Condominium Retail Unit for Sale in 700 M.5 Pattaya-Na Kluea Rd, Muang Pattaya, Amphoe Bang Lamung, Chang Wat Chon Buri 20150, Thailand USD 495,000,002
700 M.5 Pattaya-Na Kluea Rd, Muang Pattaya, Amphoe Bang Lamung, Chang Wat Chon Buri 20150, Thailand-
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Property Information
- Date added: Added 3 days ago
- Residential: Condominium
- Commercial: Retail Unit
- Type: Sale
- Availability: Available Now
- Bedrooms: 3
- Bathrooms: 3
- Half baths: 1
- Total Rooms: 4
- Floors: 16
- Floor Level: 10
- Terrace, m²: 51.72 m²
- Living Area, m²: 186.32 m²
- Total Area: 238.04 m²
- Year Built: 10 Year Old
- Year remodeled: 3
- Listing Managed by: Owner
Description
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Description:
Luxury Oceanfront Residence at The Cove, Wongamat Beach
A Rare Oceanfront Residence
The condominium unit Foreign Quota in Cove is fully allocated
Developer retains scarce remaining quota exclusively for select unsold units. Only two residences were redesigned pre-construction by a Swiss architect. Only one (the one on the higher floor) is currently for sale.
Structural Superiority and Upgrades
238.04 sqm interior space
Best 3 BR/3 BA unit layout in the building (Swiss architect before construction Redesign)
Compare the attached floor plans
Unobstructed panoramic Ocean views
Preferred North side of the building offering sweeping views of Pattaya skyline and cool summer ocean breezes
- Optimal 10th-floor location
- Ceiling Height: 3 m
- Large Oceanfront Terrace: 51.72 m²
- 2 assigned private parking spaces (rare in Bldgs.)
- Imported Italian marble flooring throughout, including balcony
- Balcony jacuzzi fully reclad in white quartzite stone
- Fully redesigned kitchen with stainless steel cabinets and modern appliances
- Fully redesigned bathrooms
- Entire air conditioning system was replaced with an efficient and quiet Daikin cassette system.
- Remote-controlled electric blinds in the living room and the master bedroom
- Furnished to a high European standard
The expansive living area is framed by a signature curved glass façade, creating a breathtaking panoramic backdrop of the ocean. Sliding doors open onto a generous 51.72-square-meter private terrace, an ideal setting for sunset dining and outdoor relaxation.
The interior combines elegant finishes with refined coastal living, including marble flooring, a fully equipped modern kitchen, and a luxurious master suite with direct sea views
• Private beachfront access
• Oceanfront infinity swimming pool
• Landscaped tropical gardens
• Elegant double-height lobby
• 24-hour security and concierge servicesLocated along the serene shores of Wongamat Beach, this residence offers a rare opportunity to own a truly luxurious coastal home in one of Pattaya’s most sought-after beachfront developments.
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Location
Amenities & Features
- Property Features:
- Building Amenities:
Building Details
- Cooling features: Central Air Conditioning Multi-zone Air Conditioning
- Heating features: Not Applicable
- Parking spaces: 2
- Energy Efficiency Class: N/A
- Building Details: Luxury beachfront condominium with panoramic sea views, private beach access, resort-style swimming pool, landscaped gardens, fitness center, and 24-hour security. The condominium unit Foreign Quota in Cove is fully allocated Developer retains scarce remaining quota exclusively for select unsold units Only two residences were redesigned pre construction by a Swiss architect Only one (the one on the higher floor) is currently for sale.
- Floor covering: Carpet, Stone, Tile
- Basement: Unfinished
- Exterior material: Cement/concrete
- Roof: Cement/concrete
- Type of Parking: Garage – detached, Off-street
Property Documents
Neighborhood
- Neighborhood Description: Wongamat Beach is widely considered Pattaya’s most prestigious residential neighborhood, offering a peaceful beachfront atmosphere while remaining close to the city’s top restaurants, shopping, international schools, and medical facilities.
- Nearby School: Wongamat offers convenient access to several well-known international schools, making the residence ideal for families relocating to Pattaya. Nearby institutions include Regents International School Pattaya, Rugby School Thailand, Tara Pattana International School, Mooltripakdee International School, and International School of Chonburi, all within a comfortable driving distance.
- Public Transport: Although Pattaya is primarily a driving city, Wongamat offers convenient transport connections to major areas of Pattaya and nearby cities. Residents can easily access local transportation options such as the Baht Bus route along Beach Road, private taxis, and ride-hailing services like Grab. For international travel, U‑Tapao Rayong–Pattaya International Airport is approximately 45 minutes away and provides regional and international flight connections. In addition, the upcoming High-Speed Rail Linking Three Airports will further enhance connectivity between Pattaya, Bangkok, and major economic zones.
- Shopping: Wongamat residents enjoy easy access to Pattaya’s top shopping and lifestyle destinations. Nearby shopping centers include: • Terminal 21 Pattaya – A modern international-themed shopping mall with restaurants, cafes, and entertainment. • Central Pattaya – One of the largest beachfront shopping complexes in Thailand offering luxury brands and dining. • Central Marina – A convenient retail and lifestyle center located in North Pattaya. The area also features boutique cafes, beachfront restaurants, and luxury hotels that enhance the sophisticated coastal lifestyle of Wongamat. Also New shopping center Again Pattaya.
- Business District: Wongamat is located in North Pattaya, providing convenient access to Pattaya’s main commercial and business districts. The area is within a short drive of: • North Pattaya Business Area • Pattaya Beach Road commercial zone • Major hospitality developments and international hotels • The Eastern Economic Corridor region, one of Thailand’s fastest-growing economic hubs. The nearby Eastern Economic Corridor (EEC) continues to attract international investment, driving demand for high-quality residential properties in Pattaya.
- Historical Growth %: Wongamat has consistently been one of the strongest-performing luxury property locations in Pattaya. Over the past decade, beachfront condominiums in Wongamat have experienced steady value appreciation, supported by limited beachfront land supply and increasing demand from international buyers. Luxury beachfront properties in the area have historically seen average annual growth estimated between 5–8%, particularly for well-located developments with direct beach access. With very limited new beachfront development opportunities remaining, Wongamat continues to attract long-term investors seeking stable property value growth.
Expenses
- Annual Expenses USD: ≈ $9,000 / year
- Monthly Expenses USD: 500 – 1000
- Property Insurance USD: $800 – $1,200 / year
- Maintenance Fees: ≈ $400 – $550 / month
- Estimated Renovation ROI: 8% – 15% value increase
Taxes
- Annual Taxes: Approximately 4,000 – 5,000 THB per year (Approximately $110 – $140 USD per year) Based on the current Thai Land and Building Tax regulations for residential condominiums.
Investor Information
- Cap Rate USD: 4
- Gross Rental Yield USD: 5
- Cash-on-Cash Return USD: 4
- Occupancy Rate %: 65
- Summary: This residence offers a compelling investment opportunity in Pattaya’s most prestigious beachfront neighborhood. Luxury condominiums in Wongamat typically achieve gross rental yields of approximately 4.5% – 5.5%, supported by strong demand from international tenants and long-stay residents. Given the limited supply of beachfront land in Wongamat, the property offers both stable rental income potential and long-term capital appreciation.
Open House
- 10:00 to 05:30