PERFORMING PROPERTY WITH DEVELOPMENT POTENTIAL
Localisation
Centre, 1996 Basse-NendazCharacteristics
Number of parkings
Description
Located in the heart of the charming village of Basse-Nendaz, this investment property represents a rare opportunity for investors looking for a property that offers immediate returns and potential for long-term appreciation.
The property is made up of two buildings with a total of five apartments, all of which are currently rented, guaranteeing a regular and secure rental income. The property is located in a prime location, close to amenities, schools and public transport, in a particularly sought-after area both for its quality of life and for its attractive rental market.
The property is situated on a plot of around 1,000 m² and also offers interesting development potential, whether for an extension, a valuable renovation or a new long-term real estate project.
This investment combines solidity, returns and development prospects in an authentic and dynamic setting in the heart of the Valais Alps.
Current composition
- 5 fully rented apartments:
- 1x 4.5-room
- 1x 3.5-room
- 1x 3.5-room
- 2x 2.5-room
- Outdoor parking spaces, individual cellars, washing machine in each apartment, two shared tumble dryers.
- The buildings, built between 1948 and 1956, have undergone regular renovations (most recently in 2024) and are in good overall condition.
Key financial data
- Annual gross rental income: CHF 64,920.-
- Actual costs 2023: CHF 16,975.-
- Net operating result: CHF 47,945.-
- Gross yield: 5.2%
- Net yield: approx. 3.8%
The property has a solid and sustainable rental base, with a 100% occupancy rate and long-term tenants.
The 2024 costs, which are higher due to one-off work and the temporary increase in energy costs, will return to a similar level to 2023 in 2025, further strengthening the profitability.
In the medium term, the property offers interesting optimization margins:
- Progressive rent revaluation,
- Improvement of energy performance,
- Potential land development for new development in its place.
Location & living environment
Located in the center of the village of Basse-Nendaz, in the immediate vicinity of shops, schools, post office and public transport, the property benefits from a quiet and sought-after residential environment, just:
- 10 minutes from Haute-Nendaz (4 Vallées ski area),
- 25 minutes from Sion
- Thanks to its ideal location, this location ensures stable rental demand throughout the year.
Development potential
Beyond its current yield, the property offers real development potential:
The total surface area of approximately 965 m² spread over three adjacent plots allows the construction of a new residential building or a mixed project (housing / yield) to be envisaged in the future, subject to municipal authorizations.
A rare asset in this sector with high attractiveness and limited land.
Other advantages:
- 6 parking spaces in total: 1 covered, 4 outdoor and 1 closed garage in the barn.
- OIBT report compliant
- No particular land servitudes or charges
- Complete technical and financial file available on request (estimates, RF extracts, charges, Zurich reports)
For any information or to arrange a viewing, please contact us.
Conveniences
Neighbourhood
- Village
- Mountains
- Shops/Stores
- Bank
- Post office
- Restaurant(s)
- Bus stop
- Child-friendly
- Nursery
- Preschool
- Primary school
- Secondary school
- Ski piste
- Ski resort
- Hiking trails
- Doctor
Outside conveniences
- Balcony/ies
- Terrace/s
- Garden
- Greenery
- Storeroom
- Barn
- Parking
- From road
- Built on even grounds
Inside conveniences
- Without elevator
- Public parking
- Garage
- Visitor parking space(s)
- Open kitchen
- Eat-in-kitchen
- Cellar
- Storeroom
- Workshop
- Unfurnished
- Built-in closet
- Swedish stove
- Double glazing
- Bright/sunny
- Penthouse
- Exposed beams
- With character
- Timber frame
Equipment
- Furnished kitchen
- Ceramic glass cooktop
- Oven
- Fridge
- Freezer
- Dishwasher
- Washing machine
- Dryer
- Shower
- Bath
- Phone
- basic finishing
Floor
- Tiles
- Parquet floor
Condition
- Good
- To be renovated
- In it's current state
- With extension possibility
Orientation
- South
- West
Exposure
- Favourable
- All day
View
- Clear
- Mountains
Style
- Atypical house