• Profitable pension with versatile usage possibilities in the beautiful Rhine Valley (1)
  • Profitable pension with versatile usage possibilities in the beautiful Rhine Valley (2)
1 / 2
Rooms
12
Floor space
460 m2
Selling price
CHF 1,490,000.–
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"Profitable pension with versatile usage possibilities in the beautiful Rhine Valley"

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The advertiser has not provided the exact address.

Address

9463 Oberriet SG

Price

Purchase price:
CHF 1,490,000.–
Notify on price drop

Main information

Availability:
By agreement
Type:
House
No. of rooms:
12
Number of bathrooms:
4
Number of floors:
4
Floor space:
460 m2
Land area:
356 m2
Last refurbishment:
2017
Year built:
1920

Characteristics

  • Balcony / Terrace

  • Washing machine

  • Mountain view

  • Parking space

Documents (0)

Description

Profitable pension with development potential in a dream location in the Rhine Valley

The former 4-story single-family house was comprehensively converted into a modern pension in 2017 and presents itself today as an attractive rental property with versatile usage potential.

The property comprises a total of 12 apartments. Of these, 9 are fully furnished living units, each consisting of a room with an open kitchenette and its own bathroom. The tastefully furnished units offer comfortable living and are ideal for short- or long-term rental. The other 3 apartments are in need of renovation.

A central staircase connects the four floors and underlines the clear and functional structure of the building. On the ground floor, there are ancillary rooms, a laundry room, a technical room, and access to the inner courtyard. The first and second upper floors each have five separate living units. On the top floor, there is a spacious 30m2 communal rooftop terrace with a wonderful view of the Rhine Valley and the Alps, which creates additional living quality and increases the attractiveness of the property for residents and guests.

The offer is complemented by a spacious laundry room and five private parking spaces directly at the property.

Particularly noteworthy are the attractive development reserves: Both on the ground floor and in the entire top floor, there are additional development opportunities - ideal for further apartments, studios, or the realization of a spacious community area.

The sales price includes the complete furnishings and equipment, so the property can be continued immediately or repositioned.

Thanks to the existing structure, the flexible usage possibilities, and the high development potential, this exceptional property offers a rare investment opportunity on the Swiss market. The property offers several starting points for sustainable value enhancement, from optimizing the existing rental structure to expanding the usage concept to creating additional living and community spaces.

Highlights:

  • Former 4-story single-family house
  • 2017 comprehensively renovated and converted into a pension
  • 9 fully furnished living units each with a kitchenette and its own bathroom, 3 further apartments are in need of renovation
  • 30m2 large communal rooftop terrace with a view of the Rhine Valley and the Alps
  • Spacious communal laundry room
  • 5 private parking spaces
  • Additional development reserves on the ground and top floors, e.g., further apartments and commercial space
  • Sale including furniture and equipment
  • Versatile usage possibilities

This is a rare investment opportunity with high potential and versatile usage possibilities on the Swiss real estate market. This property offers an attractive combination of ongoing income, high development potential, and stable demand due to its proximity to the border.

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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

Swiss Residence Group AG
Swiss Residence Group AG
Baarerstrasse 133
6300Zug
Listing ID
4003250963
Object ref.
6bf73609-6af5-11f1-871a-069ae14c7a06
Swiss Residence Group AG
Advertiser
Swiss Residence Group AG

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