Pratumnak Hill, one of Pattaya’s most popular areas due to its central location, quiet streets and sea views has an exciting new high-rise development that is an excellent option for anyone looking for a residence in this part of the city – The Cloud.
The Cloud is an impressive-looking 20-storey tower which occupies an excellent location on Pratumnak Kasetsin 2. This means that the vast majority of west-facing units will enjoy excellent views over the grounds of the vast, green Royal Cliff Hotel complex to the sea beyond. The project is just 100m off Rajchawaroon, the most-lively street in Pratumnak, where a wide variety of shops, restaurants and bars are just a stone’s throw from here. Just 300m down Rajchawaroon is the famous Cosy Beach, one of Pratumnak’s major draws due to it being widely regarded as one of the best beaches in the city.
In terms of facilities, those at The Cloud rival those which can be found at any of the other high-rises currently on offer on Pratumnak. Most notable of the features is the large infinity pool on the 10th floor of the building, which also contains The Cloud’s fully-equipped fitness centre, sauna and steam room. The apartments on the lower ten floors all surround an atrium with trees which is open to the skies, giving the lobby to the building a very pleasant light and airy feel.
Potential buyers have a variety of unit sizes to choose from, ranging from 25m2 studios through to a luxury penthouse of 117m2. The majority of the units here are one-bedroom apartments, which vary in size from 35m2 through to 55m2 together with two-bedroom apartments ranging from 48m2 through 65m2. Prices at The Cloud are very reasonable compared to other, similar developments on Pratumnak which will not have as clear sea views as from the west-facing units here.
The developer of The Cloud has already had great success with their previous projects, all of which have been released to date under the ‘City Garden’ brand, starting with City Garden in the centre of Pattaya. The popularity of this development among rental tenants is such that the developers already has a booming rental business, which they will extend to The Cloud once it is completed, making it an excellent option for anyone looking to buy for rental purposes. The long payment terms offered by the developer also means that The Cloud is also an excellent choice for anyone looking to flip prior to completion.
|Type||m2||Price/THB||Start Date||Q3 2014|
|Studio – Min||25||1,800,000||Closing Costs||3.15%|
|Studio – Max||25||2,025,000||Payment Plan|
|1-Bed – Min||35||2,485,000||Reservation Fee||THB 20,000|
|1-Bed – Max||35||4,585,000||Deposit Payment||20%|
|2-Bed – Min||48||3,696,000||Interim Payments||40% / 30 months|
|2-Bed – Max||65||7,735,000||Handover||40%|