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The Palm Wongamat Beach

 

The Palm Wongamat Beach project is the youngest on the Pattaya real-estate market.

Currently this is the only high-rise construction site in the city that will have a private beach entrance. Two building units with 47- and 26-storeys, respectively, have already been erected in North Pattaya near the Wong Amat Beach. At the moment the interior decoration is in progress.

The Palm Wongamat Beach project is a novelty on the Wong Amat Beach from the renowned Nova Group building developer. Two high-rises with a panoramic sea view and a private beach serve to the most sophisticated taste and various paying abilities.

The ‘A’ building comprises 47 floors with 1- and 2-bedroom apartments, while the ‘B’ building consists of 26 floors and offers only studio-apartments. The apartments are put into commission fully finished, with air-conditioning, WC-and-bathroom units and built-in kitchens.

The excellent location, the allocated qualified workmanship, the developer’s reputation and the construction schedule account for sales growth at record pace.

The clean and cozy private beach is just 30 m away from thePalm Wongamat Beach site. Each floor in the ‘A’ building hosts only 8 apartments; 4 of them are very spacious. North Pattaya is an elite tranquil district far from the city hustle and bustle. Moreover, the developer specializes in the construction of hotels, therefore the effectiveness of the property management company is guaranteed: the building’s interior will always remain clean, cozy and tidy.

The Palm Wongamat Beachis an ideal spot for living and relaxation. Despite the high prices almost all apartments have already been purchased. Foreign ownership is generally not limited, only for resale.

Project distinctions:

  • North Pattaya;
  • Completion: January 2015, under construction, building units are being finished;
  • 47- and 26-storey building units;
  • 20 maway from the beach;
  • Public pool;
  • In-built premium-class furniture;
  • Wi-FiInternet;
  • Laundry service;
  • Shop;
  • Restaurant;
  • Bar;
  • Fitness studio;
  • Parking area;
  • Garden;
  • Children’s playground;
  • Electronic access system (cards);
  • CCTV (video surveillance system);
  • 24-h security.

Installment payment plan:

  • 50,000 THB for apartment reservation;
  • Purchase money — 20% of the apartment’s cost over 30-45 days, incl. 50,000 THB;
  • Interest-free payments during construction (quarterly or semiannually) — 30% of the apartment’s cost;
  • 50% of the apartment’s cost on occupation.

Additionalfeesoncompletion:

  • Sinking fund (one-time payment): 600 bahr per sqm;
  • Maintenance fee: 40 baht per sqm per month;
  • Governmental tax on registration of property rights — 1 % of cadastral apartment value.

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