• Limited opportunity! Residential rental building (1)
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Living space
471 m2
Selling price
CHF 4,400,000.–
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"Limited opportunity! Residential rental building"

Find the right mortgage for your new home

The advertiser has not provided the exact address.

Address

1820 Montreux

Price

Purchase price:
CHF 4,400,000.–
Notify on price drop

Main information

Availability:
By agreement
Type:
Multi-family house
Surface living:
471 m2
Last refurbishment:
2014
Year built:
1910

Characteristics

  • Refurbished

Documents (1)

Description

Residential building fully rented with a view of Lake Geneva

Dominating the Vaudois Riviera in a calm and particularly sought-after environment, this character building benefits from a spectacular view of Lake Geneva and the Alps, while offering a rare rental quality on the market.

Loaded with history, the property consists of two harmoniously united buildings: the western part dates back to 1640 and the wing was built in 1910. The whole has undergone a complete and particularly careful renovation between 2013 and 2014, allowing to preserve all the original architectural charm while integrating current comfort standards.

The building comprises 11 apartments, from studio to 3.5 rooms, all fully rented. The 100% occupancy rate illustrates the strong attractiveness and rental stability of the asset.

The accommodations benefit from a true cachet: warm volumes, authentic atmosphere, charm of old stones and privileged living environment. Each apartment has its private cellar and tenants also benefit from a modern communal laundry room.

The general condition of the building is excellent and does not require any major investment in the short term, thus offering a serene operation.

Only point to note: the absence of a lift, compensated by the authentic charm and overall quality of the property.

Key indicators
? 11 apartments from studio to 3.5 rooms
? Rentable area: 471 m²
? Occupancy rate: 100%
? Annual rental income: CHF 176'220.- excluding charges
? Annual rental income: CHF 198'660.- including charges
? Last complete renovation: 2013-2014
? General condition: Excellent

A rare opportunity currently offered as part of an ongoing marketing process.

Given the interest already shown in this asset, interested investors are invited to position themselves quickly.

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Purchase price
Household income

Annual gross income of all persons applying for the mortgage (including 13th month salary or bonus payment).

The mortgage is affordable if the living costs do not exceed one third (33%) of your income.

Equity capital

You must finance at least 20% of the property value with your own funds. This includes savings, advance inheritance, gifts, all retirement assets (3a, 3b) and pension fund assets. You may withdraw a maximum of 10% of the purchase price from the pension fund.

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Advertiser

Maillard Immobilier SA
Maillard Immobilier SA
Av. de Rhodanie 46b
1007Lausanne
Listing ID
4003152014
Object ref.
be5f3188-4d1f-11f1-8fa4-069ae14c7a06

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