"Yield 3.5% - Package of 8 apartments - Meyrin (GE)"
Purchase price
On request
Living space
491 m2
Location
1217 MeyrinCosts
- Purchase price:
- On request
Main information
- Available from:
- By agreement
- Type:
- Apartment
- Surface living:
- 491 m2
Documents (0)
Description
Located in the heart of Meyrin, a popular municipality in the canton of Geneva, renowned for its green surroundings, numerous infrastructures, and excellent transport links, this package of 8 apartments represents a high-quality opportunity for a patrimonial investment.
The package consists of:
- 2 apartments with 6 rooms,
- 1 apartment with 4.5 rooms,
- 1 apartment with 3 rooms,
- 4 apartments with 2 rooms,
All apartments are currently rented for long periods, ensuring immediate rental income.
This property offers a current gross yield of around 3.5%, with an estimated improvement potential of between 5% and 6% in the medium term. In fact, about 50% of the apartments are currently occupied by older tenants who benefit from the protection provided by Geneva's legislation, limiting the possibilities for rent revision. The future changes of tenants will thus allow a progressive revaluation of the rents and a significant improvement of the yield.
This portfolio constitutes an excellent opportunity for an investor looking for a secure asset, generating immediate income and having a strong potential for value creation in the medium term.
The package consists of:
- 2 apartments with 6 rooms,
- 1 apartment with 4.5 rooms,
- 1 apartment with 3 rooms,
- 4 apartments with 2 rooms,
All apartments are currently rented for long periods, ensuring immediate rental income.
This property offers a current gross yield of around 3.5%, with an estimated improvement potential of between 5% and 6% in the medium term. In fact, about 50% of the apartments are currently occupied by older tenants who benefit from the protection provided by Geneva's legislation, limiting the possibilities for rent revision. The future changes of tenants will thus allow a progressive revaluation of the rents and a significant improvement of the yield.
This portfolio constitutes an excellent opportunity for an investor looking for a secure asset, generating immediate income and having a strong potential for value creation in the medium term.
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Viewing
Contact for viewing
Guive Emami, MRICS
Contact
Gary SA
- Listing ID
- 4003321536
- Object ref.
- AGE-8902-S