Description
We offer Real Estate Investment with a return of over eleven percent on the contribution of your capital.
Biasca: For sale income-generating building in the town center currently fully rented with full yield.
Characteristic:
Newly renovated in 2020 with the complete renovation of the interior of the building; (keeping only the external walls) it has the following characteristics:
• 4 2.5-room apartments for 50 m2 each;
• 2 3.5-room duplex apartments of 80 m2 each;
• 2 commercial premises with private bathroom of 50 m2 each;
• 6 private cellars for each apartment:
• Laundry and storage room of 25 m2;
Technical details:
• Modern construction;
• First choice materials: porcelain stoneware, parquet, modern finishes;
• Equipped kitchens;
• Underfloor heating powered by a heat pump;
• Building developed on 4 floors above ground in addition to the basement
• Rectangular land equal to 116 m2 as ground cover;
Financial Details:
• Current existing mortgage of Chf 1,920,000. – with a fixed interest rate of 1.2% expiring in 2028;
• The apartments are all rented with interesting, even long-term contracts;
• Net annual collection of expenses and interest Chf 77'500.- which is equivalent to 11.5% on the contribution of your cash (Chf 680'000.-)