New Price: Rentable Property (7.1% Yield)
Sales Price: CHF 690'000.– (CHF 310'000.– less!)Market Value: CHF 1'000'000.–Potential Rental Income: CHF 49'000.– / yearReturn on Equity (at 30%): 23.7%Gross Yield: 7.1%Floors: 4Apartment: 4THE OBJECT IN BRIEFIn the picturesque mountain village of Sobrio (Faido municipality), at an altitude of 1,120 meters, we offer a unique property for sale. It is a historic multi-family house (typical Leventina chalet from the 17th century) in excellent condition.The charm of the historic wooden and stone structure, the spacious interiors, and the breathtaking view make this property a true gem for investors.The property, with approximately 360 m² of living space, is divided into 4 independent apartments, which are currently vacant and can be occupied or rented immediately: • Ground Floor (89 m²): 3.5 rooms with separate entrance, kitchen with fireplace, living room, 2 large bedrooms, bathroom, 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 laundry room. • 2nd Floor (85 m²): 3.5 rooms with kitchen, living room with fireplace, south-west facing balcony, 2 large bedrooms, bathroom, and laundry room. • 3rd Floor (Attic): Apartment with kitchen, living room, storage room, large bedroom with covered 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 is typical for historic town centers, there are no private parking spaces, but access is guaranteed via an asphalted municipal road with public parking spaces nearby. SOBRIO: THE "MUSIC VILLAGE" AND ITS CHARMSobrio is not only an oasis of peace in unspoiled nature. It is internationally known as the "Music Village". Every year, from spring to autumn, the village comes alive with the Sobrio Festival, a prestigious event for classical music.The activities revolve around the Gustav Mahler House and the historic San Lorenzo Church, which host concerts, masterclasses, and international competitions that attract students from conservatories, music lovers, and world-class artists.This cultural uniqueness, combined with the strategic location on the famous "High Road" for hiking, generates strong demand for accommodations. The property is therefore ideally suited not only for traditional rental but also as a bed and breakfast, holiday home, or refuge for musicians and digital nomads, ensuring an important cash flow in an exclusive environment.INVESTMENT AND VALUEIn a competitive real estate market, the numbers speak for themselves. The property is offered for only CHF 690'000.–, with a certified market value of CHF 1'000'000.– for the property in its current state. This immediate discount of CHF 310'000 guarantees the investor the acquisition of a significant inner value from the signing of the purchase contract, laying the foundation for even greater value appreciation in the future.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 comprehensive cost estimates (approximately CHF 124'000 in total) for the installation of a modern heat pump and a photovoltaic system.Since the estimated value of 1 million francs reflects the current situation (without energy improvements), the implementation of these measures will increase the value of the property beyond 1.2 million francs. The significant initial margin allows for the implementation of these measures with full peace of mind and also benefits from cantonal incentives (FER) to drastically reduce future energy costs and maximize the return on investment.TECHNICAL CONDITION AND MAINTENANCE: MAXIMUM SOLIDITYThe property has benefited from constant maintenance, 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 for the main components: • Cladding and Structure: The roof was renovated, with reinforcements, new skylights, and replacement of the roof tiles. The facades were renovated (including new wooden cladding on the north facade) and the first-floor terrace received a new supporting structure. • Hydraulic Systems: A new sanitary system with external pipes, new boilers, and a new heat distribution system, already prepared in all apartments for the transition to the heat pump, was installed. • Windows and Security: All windows (windows and shutters) are new, ensuring better thermal insulation. The entrance doors to the apartments were replaced with fire-resistant wooden doors (EI30). • Additional Areas and Cellars: The cellars were renovated, with natural ventilation and new doors. A new external lighting system was also installed and new indoor and outdoor floors were laid. • Technology and Connectivity: The property is already fully wired with a new telephone connection and a professional Wi-Fi system, extending to the entire house, a fundamental asset for renting to digital nomads or tourists. • Functionality of Interiors: The apartments have complete kitchens and already included furniture, ready for immediate rental. Although some rooms have retained 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 near future. Do not miss this unique opportunity. To arrange a visit or receive the complete information package, including evaluation and energy cost estimates, contact the responsible advisor for the property:The new price is only valid until the end of June.ARBËR KQIKU+41 76 343 24 93arber.k@ljama-immobiliare.ch
