Riviera Palm Wongamat
Beachside Towers in Pattaya's Premier Coastal Quarter
Key Facts
| Type | Condominium |
| Completion | Pre-sale — |
| Total Units | 220 |
| Available Units | 160 |
| Area | 40 – 239 m² |
| Price Range | $198,873 – $2,204,859 |
| Price per m² | $4,972/m² |
Description
Wongamat has long been Pattaya's most coveted address — quieter than the central strip, yet close enough to everything that matters. Riviera Palm Wongamat sits on Soi 16 in this sought-after coastal enclave, where the beach is reachable on foot and North Pattaya Road is just minutes away by car. For European investors looking to buy a condo in Pattaya, the location alone makes a compelling case: a residential-grade neighbourhood with genuine beachside access is exactly the profile that commands premium rental rates and sustained occupancy.
The development rises across two high-rise towers, each with rooftop terraces designed for sunset viewing — a detail that photographs exceptionally well and translates directly into short-term rental appeal. At ground level, the resort atmosphere continues with a landscaped garden, a jacuzzi pool, a dedicated children's zone with its own pool and playground, and a lounge area that rivals the common spaces you'd find in a four-star European apart-hotel. The gym is properly equipped, not the token two-treadmill afterthought common in lesser projects. Varsovia Estate's team has inspected the site and reviewed the developer's track record: Riviera Group carries a portfolio of award-recognised projects in the Pattaya market, which meaningfully reduces execution risk for off-plan buyers.
Residences range from compact 40 sqm one-bedroom apartments — ideally sized for the short-let market — through to generous 239 sqm configurations that appeal to families relocating from Europe or high-net-worth buyers seeking a private holiday residence. Pricing opens at 7,060,000 THB for a one-bedroom unit, with two-bedroom layouts from 12,252,500 THB and three-bedroom residences from 32,396,000 THB. At 176,500 THB per square metre, the entry price sits at a level that still offers meaningful upside as Pattaya's infrastructure investment — including the Eastern Economic Corridor — continues to attract international capital.
For anyone considering overseas property investment in Thailand, Wongamat consistently outperforms central Pattaya on both gross rental yield and capital appreciation over five-year holding periods. The combination of a walkable beach, a family-oriented amenity package, and a developer with proven delivery credentials makes Riviera Palm Wongamat one of the more straightforward investment propositions currently available in the Thai condo market. With 160 units still available from a total of 220, selective choice of floor and aspect remains possible — an advantage that diminishes quickly as projects of this quality approach sellout.
Available Units
Investment Analysis
$1,596
$19,150
12.4%
9.6%
$266,137
82%
Our calculations are based on a conservative scenario - long-term annual rental contract, which provides stable and predictable income with occupancy rates of 88-95%. Short-term rental (daily/weekly via Airbnb, Booking) can generate 30-60% higher income during peak season, but involves higher risks: seasonal occupancy fluctuations (55-75% average), higher management costs, and furniture/turnover expenses. Rental rates are based on Thailand (average) market averages for 2024-2025. All calculations are estimates. Actual returns may vary. This is not financial advice.
Amenities
Location
Similar Properties
Price Range
from $198,873(฿7,060,000)
$4,972/m²
Type
Condominium
Area
40–239 m²
Completion
Available Units
160/220
