An apartment in the prestigious Arom Wongamat condominium, located on the first sea line in the northern part of Pattaya, Thailand, is offered for sale. This is a boutique residence from the Thai developer Colours Development Co., Ltd, representing an elite residential complex with luxury-class infrastructure. The property is a new building with planned commissioning in 2025. The apartment is sold with full furniture, allowing you to immediately start living or renting it out. The condominium is located on the last free plot on the coast in the Wongamat area, which guarantees the preservation of the sea view and the absence of development in front of the complex.
Apartment Characteristics
The apartment with a total area of 56 square meters is located on the 10th floor of a 54-story building and has a sea view. The distance to the water is only 50 meters, which provides direct access to the beach area. The apartment includes one bedroom and one bathroom. A feature of the property is high ceilings that visually increase the space. The apartment has a balcony, air conditioning, kitchen furniture and appliances. The housing is provided with internet access and cable television. The complex has an elevator, underground parking, a guarded area with 24-hour security and a video surveillance system.
Location: Country, City, District
Thailand is one of the most popular tourist destinations in the world with developed infrastructure and high quality of life. Pattaya is the largest resort city on the eastern coast of the Gulf of Thailand, attracting millions of tourists and expats annually. The Wongamat area is considered the most prestigious and wealthy in Pattaya, with elite real estate, five-star hotels and respectable residences concentrated here. In the immediate vicinity of the condominium are famous restaurants Glass House, Surf&Turf Beach Club & Restaurant, and the Pullman Pattaya Hotel. The area is distinguished by a calm atmosphere, clean beaches and developed infrastructure. The nearest U-Tapao International Airport is 40 minutes away, Suvarnabhumi Airport in Bangkok is an hour and a half away. Within walking distance are shops, spas, tennis courts and golf clubs.
Investment Attractiveness of the Property
This apartment is of significant interest to investors for several reasons. Firstly, the location on the last free coastline in the Wongamat area guarantees the preservation of the sea view and the high status of the property. Secondly, the infrastructure of the complex, including a panoramic pool on the second floor with access to the beach, a 35-meter Infinity View Sky Pool on the 53rd floor, Sky Jacuzzi and Aqua Fitness on the 54th floor, a restaurant and bar on the 55th floor, creates a competitive advantage over other properties. The projected rental yield is 7-9% per annum, which is a high indicator for the premium real estate segment. One-bedroom apartments of 56 square meters are most in demand among tourists and expats seeking comfortable housing by the sea. Given the shortage of free land on the first line in Wongamat and the constant growth of tourist flow to Pattaya, this property has high potential for capitalization growth in the long term. Buying an apartment in Thailand also opens up opportunities for obtaining a long-term visa and legal stay in the country.