 that is currently below 49%.

Thai 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, City 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.
฿1,550/mo
Listed By
Private Owner
Date Listed Aug 27, 2021
Last Updated 4 weeks ago
Unit ID U1024882

Investment Opportunity: Charges & Yield

Sale Price
฿3,035,000
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.
฿1,550/mo

Project Details

Project Name: The Riviera Ocean Drive
Developer: The Riviera Group
Construction: Off Plan (Dec 2022)
Floors: 43
Buildings: 1
Units: 512
Project Area: 4,300 SqM
Nearest Landmark Jomtien Beach North - 0.5 Km
Location: Nong Prue, Pattaya, Chon Buri
The Riviera Ocean Drive Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
Bar Bar
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Indoor Kids Zone Indoor Kids Zone
Car Parking Car Parking
Reception / Lobby Area Reception / Lobby Area
Co-Working Space / Meeting Room Co-Working Space / Meeting Room
Lounge Lounge
Communal Garden Area Communal Garden Area
Attached Market / Shops Attached Market / Shops
Back Up Generators Back Up Generators
Key card access Key card access

Available Units at The Riviera Ocean Drive

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Beds 1 Beds
Baths 1 Baths
Size 44 SqM Size
Floor 18 Floor
Foreign Quota Unfurnished Sea View
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฿103,409
Beds 1 Beds
Baths 1 Baths
Size 26.40 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Ocean Drive
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Beds 1 Beds
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Size 44 SqM Size
Floor 18 Floor
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Beds 1 Beds
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Available Units at The Riviera Ocean Drive
฿97,903
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 15 Floor
Thai Quota Fully Furnished Sea View
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฿96,721
Beds 1 Beds
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Size 30.50 SqM Size
Floor 10 Floor
Thai Quota Fully Furnished Sea View
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Available Units at The Riviera Ocean Drive
฿172,811
Beds 1 Beds
Baths 1 Baths
Size 43.40 SqM Size
Floor 39 Floor
Foreign Quota Fully Furnished Sea View
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Beds 1 Beds
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Size 45 SqM Size
Floor 37 Floor
Foreign Quota Built In River or Canal View
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Available Units at The Riviera Ocean Drive
฿114,815
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Beds 1 Beds
Baths 1 Baths
Size 27 SqM Size
Floor 11 Floor
Foreign Quota Partly Furnished Sea View
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Available Units at The Riviera Ocean Drive
฿172,811
Beds 1 Beds
Baths 1 Baths
Size 43.40 SqM Size
Floor 39 Floor
Foreign Quota Unfurnished Sea View
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Available Units at The Riviera Ocean Drive
฿149,837
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Beds 1 Beds
Baths 1 Baths
Size 30.70 SqM Size
Floor 39 Floor
Foreign Quota Unfurnished Sea View
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Available Units at The Riviera Ocean Drive
฿103,521
Great Price
Beds 1 Beds
Baths 1 Baths
Size 35.50 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Available Units at The Riviera Ocean Drive
฿105,000
Great Price
Beds 1 Beds
Baths 1 Baths
Size 31 SqM Size
Floor 5 Floor
Thai Quota Fully Furnished City View
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Payment Plan

2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon reservation agreement signing
15%
2nd Installment
Upon reservation agreement signing
15%
3rd Installment
On handover
70%
1 Bedroom, Studio
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon reservation agreement signing
15%
2nd Installment
Upon reservation agreement signing
15%
3rd Installment
On handover
70%

Frequently asked questions

No pets are allowed at The Riviera Ocean Drive 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 ฿1,550 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 Riviera Ocean Drive the required payment for the sinking fund is ฿500 per square meter based on the size of the indoor area of the property.
Jomtien Beach North is the nearest Beach from The Riviera Ocean Drive and it is 0.5 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

2 Bedroom
Installment Milestone Payment
Reservation Deposit
Immediately
฿100,000
1st Installment
Upon reservation agreement signing
15%
2nd Installment
Upon reservation agreement signing
15%
3rd Installment
On handover
70%
1 Bedroom, Studio
Installment Milestone Payment
Reservation Deposit
Immediately
฿50,000
1st Installment
Upon reservation agreement signing
15%
2nd Installment
Upon reservation agreement signing
15%
3rd Installment
On handover
70%

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

Sale Price : ฿5,759,000
Fazwaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
Fazwaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
Fazwaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
Fazwaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4 out of 5 4
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
New condo close to Jomtien Beach, worth investment
4 Prasit E., Thailand, 1 year ago
I have booked this condo for 1 unit- 2 bedrooms with fully furnished. It saves my time decorating a lot. I've planned to rent it out shortly. The reason I chose this condo is because it is a new condominium project and outstanding. There will be many tourists visiting Pattaya in the future. No high-rise buildings are surrounding the project to commune with the Jomtien Beach view nicely from every unit, and it's considered the selling points of this project. There is also a full range of facilities such as a communal pool, jacuzzi, and a communal gym located on the 21 and 22 floors facing directly to the sea. Besides, I can relax comfortably on the 43rd floor. The highest floor will be an entertainment zone and an on-site restaurant where we can have leisure time in the evening. I think the 43rd floor will be the project highlight when it is completed. I'm the one who will be on that floor. I will also invest in this project because it is a popular and quality property from The Riviera Group. It is such a masterpiece. I believe in this project because of the construction building standard, and I think I won't be disappointed anymore.

Pattaya

Nong Prue

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