The Elegance @ Cosy Beach

The Elegance is an exclusive low-rise condominium development by AML Developments Co., Ltd., located on Katsatsin Soi 11 in Pratumnak, Bang Lamung, Chonburi. Completed in July 2015, this sophisticated project features a single seven-story building with 68 elegant units, offering privacy and community living. The Elegance provides various unit types, including studios, 1, 2, and 3 bedroom condos, many with unobstructed sea views. Residents enjoy premium facilities such as an infinity-edge swimming pool, a fully equipped gym, a tennis court, 24-hour concierge and security services, and dedicated conventional parking with a 20% parking ratio. The building is served by two passenger lifts and one service lift. Pets are not permitted, and there are no electric vehicle charging stations. The common area fee is ฿35/sqm, and the sinking fund is ฿500/sqm.

Location & Surrounding Amenities

Set within the prestigious Pratumnak area, The Elegance is just a 10-minute stroll from the pristine beaches of Pattaya, ideal for those who want to embrace the coastal lifestyle.

The condominium is situated close to a variety of international and local restaurants, charming cafés, vibrant bars, and shopping venues, all within walking distance. This makes it a perfect blend of peaceful residential setting with quick access to city conveniences.

For families or residents valuing access to education and healthcare, the location does not disappoint. Nearby prestigious schools include:

Regents International School Pattaya
St. Andrews International School

catering to the expatriate community as well as locals. Medical needs are well supported by proximity to:

Bangkok Hospital Pattaya, a leading medical facility renowned for excellent healthcare services
Pattaya International Hospital, ensuring peace of mind for all residents.

Building Facilities and Features

Key Card
Fitness Center
Parking
Golf Course Nearby

Close To The Beach
Shared Tennis Courts
Air Conditioning

Investment Opportunity & Market Analysis

The Elegance offers a compelling investment opportunity in the Bang Lamung condominium market. The average price per square meter here is around ฿48,800 (USD 2,538 / AUD 3,782 / GBP 2,057 / CNY 18,048), slightly below the Bang Lamung median of USD 2,537/sqm, making it competitively priced in a rising market. Over the past year, the average condo prices in Bang Lamung have increased by +17.1% with a 2.7% rise so far this year, underlying strong and consistent market growth.

Specifically, The Elegance pricing is approximately 15% below the current average sale price for the district, offering excellent value to buyers looking for immediate equity potential. Rental yields remain attractive despite a current rental price trend slightly below the district average; past-year rental rates at The Elegance have increased by 14.7%, demonstrating healthy demand and income potential for investors.

Financial Highlights:

Average sale price: From ฿1,957,000 (USD 58,870) up to ฿16,000,000 (approx. USD 480,021)
Average rent: From USD 754 (฿25,060) to USD 1,479 per month
Common area management fee: ฿35 per sqm
Sinking fund: ฿500 per sqm
Average selling time in Bang Lamung: Approximately 982 days, noting that properties here initially sold for up to 40% below listing price, highlighting negotiation space and potential for acquiring prime units at a discount.

Flexible Payment Plans

The Elegance offers convenient payment schemes to suit varied buyer needs:

Two-Quarter (TQ) Plan:
- Reservation Deposit: ฿50,000 immediately
- 1st Installment: 30% upon contract signing
- 2nd Installment: 70% on handover
Four-Quarter (FQ) Plan:
- Reservation Deposit: ฿50,000 immediately
- 1st Installment: 50% upon contract signing
- 2nd Installment: 50% on handover

This flexibility allows buyers both local and international to comfortably plan their acquisition without financial strain.

Why Invest in The Elegance?

Prime Location: Nestled in the peaceful yet vibrant Pratumnak area with excellent beach access and urban amenities nearby.
Strong Market Growth: Capture value in a rising market with +17.1% price growth in the last year across Bang Lamung.
Stable Rental Demand: Ongoing growth in rental rates coupled with international schools and hospitals nearby means solid tenant demand.
Well-Equipped Facilities: Full range of lifestyle amenities attractive to renters and long-term residents alike.
Competitive Pricing: With prices approximately 15% below average district rates, investors can secure units with immediate capital appreciation potential.

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