• Unmissable income opportunity - Large house to renovate. (1)
  • Unmissable income opportunity - Large house to renovate. (2)
  • Unmissable income opportunity - Large house to renovate. (3)
  • Unmissable income opportunity - Large house to renovate. (4)
1 / 4
Selling price
CHF 390,000.–

"Unmissable income opportunity - Large house to renovate."

Find the right mortgage for your new home

The advertiser has not provided the exact address.

Address

6852 Genestrerio

Price

Purchase price:
CHF 390,000.–

Main information

Availability:
By agreement
Type:
Single house
Number of floors:
3

Characteristics

  • Cable TV

  • Parking space

Documents (1)

Description

In Mendrisio, more precisely in its beautiful Genestrerio neighborhood, which offers countless paths both on foot and by bicycle along the Laveggio river and in the Prella woods, giving wonderful natural panoramas, we propose a large rental house for sale.
The property is located right in the square of the historic town center, in a position of great charm.
The building, of period construction, is currently in a rough state and from the existing building it is possible to obtain from three to six apartments for a particularly profitable real estate operation.
According to estimates and taking into particular consideration the very convenient initial request, proceeding with a real estate operation could not only yield a decent margin in case of resale but could also make it possible to exploit the obtained properties both as vacation homes to rent for short periods, taking advantage of the suggestiveness of the place, and as traditional rental, generating an excellent monthly cash flow.
An external parking space belonging to the property, a true rarity for core solutions, completes this interesting offer.
AN EXCELLENT INVESTMENT OPPORTUNITY!!

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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

Il Piacere di Accontentarvi...
Casa Lugano Immobiliare SA
Il Piacere di Accontentarvi...
Via Cantonale 1
6900Lugano
Listing ID
4003224050
Object ref.
s1349

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