• OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (1)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (2)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (3)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (4)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (5)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (6)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (7)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (8)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (9)
  • OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO (10)
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Living space
470 m2
Selling price
CHF 740,000.–
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"OPPORTUNITY - HOUSE WITH 6 RESIDENTIAL UNITS IN THE HEART OF NOVAGGIO"

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The advertiser has not provided the exact address.

Address

6986 Novaggio

Price

Purchase price:
CHF 740,000.–
Notify on price drop

Main information

Availability:
By agreement
Type:
Multi-family house
Surface living:
470 m2
Floor space:
470 m2
Year built:
1900

Characteristics

  • Pets allowed

Documents (0)

Description

In the historic center of Novaggio, a charming and picturesque town in the Malcantone, in a strategic and well-served location, we offer a historic period house on four levels for a total of about 470 square meters, composed of 4 apartments plus 2 studio apartments and accessory rooms and garden, rich in potential and history, ideal for those looking for a property to enhance.

Located in a strategic position and close to all services, public transport, schools, and just a few minutes' drive from Lugano and the Italian border of Ponte Tresa.

This house in the town center, with a view of the main square of the village, partially renovated, presents a unique solution both for investment with already active rental income and for the creation of a multi-family residence or a combination of housing and commercial activity.

The building consists of:
GROUND FLOOR: commercial space of about 30 square meters, with street frontage: perfect for a small business, office, or showroom. (Currently rented for CHF 200 per month + expenses), condominium garden of about 70/80 square meters with accessory room. Portico and inner courtyard, from here you can reach the two cellars of 30 square meters, each ideal for storage, wine cellar, or laboratories, from here you can gain 4 cellars of 15 square meters each.
Technical room and laundry room, well-organized and functional.

Through a characteristic staircase in Ticino granite, you access the upper floors:
ON THE FIRST FLOOR, we have a 4-room apartment with a habitable kitchen (about 80 square meters) in good condition, currently rented for CHF 800 per month (+ expenses), with guaranteed income.
Studio apartment to be renovated of about 30 square meters, perfect for residential use, office, or to be integrated into the adjacent apartment.

SECOND FLOOR: 2.5-room apartment (60 square meters) in good condition, already rented (CHF 600 per month + expenses);
3-room apartment with a habitable kitchen and bathroom with a bathtub (70 square meters) currently in a raw state: according to the plans, it can be united with the last floor to create an elegant duplex.

THIRD FLOOR: 2.5-room apartment completely renovated (65 square meters), occupied by the owner.
Further 3 rooms + bathroom to be renovated, offering the possibility of expanding the existing attic or creating a second, independent apartment with a separate entrance.

The supporting structure presents itself as solid, typical of Ticino houses in the town center, but the residential units and common areas need further investments to be brought up to current living standards.
Heating is by oil and distributed through radiators.
In some units, there are wooden windows with double glazing, while in the parts to be renovated, the windows require complete renewal.
Two fireplaces are already present, with the possibility of installing others, partially updated systems.

The property does not have private parking spaces, but a large communal parking lot is available 2 minutes' walk away, which can be used through a communal subscription.

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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

Stabile Amadeus 1
METROPOLIS MPV Real Estate Sagl
Stabile Amadeus 1
Via Cantonale, 43
6928Manno
Listing ID
4003243711
Object ref.
OCCASIONE - CASA DI 6 UNITÀ ABITATIVE NEL NUCLEO DI NOVAGGIO.RP-7501
METROPOLIS MPV Real Estate Sagl
Advertiser
METROPOLIS MPV Real Estate Sagl

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