Chiasso center: prestigious historic villa renovated with 3 rental apartments
Interesting real estate investment opportunity:In Chiasso center, in a quiet and strategic location, we propose for sale a prestigious historic villa entirely renovated, transformed into an elegant multi-family residence for rent consisting of three 4.5-room apartments.This historic villa with authentic charm and timeless elegance is located in Via Fontana da Sagno 4, near schools and the M.A.X. museum, a few steps from the city center (Corso San Gottardo) and the Chiasso train station (10 minutes on foot), with the Italian border easily accessible in a few minutes. In the immediate vicinity are schools, supermarkets, banks, health services, restaurants, and all major urban infrastructure, as well as highway accesses that guarantee rapid connections to Lugano, Como, and Milan. A context that perfectly combines tranquility, comfort, and quality of life.Originally built in 1933, this villa was the subject of a complete and accurate renovation in 2013/2014, which preserved the architectural value and elegance of the original facades, reinterpreting the interior spaces in a contemporary style, characterized by high-end finishes and modern, comfortable living solutions. The important renovation gave life to a prestigious multi-family residence developed on four levels (of which 3 above ground) and composed of three exclusive 4.5-room units (two of which are currently rented) of approximately 100 square meters each, characterized by the same internal distribution and identical surfaces (the unit located on the top floor is further enhanced by high ceilings that provide more brightness).The distribution of spaces is as follows: • Semi-basement (P-1): large cellar, storage, laundry, and technical rooms, perfectly organized. • First, second, and third floor: each apartment consists of a large, bright living area, enriched by an elegant, continuous resin flooring and a modern open-plan kitchen with direct access to the balcony. The sleeping area includes two spacious double bedrooms, one with an en-suite bathroom with shower, a single room, and a second bathroom with a bathtub. Outside, the property is completed by a carefully maintained, ornamental green area with decorative shrubs, as well as a large, open space with 6 convenient, uncovered parking spaces (2 per apartment), ensuring practicality and functionality.Currently, 2 out of 3 units are rented, guaranteeing an effective annual income from net rents of CHF 40,200. If the free unit (if it is not used for the buyer's own needs) is rented, the property generates an annual net rent income of approximately CHF 61,000, corresponding to an interesting return of 4.4%. An investment solution that combines the charm of a prestigious historic villa with an interesting potential return, potentially also suitable for a PPP project (Public-Private Partnership) for resale (given the very competitive price per square meter).Location: The town with about 8,000 inhabitants has become an important commercial hub (customs) and a significant financial and economic center due to its strategic border location, thanks to the numerous companies in the tertiary sector present in the area (banks, law firms, and trust companies, insurance, etc.). Milan (50 km) and Lugano (27 km) are easily and quickly accessible by both train and car.