3 Bedroom Condo for sale at Fourwings Residence

4.5 (1 Review)
Hua Mak, Bang Kapi,Bangkok
Unit ID: U154408
4% Rental Yield
฿9,975,000
3 Bedrooms
3 Bathrooms
133 SqM Size
17 Floor
Dec 2008 Completed

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 Fourwings Residence project in Hua Mak, Bangkok and was completed in Dec 2008. You can buy this condo for a base price of ฿9,975,000 (฿75,000/SqM) and it is also available for long term rentals starting from ฿34,500 per month.

Features

Garden AccessGarden Access Covered ParkingCovered Parking BalconyBalcony

Basic Information

Property Type Condo
Floor 17
Bedrooms 3
Size 133 SqM
Price per SqM ฿75,000
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Thai Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) City View
Unit Type N/A
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿4,655/mo
Listed By
Private Owner
Date Listed Feb 18, 2019
Last Updated 1 year ago
Unit ID U154408

Price Analysis

Fair Price
Estimated market value ฿9,687,331
Great
฿5,910,000
Good
Fair
Above
฿12,900,000
Current asking Price: ฿9,975,000 | Advertised rental rate: ฿34,500/mo
This condo is ฿287,669 ABOVE MARKET (3%) 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.
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Investment Opportunity: Charges & Yield

Sale Price
฿9,975,000
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
฿4,655/mo
Rent
฿34,500/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
24
Rental Yield
This is the gross rental yield. To calculate this figure we use the advertised monthly rent rate (for a 1-year contract) and the current sales price.
4%

Project Details

Project Name: Fourwings Residence
Developer: N/A
Construction: Completed (Dec 2008)
Floors: 26
Buildings: N/A
Units: 470
Project Area: N/A
Nearest Landmark Hua Mak ARL - 1.8 Km
Location: Bang Kapi, Bangkok
Fourwings Residence Project Details

Project Features

Communal Pool Communal Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Steam Room Steam Room
Reception / Lobby Area Reception / Lobby Area

Available Units at Fourwings Residence

For Sale 3 For Rent 2
Get notified when new homes are being added to Fourwings Residence

Loan Calculator

Frequently Asked Questions

No pets are allowed at 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 ฿35 per square meter based on the size of indoor area of the property and is ฿4,655 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.
Hua Mak ARL is the nearest Airport Rail Link Station from Fourwings Residence and it is 1.8 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.

 

Read more here

After you have found the right property at Fourwings Residence you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

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Reviews

4.5 out of 5 4.5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Beautiful condo on the main road
4.5 Suphakchaya K., Thailand, 2 years ago
I have never been disappointed in buying a 1 bedroom unit here. The room is very spacious and well organized. It is so beautiful. My neighbors are also lovely. The living environment is perfect. This place is peaceful, cozy, well located, and convenient to access. This condo also provides good quality facilities. It is always clean because the staff always take care of them. The common fee is reasonable because they do not add any extra for fitness and swimming pool maintenance costs if you do not use it. I personally think these are worthwhile for residents who do not require these facilities.
Bangkok
Hua Mak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby Fourwings Residence

Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Project Name
Location
Number of units
Sales Prices
Monthly Rentals
Year Built
Completion Status
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
470
Sales Prices
฿4.53M
Monthly Rentals
฿18.1K - ฿121K
Year Built
Dec 2007
Completion Status
Completed
Project Name
Fak Khao Pode
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
960
Sales Prices
฿2M - ฿3.63M
▼ -49.5% underpriced
Monthly Rentals
N/A
Year Built
Dec 2003
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
428
Sales Prices
฿1.81M
Monthly Rentals
N/A
Year Built
Jan 1996
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
867
Sales Prices
฿2.77M - ฿3.93M
▼ -43% underpriced
Monthly Rentals
฿8.56K - ฿17.1K
Year Built
Jan 2014
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
N/A
Sales Prices
฿1.01M
Monthly Rentals
N/A
Year Built
Jan 1998
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
256
Sales Prices
฿1.56M - ฿1.76M
Monthly Rentals
N/A
Year Built
Nov 2017
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
682
Sales Prices
฿6.75M
Monthly Rentals
฿7.55K - ฿13.6K
Year Built
Mar 2020
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
827
Sales Prices
฿2.17M
▼ -35% underpriced
Monthly Rentals
฿9.06K - ฿16.1K
Year Built
Dec 2007
Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
596
Sales Prices
฿2.77M - ฿11.8M
▼ -18.8% underpriced
Monthly Rentals
฿10.1K - ฿12.6K
Year Built
Dec 2009
Completion Status
Completed
Project Name
The Tree Hua-Mak
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
589
Sales Prices
฿2.96M - ฿5.9M
▼ -9.3% underpriced
Monthly Rentals
N/A
Year Built
Dec 2020
Completion Status
Completed
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