New Nordic Club 3, Pratumnak: Full Condo Review
A compact, low-floor studio building in the Club series, with net sale prices from around ฿1.1M.
What it costs to buy here
Prices below are drawn from real sale and resale listings, not developer asking prices.
| Unit type | Area | Price (THB) | THB / sqm |
|---|---|---|---|
| Studio(Resale unit) | 28 m² | 1,100,000 | 39,286 |
New Nordic Club 3 rounds out the three-building Club series (Club 1 through Club 3) within the wider New Nordic development on Pratumnak Hill. Like its siblings, it keeps to a straightforward, studio-focused layout aimed at the accessible end of the New Nordic price range.
Who It Suits
Club 3 suits buyers and investors after the lowest entry price into the New Nordic ecosystem — much like Club 1 and Club 2 — where location and rental demand matter more than unit size or floor height.
Rental yield in Pratumnak
One of the more affordable entry points across the entire New Nordic complex — the appeal here is price, not scale.
Amenities on site
Shared pool and common areas
Low-rise, quieter setting
24/7 security
Pratumnak: the district and what's nearby
Pratumnak is the hillside district between central Pattaya and Jomtien — quieter than the centre, close to the sea, and one of the more established residential areas for foreign buyers.
The area, in short
- Quiet, hillside setting away from the busiest tourist strips
- Close to the sea — most buildings are a short walk from a beach entrance
- One of the more established expat and long-stay rental markets in Pattaya
- Good spread of restaurants, cafes and everyday amenities
- Central Pattaya and Walking Street are a short drive away when you want them
Worth knowing
- Hilly terrain — some buildings involve stairs or steep short walks
- Narrow sois and limited street parking in places
- Shopping malls and hypermarkets are a few kilometres away, not walkable
- Hot season (April–May) is noticeably warmer on south-facing slopes
Nearby landmarks
- Cosy Beach / Pratumnak beach access5–10 min walk (varies by building)
- Big Buddha Hill (Wat Phra Yai)10–15 min walk
- Pratumnak viewpoint5–10 min by car
- Walking Street10–15 min by car
- Central Pattaya / Central Festival mall10–15 min by car
- Bali Hai Pier (ferries to Koh Larn)10–15 min by car
- Apartwell — our real estate officeIn Pratumnak
- Golden Trip — tours & excursionsIn Pratumnak
Taxes and fees when buying in Thailand
Standard costs for any foreign buyer purchasing a condominium unit in Thailand — the same structure applies across Pratumnak.
| Transfer fee | 2% of registered price | Typically split or negotiated, buyer usually pays |
| Specific Business Tax | 3.3% of price (if seller owned < 5 years) | Seller (by law), often negotiated |
| Stamp duty | 0.5% of price (instead of SBT if exempt) | Seller |
| Withholding tax | 1% of appraised value (company) or progressive (individual) | Seller |
| Legal / due diligence fees | Typically 15,000–30,000 THB | Buyer |
Thailand does not tax foreign-sourced rental income remitted from abroad the same way it taxes Thai-sourced income — but rules changed in 2024 and depend on your personal tax residency. Get current advice from a Thai tax lawyer before relying on any specific figure.
How to buy as a foreigner
The purchase process is standard for Thailand and can largely be done remotely.
- Reserve the unitA reservation deposit (typically 50,000–100,000 THB) takes the unit off the market while due diligence and contracts are prepared.
- Due diligenceA lawyer verifies the title (Chanote), confirms the building's foreign-ownership quota has room, and checks for debts or liens on the unit.
- Sign the sale & purchase agreementPrice, payment schedule and transfer date are set in writing. Can be signed remotely and couriered if you're not in Thailand.
- Transfer funds from abroadForeign buyers must bring the purchase funds into Thailand in foreign currency and get a Foreign Exchange Transaction (FET) form from the receiving bank — required to register foreign ownership.
- Transfer at the Land OfficeBoth parties (or their representatives with power of attorney) complete the transfer and pay transfer fees/taxes at the local Land Department office.
How this compares to other buildings in the same family
| Building | Unit type | Area | Price (THB) | THB / sqm |
|---|---|---|---|---|
| New Nordic Club 3, Pratumnak: Full Condo Review← This building | Studio | 28 m² | 1,100,000 | 39,286 |
| New Nordic Club 1, Pratumnak: Full Condo Review | Studio | 29 m² | 1,200,000 | 41,379 |
| New Nordic Marcus 2, Pratumnak: Full Condo Review | 1 Bedroom | 50 m² | 1,800,000 | 36,000 |
| New Nordic Marcus 3, Pratumnak: Full Condo Review | Studio | 30 m² | 1,400,000 | 46,667 |
| New Nordic Suites 4, Pratumnak: Full Condo Review | 2 Bedrooms | 49 m² | 2,000,000 | 40,816 |
| New Nordic Suites 5, Pratumnak: Full Condo Review | 2 Bedrooms | 50 m² | 2,000,000 | 40,000 |
| New Nordic Suites 6, Pratumnak: Full Condo Review | Big Studio | 41 m² | 2,000,000 | 48,780 |
| New Nordic Trend 3 (Mango & Coconut), Pratumnak: Full Condo Review | Studio | 26 m² | 1,050,000 | 40,385 |
| New Nordic Trend 5, Pratumnak: Full Condo Review | 2 Bedrooms | 50 m² | 2,500,000 | 50,000 |
| New Nordic VIP 2, Pratumnak: Full Condo Review | Studio | 29 m² | 1,300,000 | 44,828 |
| New Nordic VIP 4, Pratumnak: Full Condo Review | Studio | 81 m² | 2,800,000 | 34,568 |
Frequently asked questions
What size are the units at New Nordic Club 3?
A second-floor studio runs 28 sqm, in line with the compact, entry-level layouts typical of the Club series.
How much does a studio cost at Club 3?
A net sale price of around ฿1.1M has been recorded — one of the more affordable options across the New Nordic complex.
Is Club 3 part of a larger development?
Yes — it's the third of three Club buildings (Club 1-3) within the wider New Nordic development on Pratumnak Hill.
Can a foreigner legally own a condo unit in Thailand?
Yes. Foreigners can hold freehold title to a condominium unit directly in their own name, as long as the building's foreign-ownership quota (capped at 49% of total saleable area) still has room. Your name is registered on the Chanote, the official title deed.
What is a Chanote?
A Chanote is Thailand's strongest form of land/unit title deed, issued and guaranteed by the Land Department. For a condo, each unit has its own Chanote — when you buy, the deed is re-issued in your name at the Land Office.
What is a Foreign Exchange Transaction (FET) form and why does it matter?
It's a form your Thai bank issues confirming that your purchase funds arrived from abroad in foreign currency. The Land Department requires it to register a unit as foreign-owned freehold — without it, the transfer can't be registered in your name.
Can I get a mortgage as a foreigner buying in Thailand?
Thai banks rarely lend to foreign buyers, and when they do it's usually at higher rates and shorter terms than domestic mortgages. Most foreign buyers pay in cash, though some developers or sellers offer instalment plans directly — worth asking about case by case.
Is my deposit safe during the purchase process?
It should be held by a licensed lawyer or in an escrow arrangement specified in the sale & purchase agreement, released to the seller only on completion. Always confirm in writing how and where your deposit is held before transferring anything.
How long does the whole purchase process take?
For a straightforward resale unit, typically 3-6 weeks from reservation to registered transfer, depending on how quickly documents and funds move. Off-plan or FEC-dependent purchases can take longer.
Can I complete the purchase entirely remotely, without visiting Thailand?
Yes, in most cases. Contracts can be signed and couriered, funds sent by international wire transfer, and a lawyer with power of attorney can attend the Land Office transfer on your behalf.
Do I need my own lawyer, or does the agency handle everything?
You should have independent legal representation — a lawyer who works for you, not the seller or the agency, to verify the title, check the ownership quota, and handle the transfer. Apartwell can recommend vetted lawyers, but the relationship and fee are directly between you and them.
Request unit availability and pricing
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