Pattaya Plaza Condotel

Pattaya Plaza Condotel is a high-rise condominium located in Nong Prue, Bang Lamung, Chonburi 20150, in the central Pattaya area. The project offers convenient access to Pattaya Sai 2 Road, Sukhumvit Road, shopping venues, restaurants, and Pattaya Beach, making it suitable for both long-term living and rental investment in a tourism-driven location.

The project consists of 1 residential building with 20 floors and approximately 230 units. Parking is available within the project area and is considered adequate for residents. Unit types found in the project include studio, 1-bedroom, and larger family-sized layouts. One of its notable characteristics is the relatively spacious room size compared with many newer condominiums in Pattaya.

Facilities include a swimming pool, fitness room, passenger elevators, common areas, and some service or retail elements in line with the original condotel concept. Security features include CCTV, security personnel, and standard building access control.

The project was completed around 1987 and has been part of the Pattaya condominium market for many years. Publicly verified information regarding the original developer and current management company is not clearly available, so buyers and tenants should confirm details directly with the juristic office before making a decision.

The key strength of the project is its central location near the beach and urban lifestyle amenities. From an investment perspective, it may appeal to those seeking larger units in a well-known Pattaya area with potential for medium-term to long-term rental demand. A nearby project is The Riviera Ocean Drive.

Pattaya Plaza Condotel in Nong Prue, Bang Lamung is a condotel-style asset where rental demand is driven mainly by tourism-related workers and budget long-stay tenants. As a result, rents can be relatively resilient, while resale pricing tends to lag behind newer nearby projects such as Centric Sea Pattaya or The Peak Towers Pattaya, which usually command higher price-per-sqm premiums.

• 2026 resale price per unit: typically THB 1.30-1.85M for studio to 1-bedroom units around 28-35 sq.m.
• Average resale price per sq.m.: about THB 45,000-55,000 per sq.m., depending on renovation and room condition
• Average rent: THB 7,500-10,500 per month on 12-month contracts

Rental Yield calculation (example: 30 sq.m. unit priced at THB 1.50M, rent THB 9,000 per month): annual rent = 9,000 x 12 = THB 108,000. Gross yield = 108,000 / 1,500,000 = 7.2% per year (before common fees, agent fees, and vacancy).

Capital Gain outlook for 2026: condotel-type resales usually rise gradually rather than sharply. If acquired below ~THB 50,000 per sq.m. with good condition, a realistic appreciation range is around 2-4% per year, aligned with the tourism cycle. However, competition from newer supply means upside depends heavily on buying at a discount and improving the unit to achieve faster liquidity.