Paradise Ocean View Condominium

Paradise Ocean View Condominium is located on Soi Bang Lamung 16, Na Kluea, Pattaya City, Bang Lamung, Chonburi 20150. This is a High Rise condominium in the North Pattaya-Na Kluea area, positioned close to the sea and suited to buyers seeking a quieter residential atmosphere with ocean views. The project was completed in 2014 and developed by Global Top Group, with juristic person management for common area administration.

The project consists of 1 building, 7 floors, and 44 residential units, with on-site parking available for residents. Unit types mainly include 1-bedroom, 2-bedroom, and penthouse layouts. Some units are designed to capture direct sea views. A key advantage of the project is its low-density setting, offering more privacy than many larger condominium developments in central Pattaya.

Facilities include a swimming pool, fitness room, landscaped garden, passenger lift, and common areas for daily living. Security features include 24-hour security guards, CCTV, and key card access, supporting a secure residential environment.

The location provides convenient access to major North Pattaya landmarks such as the Sanctuary of Truth, Lan Pho Na Kluea Market, Bangkok Hospital Pattaya, and Terminal 21 Pattaya. This makes the project suitable for both residential use and long-stay holiday ownership. For a nearby comparable project, see Pattaya Del Ray Condominium.

Paradise Ocean View Condominium on Soi Banglamung 16, Pattaya, sits in a value-oriented pocket where long-stay tenants and budget-conscious expats support steady leasing. Compared with nearby projects such as Pattaya Del Ray and Ekceed Thungkrat, pricing is typically mid-to-affordable, which helps occupancy during slower tourism periods.

• 2026 resale pricing: studio to 1-bedroom units (28-35 sq.m.) average THB 1.25-1.75M, or about THB 45,000-55,000 per sq.m.
• Average rent: THB 6,500-9,000 per month, mainly driven by sea view, furniture condition, and floor level.

• Rental Yield (worked example): purchase at THB 1.50M, rent at THB 8,000 per month. Annual rent = 8,000 x 12 = THB 96,000. Yield = 96,000 ÷ 1,500,000 = 6.4% per year (before common fees, taxes, and vacancy).
• Typical achievable yield range: ~5.5-7.0% with controlled vacancy and 12-month leases.

Capital gain outlook for 2026 is more gradual than aggressive. A reasonable assumption is 2-4% annual price growth from current resale levels, supported by end-user demand rather than speculation. Units with good condition and sea-facing orientation usually transact faster and face less discounting, while poorly furnished units tend to be priced down. For investors, buying 3-5% below market is a practical buffer to improve exit profit potential.