3 Bedroom Condo for sale at The Fourwings Residence

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Hua Mak, Bang Kapi,Bangkok

Unit ID: U154408

4% Rental Yield

Tenant-Occupied until Apr 1, 2025

3 Bedrooms

3 Bathrooms

133 SqM Size

17 Floor

Dec 2007 Completed

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Sale Price

฿11,900,000

About This Condo

This property is a 133 SqM condo with 3 bedrooms and 3 bathrooms that is available for sale. It is part of the The Fourwings Residence project in Hua Mak, Bangkok and was completed in Dec 2007. You can buy this condo for a base price of ฿11,900,000 (฿89,474/SqM) and it is also available for long term rentals starting from ฿43,500 per month.

Sensational Living at Fourwings Residence in Hua Mak

Discover this modern condo in the exclusive Fourwings Residence project in Hua Mak, Bangkok, located just 29km from the city center's shopping, entertainment, and business districts. Ready to move in, this 133 SqM. condo offers 3 bedrooms, 3 bathrooms and was completed in December 2008.Enjoy premium living with a variety of luxurious amenities, including a picturesque communal garden, big pool, full fitness area, 24-hour security, and basement carpark. For greater convenience, the building is located in close proximity to the Expressway, hospitals, schools, and shopping centers.Take advantage of a great buying opportunity, as this condo is available for sale for ฿11,500,000 (฿75,000/SqM). It is also available for long term rental from ฿43,500 per month.Experience luxury property ownership in Hua Mak with this modern condo. Get in touch today and make it yours!

Features

Garden Access

Covered Parking

Balcony

Basic Information

Date Listed Oct 9, 2019

Updated 9 months ago

Property Type Condo

Floor 17

Bedrooms 3

Size 133 SqM

Price per SqM ฿89,474

Pets Not Allowed

Condo Ownership

Thai Quota

Furniture

Fully Furnished

View(s) City View

Unit Type N/A

Building N/A

CAM Fee

฿2,660/mo

Listed By

Private Owner

Electricity Price N/A

Water Price N/A

Unit ID U154408

Price Analysis

Above Average

Estimated market value ฿9,344,687

Great

Good

Fair

Above

Current asking Price: ฿11,900,000 | Advertised rental rate: ฿43,500/mo

This condo is ฿2,555,313 ABOVE MARKET (27%) in the Bangkok area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.

Investment Opportunity: Charges & Yield

Sale Price

฿11,900,000

CAM Fee

฿2,660/mo

Rent

฿43,500/mo

Price-to-Rent Ratio

Rental Yield

Project Details

Project Name: The Fourwings Residence

Developer: N/A

Construction: Completed (Dec 2007)

Floors: 26

Buildings: N/A

Units: 470

Project Area: N/A

Nearest Landmark The Mall Bangkapi - 1.4 Km

Location: Hua Mak, Bangkok

The Fourwings Residence Project Details

Project Features

Communal Pool

Communal Gym

24H Security

CCTV (Video Surveillance)

Car Parking

Available Units at The Fourwings Residence

For Sale 6 For Rent 11

All
1 Bed
2 Beds
3 Beds

Thai Quota Fully Furnished Pool View

Thai Quota Fully Furnished City View

Foreign Quota Unfurnished City View

Thai Quota Fully Furnished Unblocked Open View

Thai Quota Fully Furnished City View

Get notified when new homes are being added to The Fourwings Residence

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Frequently Asked Questions

No pets are allowed at The Fourwings Residence unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.

The common area maintenance fee is ฿20 per square meter based on the size of indoor area of the property and is ฿2,660 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.

For new projects, the buyer pays a one-off lump sum upon transfer of the property from the developer to the buyer. This fund is to be used for major renovations and replacement of equipment when necessary, to ensure the maintenance of the building and the common area. At The Fourwings Residence the required payment for the sinking fund is ฿300 per square meter based on the size of the indoor area of the property.

The Mall Bangkapi is the nearest Shopping Mall from The Fourwings Residence and it is 1.4 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name. The ownership titles of these 49 units is referred to as Freehold or Foreign Quota.

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.