The property, located in Mendrisio in a green area but at the same time close to the station, represents an interesting opportunity both for an investor looking for a real estate enhancement project and for those who want to build a quality residential building in a strategic position.

In its current state, there are three apartments, with a building permit that has become final to build four apartments.

Economic data
Price required in the current state: CHF 1'100'000
Price required after completion of renovation: CHF 2'200'000
Annual return after completion of renovation: around 4% guaranteed for 2 years.
Residential units: 4 apartments with 3.5 rooms.
External parking spaces: 8, equivalent to 2 per apartment.
The renovation work allows to transform the current building into a modern and attractive residential product, with the possibility of obtaining a very good overall annual return and a significant increase in the value of the property.

An interesting proposal in a strategic area of Mendrisio, characterized by a significant potential for enhancement and a configuration already particularly suitable for renting.

Further information and plans on request