Multi-family house, partially renovated with 6 apartments, 9% yield, in the center of Faido TI

• Address: Via Canton Lucerna 8, 6760 Faido TI

• Yield 9% after renovation (see description)

• Contact: Dr. Theodor Heutschi, Phone +41 79 244 10 00

-

Multi-family house with 6 apartments, large garden with rustic, in the center of Faido TI

Rental income 6 apartments per year CHF 86'880.-

(Local and sustainable rental prices)

-

Building insurance value CHF 2'130'000.-

Market value according to DCF calculation: CHF 1'667'000.-

-

Key figures                                                                                                                  

-      Building insurance value                  CHF 2‘130‘000.-

-      Volume                                                       ca. 3‘345 m3

-      Living area with 6 apartments             ca. 356 m2

-      Living area with 7 apartments             ca. 446 m2

-      Gross floor area                              ca. 615 m2

-      Year of construction                                    1939

-      Last renovation                                    2026

-

Discover this impressive historic townhouse in the picturesque municipality of Faido in Ticino. The multi-story building with 5 floors offers a total of 19.5 rooms on 686.85 m² of living space and stands on a 737 m² plot of land.

The property impresses with the following features:

• Spacious room layout: Bright rooms with white walls, high-quality wooden floors, and large windows create a welcoming atmosphere

• Modern equipment: The building has been recently renovated and offers contemporary living comfort

• Balcony: Enjoy the fresh mountain air on the balcony

• Parking spaces: Public parking spaces 100m away

• Family-friendly: Ideal for families with children

• Large garden: Garden behind the house with rustic (in need of renovation)

• Shopping: 100m

• School: 100m

• Public transport bus: in front of the house

• Motorway access 3 minutes

• Next city Bellinzona 20 minutes

Condition: The 6 apartments are newly partially renovated with new kitchens and new bathrooms/wet areas. An additional 3-room apartment can be built and realized in the spacious attic. The facade will need renovation in the next 5-10 years.

-

Existing building permits according to clarifications with the Faido building authority:

• Renovation of the 6 apartments (the apartments are renovated, two kitchens in the ground floor are still missing)

• Air-water heat pump available (no heat protection proof required in the canton of TI)

• Attic expansion (not yet carried out, can be expanded if required)

• Parking spaces behind the house are possible (no green area share, access via post to be clarified)

-

Renovation work still to be carried out by the buyer:

CHF.      8'000.- 2 kitchens ground floor, delivery, installation

CHF.    15'000.- Electrical panel installation, electrical inspection

CHF.    65'000.- Connection air-water heat pump, commissioning (approved)

CHF.      3'000.- Staircase floor

CHF.      7'000.- Basement compartments

CHF.    20'000.- Facade repair

CHF.      2'500.- Water boiler

CHF.    25'000.- Outdoor facilities, parking spaces possible

CHF.  145'500.- Total approx.

-

Yield: After the renovation, i.e. after carrying out these works, the yield is 9%

-

• Selling price: CHF 820'000.-

• Availability: The property is available immediately or by arrangement.

• Notary and land registry costs: The notary and land registry costs as well as all fees and costs associated with the certification will be borne by the buyer.

• Bank: You are free to choose the bank

--

All information without guarantee, any liability for text, information, numbers, measurements, pictures or plans is hereby excluded.

--

CONTACT / VIEWING:

-------------------------------------

Dr. T. Heutschi Phone 079 244 10 00

J. Deyhle, lic.iur Phone 079 450 40 00

Further documents and explanations can be obtained during the viewing.