Investment building in the heart of the Valais Chablais composed of 16 condominiums (8 x 3.5 rooms and 8 x 4.5 rooms) fully rented as well as 19 outdoor parking spaces. The building has been owned by the same owner since construction. It is in very good overall condition with regular maintenance and monitoring by professionals in the area.
The following work has been carried out over the past 15 years:
Net rental income: CHF 203,160 per annum (yield 4.20%)
The owner of the property wanted to provide the people of the region with attractive rents that have just been adjusted upwards. (full rental status on request)
The medium/long-term rental outlook is around CHF 250,000 net (5% yield), adjusting rents for future tenant departures. Demand is high in this area. No advertising has ever been required to replace an outgoing tenant.
The following work has been carried out over the past 15 years:
- Insulation under the roof
- Changing the windows of the entire building
- Replacement of all kitchens
- Renovation of 14 bathrooms
- Changing the floors of the apartments
- Full list of work in the file
Net rental income: CHF 203,160 per annum (yield 4.20%)
The owner of the property wanted to provide the people of the region with attractive rents that have just been adjusted upwards. (full rental status on request)
The medium/long-term rental outlook is around CHF 250,000 net (5% yield), adjusting rents for future tenant departures. Demand is high in this area. No advertising has ever been required to replace an outgoing tenant.