31.76 m² Studio at The Peak Towers, Building A — Sea View
A 31.76 m² studio is for sale on the 28th floor in Building A of The Peak Towers condominium, Pratumnak / Cozy Beach area, Pattaya. The unit is held under Foreign Quota, allowing a foreign buyer to register the property as freehold. The windows offer sea views. The transfer fee is paid by the buyer. Price — THB 3,000,000.
Location
The Peak Towers is located on Kasetsin 9, Nong Prue, in the prestigious Pratumnak Hill area, next to Cozy Beach. This is a quiet and green part of Pattaya, yet Walking Street and the city center are about a 5-minute drive down the hill. Nearby are the popular restaurants The Chocolate Factory and Sky Gallery. Jomtien Beach and Central Festival Pattaya are about 3 km away.
About the Property
A 31.76 m² studio on the 28th floor. The layout includes a living and sleeping area, a kitchen space, a bathroom, and a balcony. The high floor provides natural light and sea views. The format suits personal living, vacation use, or rental. The complex was completed in February 2016.
In the Complex
The Peak Towers consists of two high-rise buildings (A and B) with 474 units, developed by Vistas Development Co., Ltd. Building A has 30 floors. Amenities include a rooftop infinity pool in Building A, a pool on the 2nd floor, a children's pool in Building B, a gym, a sauna, 24-hour security with CCTV, and parking. Pets are not allowed without special permission. The ratio of parking spaces to units is 25%.
Price and Costs
Price — THB 3,000,000.
Price per square meter — THB 94,458.
For a Foreign Quota purchase, the registration fee (transfer fee) is 2% of the Land Department's appraised value. Under the terms of this property, the transfer fee is paid by the buyer (the source states: "transfer fee paid by the buyer"). For foreign buyers, the 0.01% rate does not apply — it applies only to Thai citizens purchasing housing up to THB 7 million between July 1, 2026, and June 30, 2027. Thus, the buyer pays the full 2% of the appraised value.
Legal fees — to be confirmed.
The final transaction amount is calculated individually and communicated before signing the contract.
Annual expenses:
Common area maintenance (CAM) fee — THB 45 per m² per month. For a 31.76 m² studio, this is THB 1,429 per month, or THB 17,150 per year. CAM payments are usually made in advance for 1–3 years at handover.
One-time sinking fund contribution at purchase — THB 500 per m², totaling THB 15,880.
Property tax:
The tax rate depends on the use of the property:
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0.02% — if the condo is used for personal living (without renting it out).
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0.3% — if the condo is rented out, regardless of the form of ownership (freehold or leasehold).
For properties valued up to THB 50 million, the rates are progressive: 0.02% for personal living, 0.3% for commercial use. Foreign owners pay tax at the same rates as Thai citizens.
Ownership and Transaction Format
Ownership type — freehold under Foreign Quota, provided that the total foreign-owned area in the complex does not exceed 49%. To register a Foreign Quota, funds must be transferred from abroad in foreign currency, and the bank must issue a FET (Foreign Exchange Transaction Form). Without a FET, the Land Department will refuse registration. Before paying a deposit, written confirmation of the Foreign Quota availability for the specific unit must be requested from the management company.
Transaction steps: quota verification, transfer of funds with FET issuance, signing the purchase agreement, registration at the Land Department (Bang Lamung Land Office). Online viewings and remote closing via power of attorney are possible. Support languages — Thai, English, Russian (upon request).
If You're Considering It as an Investment
The Peak Towers is located in the prestigious Pratumnak area, which is in demand among both expats and tourists. Studios in the complex are rented out under both long-term and short-term agreements. Comparable studios at The Peak Towers are listed for sale from THB 2,050,000 to THB 2,850,000. Rental income is subject to progressive income tax in Thailand (5–35%) with a standard 30% deduction. The source does not contain data on stated yields.
The seller does not market the property for residency or investment visa programs.
Best For
— Those looking for a studio with sea views in the prestigious Pratumnak / Cozy Beach area.
— Buyers who want to register property under Foreign Quota without setting up a company.
— Investors considering a purchase in a complex with a rooftop pool and fitness center.
May Not Be Suitable
— If you plan to live with pets — they are not allowed in the complex without special permission.
— If your budget does not account for the full 2% transfer fee (paid by the buyer) and the one-time sinking fund contribution (THB 15,880).
— If you prefer a high floor with panoramic views — the studio is on the 28th floor, but the sea view may be partial depending on the side.
— If a beachfront location is critical for you — Cozy Beach is about 500 meters away.
— If you prefer a new complex — the building was completed in 2016.
What to Know Before the Transaction
The complex was built in 2016 — it is worth requesting a report on the condition of common areas, elevators, and the sinking fund. The condo is offered under Foreign Quota; however, it is necessary to confirm that the 49% limit in the complex has not been exhausted at the time of registration. To register a Foreign Quota, transferring funds from abroad and obtaining a FET form is mandatory. During high season, the Pratumnak area is in demand and parking may be occupied (ratio of spaces to units — 25%). Transfer costs are entirely on the buyer — clarify the exact amount of 2% of the Land Department's appraised value before signing the contract.
How to View and Buy
Let us know when you plan to travel and what budget you have in mind. A Discount House manager will confirm whether the unit is still available, send a full breakdown of transaction costs, and suggest alternatives in the same area. Viewing in person or by video. Response within 30 minutes.