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Riviera Palm Wongamat

Beachside Towers in Pattaya's Premier Coastal Quarter

from $198,873(฿7,060,000)from $4,972/m²
Pattaya, Thailand
CondominiumPre-sale220 total units160 available units

Key Facts

TypeCondominium
CompletionPre-sale —
Total Units220
Available Units160
Area40 – 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

1 Bedroom40
$198,873(฿7,060,000)$531,817(฿18,879,500)
113 available units
2 Bedrooms61
$345,141(฿12,252,500)$766,732(฿27,219,000)
42 available units
3 Bedrooms104
$912,563(฿32,396,000)$2,204,859(฿78,272,500)
5 available units

Investment Analysis

40%100%
0%20%
Monthly Net Income

$1,596

Annual Net Income

$19,150

Gross Rental Yield

12.4%

Net Rental Yield

9.6%

Value in 5 Years

$266,137

Total 5-Year ROI

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

Kids Zone
Jacuzzi Pool
Fitness Center
Garden
Lobby Area
Lounge
Swimming Pool
Kids Pool
Playground

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

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