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Mixed-use buildings

Living area440 m²
Object PriceCHF 1,650,000.-
AvailabilityTo agree
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Localisation

immeuble, 1208 Genève

Characteristics

Reference
135.c
Availability
To agree
Year of construction
1980
Heating type
Gas
Heating installation
Radiator
Condition of the property
To restore
Standing
Standard
Living area
440 m²
Useful surface
500 m²

Description

We are offering for sale a droit de superficie distinct et permanent (DDP) covering two buildings ideally located in the center of a village on the left bank. This acquisition model makes it possible to become owner of the buildings without purchasing the communal land, making the investment more accessible and profitable. 

Main features

Restaurant area (arbour, veranda, terrace)

Mixed-use building with restaurant, offices and accommodation

Land owner: Village Commune

Duration of right: until December 31, 2060

Strong points

Strategic location in the heart of the village

Mixed use offering a strong income diversification

Residual value indemnity paid by the Commune at the end of the right

Financial conditions

PDP annuity: 90'000 CHF/year, indexed

Mortgage instalments: CHF 1'100'00.- and CHF 550,000

Existing annual rental income: CHF 150'000-

Projected annual rental income after works: CHF 204'400.-

This property represents a unique opportunity in a sought-after commune, combining strategic location, yield, flexibility and legal security.

Conveniences

Neighbourhood
  • Village
  • Shops/Stores
  • Bank
  • Post office
  • Restaurant(s)
  • Pharmacy
  • Bus stop
  • Preschool
  • Primary school
Outside conveniences
  • Terrace/s
Inside conveniences
  • Bright/sunny
  • With front and rear view
Condition
  • To be refurbished

Distances

 
Public transports
18 m
-
-
-
Primary school
246 m
3'
3'
1'
Stores
1.17 km
26'
9'
4'