EXCELLENT INCOME OPPORTUNITY IN EXCLUSIVE AREA
In a quiet and sunny location, near the many services offered by the Besso neighborhood, Moncucco hospital, Conservatory, and Lugano station, a rental building with 11 bright apartments of different sizes, 5 garages, 2 covered outdoor parking spaces, and 3 uncovered parking spaces, excellent investment opportunity due to the strategic location and great potential.The building, which develops on 5 levels above ground plus 1 basement level dedicated to cellars, laundry, and technical rooms, is located in a buildable area R5 with a utilization index of 1 and an occupation index of 35%, but also R7 with a utilization index of 1.6 and an occupation index of 40%, which would allow for further expansion.The apartments, each equipped with a balcony, have been modernized over the years, particularly with regard to the systems, kitchens, and bathrooms, and are distributed as follows:- Ground floor: 1 studio apartment- First floor: 1 apartment with 3.5 rooms and 1 apartment with 2.5 rooms- Second floor: 1 studio apartment and 2 apartments with 2.5 rooms- Third floor: 1 apartment with 3.5 rooms and 1 apartment with 2.5 rooms- Fourth floor: 1 apartment with 3.5 rooms and 1 apartment with 2.5 rooms- Fifth floor: 1 apartment with 3.5 rooms and a large terraceThe building is in a decent state of general maintenance, thanks to the many renovation works carried out, including the partial renovation of the roof and the review of the fuel tank in 2010, the painting of the common areas and the installation of a new burner in 2015, the review of the pipes in 2021, and the replacement of the intercoms in 2024.The building represents a solid investment, with a constant return over time and in line with current market dynamics.It is a particularly interesting opportunity also for ambitious investors who wish to fully enhance its potential through a global renovation, exploiting the strong and constant demand for high-quality properties in one of the most requested and strategic areas of Lugano.Our experts are ready to assist you with professionalism and dedication, offering you personalized consulting; contact us to organize a non-binding visit and discover this extraordinary opportunity in person. For more residential and commercial solutions, please visit our portal: immoglobalswiss.ch