Park Beach Condominium

Park Beach Condominium is located at 592 Soi Photisan, Pattaya City, Bang Lamung, Chonburi 20150, in the Wongamat area near the beach and Pattaya-Na Kluea Road. The location is suitable for both long-term living and seaside holiday use.

The project is a High Rise condominium comprising 1 residential building with 36 floors and approximately 350 units. It was completed in 1997 and developed by Park Beach Condominium Co., Ltd. The common areas and building operations are managed by the condominium juristic person.

Unit types include 1-bedroom, 2-bedroom, 3-bedroom, and penthouse layouts. Many units are designed to capture sea views, and the usable areas are generally larger than many newer condominiums in Pattaya, making the project appealing to buyers seeking spacious beachfront residences.

Facilities include a beachfront swimming pool, fitness room, sauna, garden, elevators, parking area, beach access, and shared leisure spaces. Security features include 24-hour security guards, CCTV, and key card access.

A key advantage of the project is its quieter atmosphere compared with Central Pattaya, while still offering convenient access to Terminal 21 Pattaya, Dolphin Circle, and Bangkok Hospital Pattaya. It is suitable for end-users and investors looking for a condominium in the limited-supply Wongamat area. For a nearby project, see Serenity Wongamat Condominium.

Park Beach Condominium on Soi Photisamphan, Pattaya (2026) shows a steady, income-driven market rather than aggressive price jumps. Compared with newer Wongamat projects such as The Riviera Wongamat Beach and Baan Plai Haad Pattaya, Park Beach typically trades at a lower entry price, while still benefiting from the Wongamat seaside rental pool and long-stay foreign tenants.

• Resale price per unit: Studio-1BR, 35 sq.m. averages THB 2.75M
• Price per sq.m.: average THB 78,500 (commonly seen range ~70,000-90,000)
• Average rent: 35 sq.m. averages THB 16,000 per month on a 12-month contract

Rental Yield (2026): 16,000 x 12 = 192,000 THB per year. 192,000 - divided by 2,750,000 = 6.98% p.a. (before maintenance fees, taxes, and vacancy).

Capital Gain view: Using a conservative 2%-4% annual appreciation assumption based on 2024-2025 pricing, the 2026 resale level may move toward THB 2.80-2.90M for a comparable unit. Upside is supported by Wongamat’s limited beachfront feel and rental demand; key risks are competition from newer launches and potential renovation costs for older stock. Best suited for investors prioritizing cashflow and selecting well-maintained units that can be rented immediately.