1 Bedroom Condo for sale at The Fourwings Residence

 (Write Review)
Hua Mak, Bang Kapi,Bangkok
Unit ID: U1963987
7% Rental Yield
1 Bedroom
1 Bathroom
71 SqM Size
19 Floor
Dec 2007 Completed

About This Condo

This property is a 71 SqM condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the project in Hua Mak, Bangkok and was completed in Dec 2007. You can buy this condo for a base price of £139,000 (£1,960/SqM) and it is also available for long term rentals starting from £810 per month.

1 Bedroom Condo for sale at The Fourwings Residence

This 5-star-hotel-standard 71 Sq.m. condo is fully furnished with wide living area, standing in the corner to offer the skyline view. Available for both sale and rent (for at least 1 year). The project is located in prime area in Hua Mak, Bangkok in the fine middle between urban area and Suvarnabhumi airport. 

Features

BalconyBalcony BathtubBathtub TVTV

Basic Information

Date Listed Nov 7, 2024
Updated 1 month ago
Property Type Condo
Floor 19
Bedroom 1
Size 71 SqM
Price per SqM £1,960
Pets Not Allowed
Condo Ownership

Foreign nationals can own condominium units as freehold owners in buildings where no 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 it is currently below 49%.

Foreign Quota, 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.
£33/mo
Listed By
Private Owner
Electricity Price N/A
Water Price N/A
Unit ID U1963987

Investment Opportunity: Charges & Yield

Sale Price
£139,000
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.
£33/mo
Rent
£810/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.
14
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.
7%

Project Details

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 Pool
Communal Gym Communal Gym
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking

Available Units at The Fourwings Residence

For Sale 9 For Rent 14
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 £0 per square meter based on the size of indoor area of the property and is £33 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 £7 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.

 

Read more here

After you have found the right property at The 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

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Bangkok
Hua Mak

Neighborhood Overview

Location and Neighborhood

Street View

Projects Nearby The Fourwings Residence

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Year Built
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Project Name
Location
Number of units
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Year Built
Completion Status
Location
Hua Mak, Bang Kapi, Bangkok
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813
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N/A
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Hua Mak, Bang Kapi, Bangkok
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Jan 1993
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£555 - £648
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£104K - £115K
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Year Built
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Location
Hua Mak, Bang Kapi, Bangkok
Number of units
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£23.1K
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Year Built
Jan 1998
Completion Status
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Project Name
Fak Khao Pode
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
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Sales Prices
£27.8K - £83.3K
▼ -50% underpriced
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Year Built
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Completion Status
Completed
Location
Hua Mak, Bang Kapi, Bangkok
Number of units
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Sales Prices
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▼ -45% underpriced
Monthly Rentals
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