• Palazzina da riattare a Mendrisio in zona strategica - Interessante op (1)
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1 / 2
Rooms
14
Living space
500 m2
Selling price
CHF 1,100,000.–
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"Townhouse to renovate in Mendrisio in strategic area - Interesting opportunity"

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The advertiser has not provided the exact address.

Address

6825 Mendrisio

Price

Purchase price:
CHF 1,100,000.–
Notify on price drop

Main information

Availability:
By agreement
Type:
Multi-family house
No. of rooms:
14
Surface living:
500 m2

Documents (0)

Description

The property, located in Mendrisio in a green area but at the same time close to the station, represents an interesting opportunity both for an investor looking for a real estate enhancement project and for those who want to build a quality residential building in a strategic position.

In its current state, there are three apartments, with a building permit that has become final to build four apartments.

Economic data
Price required in the current state: CHF 1'100'000
Price required after completion of renovation: CHF 2'200'000
Annual return after completion of renovation: around 4% guaranteed for 2 years.
Residential units: 4 apartments with 3.5 rooms.
External parking spaces: 8, equivalent to 2 per apartment.
The renovation work allows to transform the current building into a modern and attractive residential product, with the possibility of obtaining a very good overall annual return and a significant increase in the value of the property.

An interesting proposal in a strategic area of Mendrisio, characterized by a significant potential for enhancement and a configuration already particularly suitable for renting.

Further information and plans on request

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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

Zenit Real Estate SaglGold Partner
Zenit Real Estate Sagl
Via S. Balestra, 12
6900Lugano
Listing ID
4003418967
Object ref.
V001332
Zenit Real Estate Sagl
Zenit Real Estate Sagl
Gold Partner

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