Located just a few minutes from the city center of Sierre, this apartment benefits from an ideal location with immediate proximity to shops, schools, public transport, and the CFF train station. It is suitable for both a primary residence and a rental investment.
This 4.5-room apartment of approximately 100 m² of living space is located on the 2nd floor of a PPE of 12 apartments built in 1972. Bright and spacious, it requires interior renovation work, offering the possibility of arranging it according to your tastes.
The apartment includes a large living room, a partially closed kitchen, three bedrooms of beautiful dimensions, a private bathroom with dressing room for the main bedroom, a shower room, and a guest toilet.
An 11 m² balcony oriented southwest allows you to enjoy excellent sunshine throughout the day.
The PPE plans to renovate the roof and facades in the spring of 2027 to bring the building up to current standards. Part of the costs will be financed by the renovation fund, and the balance will be subject to a call for funds. The estimated participation for this apartment is approximately CHF 30,000.-, payable in two installments (end of 2026 and spring 2027). The current owner remains open to discussion regarding this participation.
Heating is provided by a gas installation with radiators. A private cellar completes this property. No parking space is assigned, but several possibilities for renting are available nearby, notably at the Beaulieu parking lot.
Currently rented for CHF 1,400.- per month, including charges, the apartment generates an annual rental income of CHF 16,800.-, which corresponds to a gross return of approximately 3.7%.
Are you interested in this property? Do not hesitate to contact us!