The Waters Edge condominium in Na Jomtien was built over 12 years ago and today is a completed project on the secondary real estate market. Located directly on the beachfront, it remains an attractive option for buyers seeking affordable seaside living, but requires careful due diligence before purchase.
The project indeed has 8 floors and 35 units: 7 studios (from 30 m²), 20 one-bedrooms (40–55 m²), 6 two-bedrooms (70–90 m²), and 2 penthouses (130–165 m²). All units have sea views and were originally sold fully furnished with kitchens, AC units, built-in wardrobes, and bathrooms.
Current Condition (2025)
Given the building is over 12 years old, key considerations include:
- Technical state: potential wear of electrical, plumbing, and elevator systems;
- Sinking Fund: check balance and contribution schedule;
- Juristic Person (HOA) management: service quality, cleanliness, concierge;
- Facilities: pool, gym, parking — functional but outdated.
No ESG certification, solar panels, or smart home tech — this is a previous-generation project.
Resale Prices (2025)
According to FazWaz and DDproperty, prices vary:
- Studio (30–35 m²): 2.8 – 3.5 million THB;
- One-bedroom (40–55 m²): 3.8 – 5.2 million THB;
- Two-bedroom (70–90 m²): 6.5 – 8.0 million THB;
- Penthouse (130–165 m²): 10.5 – 14.0 million THB.
Prices are lower than new builds, but require renovation budget (50,000 – 300,000 THB).
Who Buys in Waters Edge Today?
Demand structure:
- Investors: rental yield up to 5–6%;
- Russians & CIS: 18% — seasonal base;
- Thais from provinces: 32% — coastal residence;
- LTR residents: 12% — prefer newer projects.
Pros & Cons
✅ Pros:
- Direct beach access to Na Jomtien;
- Lower price vs. new developments;
- Good rental demand, especially in high season;
- Gated community, security, pool.
❌ Cons:
- No modern tech or ESG standards;
- Potential road noise;
- Limited parking;
- Less appeal to international buyers.
Outlook 2025–2030
Expected:
- Stable demand from local investors and Thais;
- Possible major refurbishment via HOA fund;
- Potential integration with LTR programs if upgraded;
- Maintaining status as affordable beachfront housing in Jomtien.
"Waters Edge isn’t luxury of the future — it’s affordability of the present," said FazWaz analyst Anuchit Chaiyavong. "It suits those who value the sea, not smart tech."
Looking for a condo in Jomtien? My Thai Home helps you inspect the building, calculate rental ROI, and choose a reliable project. Your purchase should be informed.
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