New Price: Income-Generating Property (7.1% Yield)
Selling Price: CHF 690,000.– (CHF 310,000.– less!)Appraised 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 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 structure, the spacious interiors, and the spectacular open views make this property a true gem for investment.The property, with approximately 360 m² of usable floor space, is divided into 4 independent apartments, which are currently free and ready to be occupied or rented out 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, southwest-facing balcony, 2 large bedrooms, bathroom, and laundry room. • 3rd Floor (Attic): Apartment with kitchen, living room, storage room, large bedroom with covered southwest-facing panoramic 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 by an asphalted municipal road with public parking spaces nearby. SOBRIO: THE "MUSIC VILLAGE" AND ITS CHARMSobrio is not just 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 conservatory students, music lovers, and world-famous 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 & 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.–, compared to a certified appraised 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 significant intrinsic capital from the signing of the deed, laying the foundation for even greater future appreciation.ENERGY UPGRADE ALREADY PLANNEDThe building is currently equipped with electric heating. To facilitate the transition to state-of-the-art systems, we have already prepared and attached to the documentation complete estimates (approx. CHF 124,000 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 further increase the value of the property beyond 1.2 million francs. The substantial initial margin allows for these interventions to be carried out 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 a significant package of technical interventions completed in 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 has been revised with reinforcements, new skylights, and replacement of tiles. The facades have been renovated (including a new wood cladding on the north facade) and the first-floor terrace has 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, has been installed. • Windows and Safety: All windows (windows and shutters) are new, ensuring better thermal insulation. The entrance doors to the apartments have been replaced with fire-resistant wooden doors (EI30). • Additional Areas and Cellars: The cellars have been renovated, equipped with natural ventilation and new doors. A new external lighting system has also been installed and new internal and external floors have been laid. • Technology and Connectivity: The property is already fully cabled with a new telephone system and a 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 furnishings, 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 receive the complete information package including appraisal and energy estimates, contact the advisor responsible for the property:The new price is valid only until the end of June.ARBËR KQIKU+41 76 343 24 93arber.k@ljama-immobiliare.ch
