• Real Estate Investment - 11.5% Return on Cash (1)
  • Real Estate Investment - 11.5% Return on Cash (2)
  • Real Estate Investment - 11.5% Return on Cash (3)
  • Real Estate Investment - 11.5% Return on Cash (4)
  • Real Estate Investment - 11.5% Return on Cash (5)
  • Real Estate Investment - 11.5% Return on Cash (6)
  • Real Estate Investment - 11.5% Return on Cash (7)
  • Real Estate Investment - 11.5% Return on Cash (8)
  • Real Estate Investment - 11.5% Return on Cash (9)
  • Real Estate Investment - 11.5% Return on Cash (10)
  • Real Estate Investment - 11.5% Return on Cash (11)
  • Real Estate Investment - 11.5% Return on Cash (12)
  • Real Estate Investment - 11.5% Return on Cash (13)
1 / 13
Rooms
19
Living space
464 m2
Selling price
CHF 2,600,000.–
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"Real Estate Investment - 11.5% Return on Cash"

Find the right mortgage for your new home

Address

Contrada Cavallier Pellanda 3, 6710 Biasca

Travel time

New
  • 13 min.Station: Biasca

Surrounding information

Source of this data

The data displayed is provided by one of our third-party suppliers.

Please note that the locations displayed may not be up to date and there may be some deviations.

  • Supermarket

    3 min.Migrolino
  • Pharmacy

    < 1 min.Piazzetta Cav. Pellanda
  • Public Transport

    2 min.Biasca

Times refer to the route on foot.

Price

Purchase price:
CHF 2,600,000.–
Notify on price drop

Main information

Availability:
By agreement
Type:
Multi-family house
No. of rooms:
19
Surface living:
464 m2
Year built:
2020

Characteristics

  • Balcony / Terrace

Documents (0)

Description

We offer a real estate investment with a return of over eleven percent on the investment of one's own capital.

Biasca: A rental building in the town center is for sale, currently fully rented with a full return.

Characteristics:

The building was completely renovated in 2020, with only the external walls remaining. It has the following characteristics:

4 apartments with 2.5 rooms each of 50 m²;
2 duplex apartments with 3.5 rooms each of 80 m²;
2 commercial premises with private bathroom each of 50 m²;
6 private cellars for each apartment;
Laundry and storage room of 25 m²;

Technical Details:

Modern construction;
First-class materials: porcelain, parquet, modern finishes;
Equipped kitchens;
Floor heating powered by heat pump;
The building is developed on 4 floors above ground plus a semi-basement;
Rectangular land of 116 m²;

Financial Details:

Existing mortgage of 1'920'000 CHF with a fixed interest rate of 1.2% until 2028;

All apartments are rented with interesting contracts, also long-term;

Annual net income after expenses and interest: 77'500 CHF, which is equivalent to 11.5% of the invested cash (680'000 CHF);

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Purchase price
Household income

Annual gross income of all persons applying for the mortgage (including 13th month salary or bonus payment).

The mortgage is affordable if the living costs do not exceed one third (33%) of your income.

Equity capital

You must finance at least 20% of the property value with your own funds. This includes savings, advance inheritance, gifts, all retirement assets (3a, 3b) and pension fund assets. You may withdraw a maximum of 10% of the purchase price from the pension fund.

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Advertiser

3B Real Estate Sagl
3B Real Estate Sagl
Piazzetta San Carlo, 2
6900Lugano
Listing ID
4001637878
Object ref.
V000013

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