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"6 apartments for sale in a block"

Purchase price
CHF 3,500,000.–
Notify on price drop
Living space
473 m2

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The advertiser has not provided the exact address.

Location

1219 Le Lignon

Costs

Purchase price:
CHF 3,500,000.–
Notify on price drop

Main information

Available from:
By agreement
Type:
Multi-family house
Surface living:
473 m2
Year built:
1962

Features and furnishings

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Description

We have the pleasure of presenting you with an interesting investment opportunity: a group of 6 apartments for sale in the historic Lignon building in Vernier.

This building, appreciated for its distinctive architecture, has several bus stops nearby. For those who prefer to drive, it is located near the main roads, allowing quick access to the highway and the airport. Additionally, the neighborhood is well-equipped with bike paths and pedestrian areas, making travel to local amenities both safe and practical.

The dynamic community of Lignon offers a pleasant living environment, with numerous cafes, restaurants, and shops nearby, fostering social exchanges. Residents can also enjoy green spaces, cultural centers, and sports facilities, contributing to an active and convivial lifestyle.

The 6 units have a total living area of 473 m² and 39 m² of loggias in a 12-story building.

Details of the units:
Unit 3.01: 5 rooms - 1st floor
Unit 7.02: 4 rooms - 5th floor
Unit 8.01: 3 rooms - 6th floor
Unit 9.02: 4 rooms - 7th floor
Unit 10.01: 3.5 rooms - 8th floor
Unit 13.02: 5 rooms - 11th floor

For an annual gross rental income of CHF 161'256.-, which corresponds to a gross return of 4.61%. An increase in rents is possible in the near future.

The renovation fund has a positive balance of CHF 716'000.-. Part of the funds will be allocated to the renovation of the building's facade.

This offer is a great opportunity not to be missed for anyone looking to invest in a developing neighborhood.

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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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Contact for viewing

Davit Ghukasyan

Advertiser

Régie des Alpes SASilver Partner
Régie des Alpes SA
Rue de Fribourg 2
1201Genève
Listing ID
4003010591
Object ref.
M-26-022
Régie des Alpes SA
Régie des Alpes SA
Silver Partner

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