2 Bedroom Condo for sale at Palm Bay 1 Pattaya

(1 Review)
Nong Prue, Pattaya, Chon Buri
Unit ID: U166637
6% GUAR. RETURN FOR 2 YEARS
2 Bedrooms
1 Bathroom
29.50 SqM Size
5 Floor
Dec 2021 Completed

About This Condo

This property is a 29.50 SqM condo with 2 bedrooms and 1 bathroom that is available for sale. It is part of the Palm Bay 1 Pattaya project in Nong Prue, Pattaya and was completed in Dec 2021. You can buy this condo for a base price of ฿3,215,500 (฿109,000/SqM).

Features

BalconyBalcony

Basic Information

Date Listed Jul 23, 2019
Updated 3 years ago
Property Type Condo
Floor 5
Bedrooms 2
Size 29.50 SqM
Price per SqM ฿109,000
Pets Not Allowed
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%.

Foreign Quota, Thai Quota, Company
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
Unit Type A-2BR
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.
฿1,475/mo
Listed By
Developer
Electricity Price N/A
Water Price N/A
Unit ID U166637

Price Analysis

Great Price
Estimated market value ฿3,770,991
Great
฿3,640,000
Good
Fair
Above
฿3,830,000
Current asking Price: ฿3,215,500
This condo is ฿555,491 BELOW MARKET (-15%) in the Pattaya area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
Powered by FazWaz AVM

Investment Opportunity: Charges & Yield

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.
฿1,475/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.
17
Guaranteed Rental Return
6%
Guarantee Duration
2 Years

Project Details

Project Name: Palm Bay 1 Pattaya
Developer: Palm Bay Group
Construction: Completed (Dec 2021)
Floors: 41
Buildings: N/A
Units: 353
Project Area: N/A
Nearest Landmark Pattaya Walking Street - 1.8 Km
Location: Nong Prue, Pattaya
Palm Bay 1 Pattaya Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Steam Room Steam Room
Sauna Sauna
Close
YOU MISSED THAT DEAL!
This condo was reserved by another buyer but check out these similar properties

Loan Calculator

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%

Frequently Asked Questions

The common area maintenance fee is ฿50 per square meter based on the size of indoor area of the property and is ฿1,475 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 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 is the nearest Tourist Attraction from Palm Bay 1 Pattaya and it is 1.8 km away.
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

Do you own a property at Palm Bay 1 Pattaya?

Find out how much your property is worth and start your listing for free.

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
The common area is full of value.
Karnjana L., Thailand, 4 years ago
I was looking for a condo in the Thappraya area. Accidentally, I came across the Palm Bay 1 Pattaya. It is a condo under construction in which I'd read through the information about the project, called to inquire, and went to visit the project sale gallery. The staff gave good advice. It made me feel like loving here. The decorations are modern and good, which looks very good. The room was beautiful, designed to be quite elegant. Furniture and decorations are nice and of good quality. I have aimed for a 1-bedroom because I am alone and the space size is suitable for me. Besides, this project also has a complete common area. It comprises an onsen, spa, steam room, sauna, and a beautiful view from the swimming pool. It is very worthwhile; so, I decided to reserve 1 room without changing my mind.
Pattaya
Nong Prue

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Palm Bay 1 Pattaya

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
Location
Nong Prue, Pattaya, Chon Buri
Number of units
1207
Sales Prices
฿2.05M - ฿11.4M
▼ -13.1% underpriced
Monthly Rentals
฿8K - ฿35K
Year Built
Dec 2015
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
109
Sales Prices
฿1.55M - ฿3.99M
▼ -9% underpriced
Monthly Rentals
฿13K - ฿22K
Year Built
Jul 2010
Completion Status
Completed
Project Name
Park Royal 2
Location
Nong Prue, Pattaya, Chon Buri
Number of units
85
Sales Prices
฿1.54M - ฿2.5M
▼ -28.7% underpriced
Monthly Rentals
฿15K
Year Built
May 2011
Completion Status
Completed
Project Name
Pattaya Heights
Location
Nong Prue, Pattaya, Chon Buri
Number of units
94
Sales Prices
฿2.3M - ฿5.95M
▼ -18% underpriced
Monthly Rentals
N/A
Year Built
Jun 2009
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
252
Sales Prices
฿1.7M - ฿1.79M
▲ 2.6% overpriced
Monthly Rentals
฿12K
Year Built
Jun 2021
Completion Status
Completed
Location
Nong Prue, Pattaya, Chon Buri
Number of units
656
Sales Prices
฿2.01M - ฿4.13M
Monthly Rentals
N/A
Year Built
Jan 2027
Completion Status
Off Plan
Location
Nong Prue, Pattaya, Chon Buri
Number of units
35
Sales Prices
฿5.5M
▼ -4% underpriced
Monthly Rentals
฿30K
Year Built
Nov 2007
Completion Status
Completed
Project Name
Novana Residence
Location
Nong Prue, Pattaya, Chon Buri
Number of units
259
Sales Prices
฿1.75M - ฿2.9M
▼ -7% underpriced
Monthly Rentals
฿8K - ฿16K
Year Built
May 2012
Completion Status
Completed
Project Name
Yensabai Condotel
Location
Nong Prue, Pattaya, Chon Buri
Number of units
179
Sales Prices
฿1.6M
▼ -16% underpriced
Monthly Rentals
฿8.9K - ฿16K
Year Built
Sep 1995
Completion Status
Completed
Project Name
Park Royal 1
Location
Nong Prue, Pattaya, Chon Buri
Number of units
38
Sales Prices
฿1.6M
Monthly Rentals
฿10K
Year Built
May 2009
Completion Status
Completed
Back to top
  • Fazwaz Group Sites www.fazwaz.cn www.fazwaz.ru www.fazwaz.fr www.fazwaz.de www.fazwaz.es www.fazwaz.jp www.fazwaz.co.kr