Glion – Rental building with panoramic view of the lake
Living area420 m²
Object PriceCHF 2,420,000.-
AvailabilityTo agree
Localisation
A Glion, 1823 GlionCharacteristics
Reference
79498
Availability
To agree
Ground surface
1,172 m²
Living area
420 m²
Useful surface
420 m²
Description
Text translated from french, see original
Original text in french, translate to English.
Located on the heights of Montreux, in the residential district of Glion, this building of character built in 1919 is a rare opportunity on the Riviera real estate market. Set on a plot of 1,172 m2 and offering a total living area of 420 m2, it comprises four apartments and five parking spaces, generating a net rental income of CHF 99,000.- per year.
This property is suitable for both an investor looking for a solid return and a family looking to combine a primary residence with rental income. For an investor profile, the property offers a gross yield of 4.1% and a net yield on equity of around 9.4% per year, with a net cash flow estimated at more than CHF 68,000.-. These figures reflect the stability and performance of the property, reinforced by its strategic location in close proximity to the Glion train station and the funicular connecting Montreux.
One of its major assets is its dominant position, offering an exceptional panoramic view of Lake Geneva and the Alps. Each apartment benefits from this unique setting, guaranteeing both the sustainability of rental demand and an incomparable quality of life for a potential owner occupier.
The building has been well maintained, with the apartments having been renovated progressively over the years. Its privileged location, the quality of its environment and the combination of profitability and quality of life make it a perfectly balanced property.
Please do not hesitate to contact us to arrange a viewing of this property!
This property is suitable for both an investor looking for a solid return and a family looking to combine a primary residence with rental income. For an investor profile, the property offers a gross yield of 4.1% and a net yield on equity of around 9.4% per year, with a net cash flow estimated at more than CHF 68,000.-. These figures reflect the stability and performance of the property, reinforced by its strategic location in close proximity to the Glion train station and the funicular connecting Montreux.
One of its major assets is its dominant position, offering an exceptional panoramic view of Lake Geneva and the Alps. Each apartment benefits from this unique setting, guaranteeing both the sustainability of rental demand and an incomparable quality of life for a potential owner occupier.
The building has been well maintained, with the apartments having been renovated progressively over the years. Its privileged location, the quality of its environment and the combination of profitability and quality of life make it a perfectly balanced property.
Please do not hesitate to contact us to arrange a viewing of this property!
Conveniences
Outside conveniences
- Parking
Distances
Stores
1.7 km