Aug 01, 2016

Buying Off Plan vs. Completed

Buying Off Plan vs. Completed

Clients often ask if it is better to buy a condo off plan or one that is completed.

When answering this question we first try to figure out what their needs are and why they are buying the condo in the first place.

Both options come with benefits and draw backs, and a lot will depend on the buyer’s risk preference and what they are buying the condo for.

If they are looking for a place to live right away obviously off plan is not for them, unless the development is just about finished and then they won’t be getting the lowest possible price.

If the buyer is not in a hurry to move in and looking for the best price then maybe off plan is the way to go.

Lets look at some of the benefits and drawbacks of buying off plan vs. completed.

Purchasing a condo off-plan has the benefits of being able to choose the best units. Usually by the time a building is completed the best available units will have already been sold. The early bird gets the worm, as the old saying goes and the early buyer gets the best units.

 

One good reason for buying off-plan is to generate a larger capital gain through the appreciation of the unit once the development is completed.

This is very attractive for property investors and speculators as the price can increase and provide an excellent return if they are able to sell the unit at the higher price after completion.

It is best to buy in to a new project as early as possible and take advantage of pre-launch prices. During this period the developer will still be in the process of obtaining building permits, confirming plans and getting their EIA (Environmental Impact Assessment).

Property developers want to start generating income through sales as early as possible, so they will offer buyers pre-launch incentives, usually in the form of large price discounts, guaranteed rental returns, finance options and more.

Another advantage of buying off-plan is that payments can be spread over the construction period. For condominiums this can be up to several years.

Buying off-plan can give buyers greater input into the design of their property; sometimes with buyers can purchase two adjoining units and create one larger unit. Buyers can also make decisions on décor, furnishings, bathrooms, kitchens and appliances at this early stage.

There are always risks involved when buying off plan though and we will briefly look at some of them below.

There is always a risk the project might be delayed or not complete at all, which is not a factor if the buyer is purchasing a completed property. Buying off-plan is not for the risk squeamish property buyer.

Unless the developer has a show unit or an earlier-completed development, buyers will be unsure of the quality they will get upon completion.

If a unit is completed the buyer can see, touch and feel the finished product so they know exactly what they are buying.

For property investors who are buying to generate income through rental returns, off-plan properties cannot start producing a rental income until completion. In the case of a condominium this could be two years or more. For this type of buyer, purchasing a completed property will be more suitable as it can start produce income immediately.

If you are thinking of buying a condo in the near future please stop by one of our offices and talk to one of our sales staff and let us help you decide which type of purchase will best suit your needs.

 

216/62 Moo 10 (Soi 13) Soi Diana
Nongprue Banglamung Chonburi
Pattaya City, 20150
Tel./Fax.+66/(0)38 421 580

     

     

519/163-164 Moo 6 Soi Siam Country Club
Nongprue Banglamung Chonburi
Pattaya City, 20150
Tel./Fax.+66/(0)38 190 925-6

 

 

 

 

+66 (0) 38-421-580 Office
+66 081-269-0742 Mobile
Kevin Mattson (Managing Director)-English

 

 

+66 086-571-4737 Mobile
Rujira Emkhla (Tarm)-Thai

 

You can also email us at info@coastalrealestatepattaya.com

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Market Insights: A Guide to Buy Pattaya Beach Condo Properties

Feb 24, 2026

In 2026, the market for Pattaya beach condos continues to strengthen, attracting attention from lifestyle buyers and investors. Beachfront condos in Pattaya remain a compelling proposition, in part due to:

  • Growing tourism

  • Infrastructure projects, such as the Eastern Economic Corridor

  • Steady foreign demand

Whether looking for a residence or a rental asset with strong long-term prospects, understanding current trends when deciding to buy a condo for sale helps you make an informed decision.

Market Data: Prices and Rental Yields

As of early 2026, average Pattaya property prices remain competitive compared with Thailand’s other coastal cities. Prices per square meter in central and beachfront locations typically range from ฿90,000 to ฿95,000 per sqm for standard units, with higher prices for premium sea-view developments. 

In practical terms, a Pattaya beach condo for sale in a well-located building might list anywhere from around ฿6 million for (smaller units) to ฿20 million+ (larger, luxury apartments with sea views), depending on:

  • Size

  • Floor level

  • Amenities

Gross rental yields for condos in Pattaya typically range from 5% to 7%, with variations depending on size and location, for example: 

  • Smaller condos (high-demand areas) tend to deliver stronger yields

  • Luxury penthouses generate lower percentages but attract premium rents

Critical Factors for Selecting Pattaya Beach Condos

Choosing the right Pattaya beach condo for sale goes beyond price. Several key factors include:

Location and View

Certain factors influence and boost both lifestyle value and rental demand, including:

  • Sea views

  • Proximity to beaches

  • Dining

  • Transport hubs

Developer Track Record

Established developers with reliable delivery and quality build standards help:

  • Reduce risk

  • Attract better tenants

Features and Amenities

Facilities that enhance daily living and appeal to buyers include:

  • Swimming pools

  • Fitness centers

  • Security services

  • Secure parking

Layout and Functionality

The small touches matter when people buy a condo in Pattaya, including:

  • Well-designed floor plans

  • Adequate storage

  • Quality finishes

Investors should also consider the current market’s supply profile. While new launches have increased inventory, motivated sellers and heavily-negotiated resale prices offer tempting buying opportunities, especially for slightly older units.

Prime Locations for Pattaya Beach Condos: Beach Road vs. The Rest

Several areas in Pattaya have their own demand profiles and cater to different buyer priorities. Aligning your choice with your intended use is critical:

Beach Road/Central Pattaya: 

  • Walkable beach access

  • Restaurants

  • Nightlife

  • Shopping

  • A favorite for short-term rentals

Wong Amat Beach: 

  • Luxury towers

  • Panoramic ocean views

  • Appeals to buyers seeking high-end beachfront living

Jomtien Beach:

  • Quieter than central Pattaya

  • Relaxed beach vibe

  • Jomtien beach condos for sale attract strong interest from long-stay tenants and holiday renters alike

Na Jomtien & East Pattaya: 

  • Slightly more affordable options

  • Quick access to the coast

  • Suited for buyers prioritizing value over ultra-prime positioning

Conclusion

For buyers considering a beachfront condo for sale in Pattaya, the 2026 market offers an enticing blend of: 

With average prices below those of major Thai coastal rivals and rental yields that support investment goals, many buyers find Pattaya a natural choice for both personal use and income-focused property strategies.

If you’re in the market for a condo for sale at Pattaya Beach, you’ve come to the right place. Whether you’re interested in sea view condos for sale in Pattaya or a Jomtien beach condominium for sale, please reach out to the expert team at Coastal Real Estate, and we’ll assist every step of the way.

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Pattaya Property Investment Mistakes to Avoid

Oct 13, 2025

One of the most common mistakes investors make is purchasing a property without fully understanding the area. Pattaya has diverse neighborhoods, each with different lifestyles, growth potential, and demand. For example, central Pattaya offers vibrant nightlife and immediate access to the beach, while East Pattaya provides more space, value, and family-friendly communities. Conduct thorough research on the location to ensure it aligns with your investment goals.

1. Not Researching the Location

One of the most common mistakes investors make is purchasing a property without fully understanding the area. Pattaya has diverse neighborhoods, each with different lifestyles, growth potential, and demand. For example, central Pattaya offers vibrant nightlife and immediate access to the beach, while East Pattaya provides more space, value, and family-friendly communities. Conduct thorough research on the location to ensure it aligns with your investment goals.

2. Overlooking Legal and Ownership Considerations

Thailand’s property laws can be complex, especially for foreign buyers. Condominiums for sale are generally easier for foreigners to own, but land and houses for sale may involve leaseholds or other restrictions. Skipping legal advice or failing to verify ownership titles can result in costly mistakes. Always work with reputable legal experts and licensed real estate agents to ensure your investment is secure.

3. Ignoring Market Trends

Pattaya’s property market is dynamic, and prices can fluctuate depending on tourism trends, infrastructure projects, and economic factors. Investors who ignore market trends may overpay or choose properties with low rental demand. Keep up-to-date with local developments, such as the Eastern Economic Corridor (EEC) projects or new transport links, which can significantly impact property values.

4. Focusing Solely on Price

While affordability is important, buying a property solely because it’s cheap can lead to disappointment. Low-priced properties may come with hidden costs, poor construction quality, or less desirable locations. Consider factors like potential rental income, maintenance costs, and resale value before making a decision.

5. Neglecting Rental and Management Planning

For investors planning to rent out their property, neglecting rental strategy and property management is a common mistake. Properties that are well-maintained, properly marketed, and professionally managed tend to attract higher-quality tenants and generate better returns. Consider partnering with trusted property management companies to maximize your rental income.

6. Emotional Buying

Some investors let emotions drive their purchase decisions, choosing a property because they “love it” rather than based on investment potential. While personal preference is important if you plan to live in the property, separating emotional attachment from financial analysis is crucial when buying purely for investment purposes.

Conclusion

Investing in Pattaya real estate can be highly rewarding, but avoiding common pitfalls is key to success. By researching locations, understanding legal requirements, tracking market trends, evaluating value beyond price, planning for rentals, and making objective decisions, investors can enjoy strong returns and a smooth property ownership experience. Careful planning and informed decision-making are the best tools for long-term success in Pattaya’s property market.

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East Pattaya – Space, Value, and Lifestyle Beyond the City Center

Sep 18, 2025

While central Pattaya is known for its vibrant nightlife, bustling streets, and premium beachfront properties, East Pattaya offers a completely different experience. With more space, better value, and a balanced lifestyle, this area is attracting families, retirees, and investors looking for comfort without the congestion of the city center.

More Space for Living and Leisure

One of the most appealing aspects of East Pattaya is the generous space available. Properties here often come with larger plots of land, bigger gardens, and wider roads compared to central Pattaya. Whether you’re looking for a standalone villa with a pool or a traditional home in a gated community, East Pattaya provides room to breathe, relax, and enjoy a sense of privacy. Many buyers are exploring houses for sale in East Pattaya that offer both space and comfort.

Exceptional Value for Money

East Pattaya is well-known for offering great value for money. Buyers can find larger homes and land plots at prices significantly lower than equivalent properties in central Pattaya or along the prime beachfront. This affordability makes East Pattaya ideal for families, long-term residents, and investors seeking strong rental yields or future capital appreciation. For those not ready to buy, there are numerous houses for rent in East Pattaya providing convenient and comfortable living options.

A Lifestyle of Convenience and Comfort

Despite being outside the city center, East Pattaya is well-connected and offers a high standard of living. The area has easy access to international schools, shopping centers, hospitals, and leisure facilities such as golf courses and fitness clubs. Local markets, restaurants, and cafes provide everyday convenience, while nearby beaches like Bang Saray offer peaceful escapes for weekends or holidays. Investors and developers also see potential here, making land for sale in East Pattaya a sought-after option for future projects.

Emerging Communities and Investment Opportunities

East Pattaya is increasingly popular with developers and investors. New gated communities and boutique villas are being built to cater to growing demand. The area is also attractive for expatriates and long-term residents due to its quieter environment, ample space, and proximity to Bangkok and Suvarnabhumi Airport via the motorway.

A Balanced Alternative to Central Pattaya

For those who want the benefits of living near Pattaya without the hustle and bustle, East Pattaya is the perfect alternative. It combines tranquility, affordability, and convenience, making it a smart choice for homeowners and investors alike. With plenty of land, spacious homes, and a growing community, East Pattaya represents a lifestyle that balances city access with suburban comfort.

Conclusion

East Pattaya is more than just an area outside the city center—it’s a destination for those seeking space, value, and a high quality of life. From family-friendly neighborhoods to modern villas, the area offers a variety of options to suit both homeowners and investors.