Rental Income Property in Sobrio (6.2% Yield)
Selling price: CHF 785,000.Instead of 1,000,000.Potential rental income: CHF 49,000.– / year (Gross yield: 6.2%)THE PROPERTY IN BRIEFIn the picturesque mountain village of Sobrio (Faido municipality), at an altitude of 1,120 m, we offer a unique property for sale. It is a historic multi-family house (typical Leventina chalet dating back to before 1700), which boasts an exceptional state of maintenance.The charm of the historic wooden and stone shell, the spacious interiors, and the spectacular open views make this property a true investment gem.The property, with approximately 360 m² of usable surface area, is divided into 4 independent apartments, which are currently free and ready for immediate occupancy: • Ground floor (89 m²): 3.5 rooms with separate entrance, kitchen with fireplace, living room, 2 large bedrooms, bathroom, private laundry room, and south-facing terrace (18 m²). • 1st floor (72 m²): 3.5 rooms with kitchen, living room with fireplace, south-facing balcony, 2 large bedrooms, bathroom, and private laundry room. • 2nd floor (85 m²): 3.5 rooms with kitchen, living room with fireplace, south-west facing balcony, 2 large bedrooms, bathroom, and private laundry room. • 3rd floor (Attic): Apartment with kitchen, living room, storage room, large bedroom with covered panoramic south-west facing terrace, and bathroom. • Additional features: Two large, separate cellars (dry) and an original wine cellar, a plot of land for the ground floor terrace. As typical for historic village centers, there are no private parking spaces, but access is guaranteed via an asphalted municipal road with public parking spaces in the immediate vicinity. SOBRIO: THE "MUSIC VILLAGE" AND ITS CHARMSobrio is not only an oasis of tranquility immersed in unspoiled nature. It is internationally renowned as the "Music Village". Every year, from spring to autumn, the village comes alive thanks to the Sobrio Festival, a prestigious event dedicated to classical music.Activities revolve around the Gustav Mahler House and the historic Church of San Lorenzo, hosting concerts, masterclasses, and international competitions that attract music conservatory students, music lovers, and world-renowned artists.This cultural uniqueness, combined with the strategic location on the renowned "High Road" for hiking, generates a strong demand for accommodations. The property lends itself exceptionally well not only for traditional rental but also as a bed-and-breakfast, vacation home, or refuge for musicians and digital nomads, ensuring an important cash flow in an exclusive context.INVESTMENT AND VALUEIn a competitive real estate market, the numbers speak for themselves. The property is offered for CHF 785,000.–, with a certified appraisal of CHF 1,000,000.– for the property in its current state. This "gap" of CHF 215,000 guarantees the investor the acquisition of a significant intrinsic value from the moment of signing the deed, laying the foundation for an even greater future appreciation.ENERGY UPGRADE ALREADY PLANNEDThe building is currently equipped with electric heating. To facilitate the transition to modern systems, we have already prepared and attached to the documentation complete estimates (approximately CHF 124,000 in total) for the installation of a modern heat pump and photovoltaic system.Since the estimated value of 1 million francs reflects the current situation (without energy improvements), the execution of these works will increase the value of the property beyond 1.2 million francs. The substantial initial margin allows for the implementation of these measures with complete serenity, also benefiting from cantonal incentives (FER) to drastically reduce future energy costs and maximize the final return on investment.TECHNICAL CONDITION AND MAINTENANCE: MAXIMUM SOLIDITYThe property has benefited from constant care over time, with an important package of technical interventions completed between 2022. These works guarantee the investor a structurally sound and technically up-to-date building, minimizing the risk of unforeseen expenses on the main components: • Envelope and Structure: The roof was revised with reinforcements, new skylights, and replacement of tiles. The facades were renovated (including a new wooden cladding on the north facade) and the first-floor terrace received a new supporting structure. • Hydraulic Systems: A new sanitary installation system with external pipes, new boilers, and a new heat distribution system already prepared in all apartments to facilitate the transition to the heat pump was installed. • Windows and Safety: All windows (windows and shutters) are new, ensuring better thermal insulation. The entrance doors to the apartments were replaced with certified, fire-resistant wooden doors (EI30). • Additional Areas and Cellars: The cellars were renovated, equipped with natural ventilation and new doors. A new external lighting system was also installed and new internal and external floors were created. • Technology and Connectivity: The property is already fully cabled with a new telephone system and professional Wi-Fi system extended to the entire house, a fundamental asset for renting to digital nomads or tourists. • Functional Interiors: The apartments have complete kitchens and included furniture, ready for immediate rental. Although some rooms maintain a more traditional style, the solidity of the structural interventions (floors, systems, and roofs) allows for the management of the property without the need for heavy renovations in the short term. Do not miss this unique opportunity. To schedule a visit or to receive the complete information package including the appraisal and energy estimates, contact the advisor responsible for the property:ARBËR KQIKU+41 76 343 24 93arber.k@ljama-immobiliare.ch
