📍 Nirun Condo, Central Pattaya
💰 Price: 950,000 THB
📐 Size: 26 sq.m.
🏢 Building C1 | 3rd Floor
📄 Thai Ownership Only (Foreign quota full)
This Nirun Condo unit is a low-entry rental investment in Central Pattaya: a 26 sq.m. room on the 3rd floor of Building C1, priced at 950,000 THB, with rental income of approx. 7,000 THB per month. It is in the Thai ownership quota only, so it suits Thai buyers or buyers already able to purchase in Thai name.
💼 Investment Highlights
- 💸 Rental income approx. 7,000 THB/month
- 📊 Affordable entry price with steady rental demand
- 🏙 Located in high-demand Central Pattaya area
- 👍 Suitable for both long-term rental or personal use
Pattaya remains a strong rental market due to tourism and expat demand, supporting consistent occupancy and returns
📍 Prime Location – Close to Everything
- 🛍 Central Pattaya shopping malls
- 🛒 Big C Extra Pattaya
- 🛍 Harbor Pattaya
- 🏖 Pattaya Beach
Central locations like this are especially attractive to tenants due to convenience and lifestyle access
⚠️ Honest Investment Insight (Important)
- Typical rental yields in Pattaya are often around 5–7% annually depending on price and occupancy (market-dependent)
- High supply of condos means good pricing is key to profitability
- Best strategy: buy cheap, rent steady, hold long-term
💡 Quick ROI Example
- Purchase: 950,000 THB
- Rent: 7,000 THB/month = 84,000 THB/year
👉 ~8.8% gross yield (before costs)
The 8.8% figure is a gross yield: rent divided by the purchase price, before any costs. It assumes the unit is rented for all 12 months at approx. 7,000 THB.
What Reduces the Return on a Nirun Condo Unit
Your net return will be lower than the gross figure. Before you buy, budget for these costs:
- Common-area fee: paid monthly to the building. Our other listing in the same project (a 26 sq.m. unit in Building B1) shows a common fee of 300 THB per month; confirm the figure for this unit before you buy.
- Empty months: any month between tenants earns nothing, so a realistic plan allows for some vacancy.
- Transfer costs: Land Department fees and taxes at transfer, shared as agreed between buyer and seller.
- Repairs and furnishing: keeping the room in rentable condition over time.
Our Pattaya rental yields guide explains how gross and net yields differ across the city.
Thai Ownership Only: What It Means
The foreign quota in this building is full, so this unit can only be registered in a Thai name. A foreign buyer cannot take freehold ownership of it in their own name. If you are a foreigner, read our guide to the foreigner quota for condos in Pattaya and the comparison of Thai company vs foreign quota, and take advice from a qualified Thai lawyer before choosing any structure.
Building and Area
Our listing for this project describes building facilities including a swimming pool, lift, on-site parking and a 24-hour security guard. Nearby are Big C Extra, Foodland and the Central Pattaya shopping malls, with Pattaya Beach about a 10-minute trip away and easy access to Sukhumvit Road and local baht buses.
For more on the district, see our Central Pattaya condos guide or read about Pattaya as a city.
Frequently Asked Questions
Can a foreigner buy this Nirun Condo unit?
Not in their own name. The foreign quota is full, so the unit is sold for Thai ownership only.
What is the gross rental yield?
About 8.8% before costs: 7,000 THB x 12 months = 84,000 THB a year, divided by the 950,000 THB price.
Is the unit still available?
Availability changes, so please message us for today’s position before planning a viewing.
Are there other condos under 1 million baht?
Yes. See our guide to Pattaya property under 1 million baht, all Pattaya property for sale, or our direct listings.
Contact Dynasty Real Estate: WhatsApp +66 98 403 9318, LINE 0984039318, WeChat Dynastyrealestate.
