We are in Losone, the small and bright building is located in a strategic point, a few steps from the lake and primary services as well as supermarkets, shops and main roads. This position makes it attractive to a market of young people, elderly people for the 2.5 room sizes and for families for the 3.5 and 4.5 room sizes.:
– 4 apartments of 4.5 rooms;
– 3 apartments of 3.5 rooms;
– 3 apartments of 2.5 rooms;
– 1 storage room that could become another apartment;
– 13 parking spaces;
POSSIBILITY OF PURCHASE AS A SECONDARY RESIDENCE!
Commercial area: 902.40 sq m.
Net annual income: CHF 117,000.00
Sale price: CHF 2,800,000.00
Current profitability: 4.18%. Potential Income: 7% (if renovated with net proceeds of chf 195,600 per year);
Let’s consider that the current rental fees are to be increased by 20 to 30% as they are old and for example there is a 4.5 room apartment at chf 850 per month and a 2.5 room apartment at chf 385 per month. Furthermore, 4 apartments have already been renovated.
Asking price excluding external parking spaces = chf 2,800,000 – chf 260,000 = chf 2,540,000;
Chf 2,540,000 / 902.40 sq. m. commercial = 2,815.34 CHF/SQM.
