The Cove Pattaya

The Cove Pattaya is a luxury high-rise condominium located at 700 Moo 5, Pattaya City, Bang Lamung, Chon Buri 20150. The project stands in the Wongamat beachfront area, known for its private atmosphere and expansive sea views. It was developed by Petch Property Development Co., Ltd. and completed in 2011.

The project consists of 1 residential building with 18 floors and a total of 100 units. Parking is available for approximately 100 cars, equal to about 100% of the unit count. Unit types focus on spacious living and include 1-bedroom, 2-bedroom, 3-bedroom, and penthouse layouts, with larger usable areas than many typical resort condominiums in Pattaya.

Facilities include a beachfront swimming pool, fitness center, garden area, lobby, passenger elevators, direct beach access, and common areas designed to maximize sea views. Security features include 24-hour security guards, CCTV, and key card access.

The property is managed by the condominium juristic person, which oversees common area maintenance and daily operations. The Cove Pattaya is suitable for buyers seeking a beachfront residence in Wongamat, one of Pattaya's more established residential zones. A nearby project of interest is Serenity Wongamat Condominium.

The Cove Pattaya in the Wongamat - Naklua beachfront pocket benefits from limited new supply, which helps 2026 resale prices stay relatively firm versus downtown Pattaya projects such as Centric Sea or The Base Central Pattaya, where rental competition is typically higher.

• Resale price per unit (2026): 1-bed 45-55 sq.m. averages THB 7.2-9.5M; 2-bed 90-120 sq.m. averages THB 14-22M.
• Average price per sq.m.: around THB 150,000-190,000 per sq.m. (prime high-floor sea-view units can exceed THB 200,000 per sq.m.).
• Average rent: 1-bed THB 35,000-45,000 per month; 2-bed THB 65,000-95,000 per month on 12-month leases.

Rental Yield example (2026): a 50 sq.m. unit bought at THB 8.5M and rented at THB 40,000 per month generates THB 480,000 per year. Yield = 480,000 - 8,500,000 = 5.65% per year (before common fees, taxes, and vacancy).

Capital gain view: As a higher-end beachfront asset, growth tends to be steady rather than explosive. A realistic expectation is 2-4% per year in normal market conditions, supported by true beachfront positioning and expat demand. Outperformance usually depends on securing a discounted entry price and selecting strong sea-view stacks.