Sale of 20 PPE lots – Charmilles neighborhood
Localisation
Charmilles, 1203 GenèveCharacteristics
Number of parkings
Description
Retail building – Geneva Rare residential asset in the heart of a sought-after urban neighborhood
Located in an established, dense and well-connected area of Geneva, these 20 residential apartments and 13 parking spaces offer an attractive yield and a sought-after urban environment, appreciated for its immediate proximity to the city center, public transport, the train station, shops and major roads, while maintaining a stable and lasting residential atmosphere.
A location that will continue to attract tenants and secure long-term income.
Key data of the building
- 8-story building + basement
- 20 residential apartments
- 13 parking spaces in the basement
- Total quota: 426.15 millièmes
- SIA total volume of the building: 13’130 m³
- including basement of the building: 3’190 m³
- Plot size: 1412 m²
- Ground building area: 563 m²
Type of apartment (with balconies)
- 9 × 3 pieces – approx. 62 m² = 558 m²
- 6 × 4 pieces – approx. 77 m² = 462 m²
- 5 × 6 pieces – approx. 115 m² = 575 m²
- For a total of: 1595 m²
A diversity of surfaces particularly appreciated on the Geneva market, allowing to reach a wide range of tenants (couples, families, executives).
Basement – Full Infrastructure
- Underground parking
- Communal laundry room
- Bike storage
- Local containers
Technical condition & maintenance
The building has been regularly monitored and consistently invested in, ensuring excellent technical visibility for an investor:
- Communal gas heating (boiler room in a neighboring building)
- Granite facades replaced in 1997
- Painted wooden windows, double glazing, replaced in 2012
- Terrace and roof renovation in 2009
- Renovation fund:
Between 2022 and 2025, CHF 830,000 were invested in condominium work, including the replacement of downpipes, the nursery room and the removal of the garbage chute.
A reassuring work history, limiting the risks of CAPEX in the short and medium term.
Rental performance
- Gross rental income:
CHF 490,000.- / year (apartments + parking spaces)- apartments CHF 459,996.-
- parkings CHF 30,004.-
- Expenses : approx. 18% – CHF 88,200.-
- Net rental value:
CHF 401,800.- / year - Number of rooms: 81 for all apartments
- Average per piece to date: CHF 5,670.- (excluding parking)
- Gross yield: 4.10%
- Net yield: 3.85%
Why this asset is an investment opportunity
- Strategic and sustainable Geneva location
- Fully leased residential building
- Sought-after typologies with balconies
- Major work already completed
- Solid and readable net income
- Ideal asset for institutional or private investors
- Attractive yields
Full file, plans, detailed rental status and additional information available on request.
A building that combines security, performance and heritage potential in one of the strongest real estate markets in Switzerland.
Conveniences
Neighbourhood
- City centre
- Park
- Green
- Shops/Stores
- Shopping street
- Bank
- Post office
- Restaurant(s)
- Pharmacy
- Railway station
- Bus station
- Bus stop
- Playground
- Nursery
- Preschool
- Primary school
- Secondary school
- Sports centre
- Bike trail
- Theatre
- Concert hall
- Religious monuments
- Doctor
- Medical home
Outside conveniences
- Balcony/ies
- Terrace/s
- Rooftop terrace
- Garden
- Bench
- Quiet
- Fence
- Parking
- Garage
- Built on even grounds
- Gabled
Inside conveniences
- Wheelchair-friendly
- Lift/elevator
- Public parking
- Cellar
- Bicycle storage
- CP-Shelter
- Water softener
- Heating Access
- Double glazing
- Bright/sunny
- With front and rear view
Equipment
- Dryer
- Laundry
- Internet 1Gbit/s
- Optic fiber
- Interphone
- Code door
- Caretaker
- Electric garage door
- Fire alarm
- Sprinkler
- Ventilation
- Controlled ventilation
- Outdoor lighting
Floor
- Tiles
- Parquet floor
- Mosaic parquet floor
- Granite
Condition
- Very good
Orientation
- North
- East
Exposure
- Good
- All day
View
- Clear
- Park
Style
- Classic
Miscellaneous
- Not registered as Contaminated land
