"INCOME-GENERATING BUILDING WITH STUDIO APARTMENTS AND APARTMENTS IN SAVOSA"

In Savosa, in a quiet, sunny and scenic location with splendid open views of the surrounding mountains, this spacious and welcoming property offers approx. 600 m² of gross area on a 1’200 m² plot.

Ideal as an income-generating building, the property has been regularly maintained over the years and extends over two levels. It is currently divided into two independent apartments with 4 and 5 rooms, as well as 12 additional furnished studio apartments, which are currently rented out at an attractive income and on medium-term leases.

Outside, a large, well-maintained garden, a spacious panoramic terrace and a swimming pool provide the perfect setting for relaxing and socialising in an exclusive setting.

The property is arranged as follows:

On the GROUND FLOOR, an entrance through a portico leads to a hall, followed by a room for storing tools, the building services room and a dining room for residents’ shared use. It is equipped with a TV area, a kitchen available for everyone to use, and an internal staircase leading to the upper floor.
Also on this floor is the first 5.5-room apartment, with approx. 140 m² of gross area. It comprises a living room with a fireplace and direct access to the spacious garden of approx. 350 m², an open-plan kitchen, a room used as an office, two bedrooms, a bathroom with a shower cubicle, a guest toilet and a cellar.
The apartment can be accessed from outside via the garden and from inside.

The internal staircase leads to the FIRST FLOOR, where there is a room available for guests, seven single rooms and two double rooms, all furnished, the boiler room, a storage room, two further bathrooms with showers and a separate 4.5-room apartment of approx. 120 m². The apartment comprises a living room with access to a terrace, a kitchen, two bedrooms and a bathroom.
The entire floor also has direct access to a second large terrace of over 100 m², from which you can enjoy open views of the lake.

Various maintenance works have been carried out over the years, including the installation of a new heating system and the replacement of some of the windows.
The property is currently used as a residence but offers various possibilities for modernisation, including the creation of new apartments in different sizes and layouts, if required.

The property has wooden and PVC window frames with double thermal-insulating glazing and aluminium roller shutters. The heating system is powered by gas and solar panels, with heat distributed via radiators in some units and underfloor heating in others.

The property is accessed via a private road, so traffic is light. The public transport stop is just 500m away. Shops, supermarkets, post offices, banks and schools are only a 1-minute drive away, while the train station and the Lugano Nord motorway access are 5 minutes away.

The property also includes 7 uncovered outdoor parking spaces, which are included in the sale price.

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SM/4167