Single family house on sale in Glion
Rental building "Les Hortensias"
Localisation
Route de Caux 93, 1823 GlionCharacteristics
Description
Composition of the building and yield
This magnificent property of interest and character is located on the popular heights of Montreux, in the charming village of Glion.
Benefiting from a spectacular panoramic view of Lake Geneva and the Alps, it offers a rare and particularly sought-after living environment.
Combining charm, heritage potential and attractive return, this building is an ideal opportunity for an investor wishing to acquire a quality property in an exclusive environment.
The building consists of 4 spacious apartments, all with private outdoor spaces, as well as 5 outdoor parking spaces.
Composition of the building
- Lower floor: 3.5-room apartment of approximately 90 m² with terrace and private garden of 150 m²
- Upper floor: 4.5-room apartment of approximately 110 m² with a 45 m² terrace and a 50 m² private garden
- 1st floor: 4.5-room apartment of approximately 110 m² with a 45 m² terrace and a 50 m² private garden
- 2nd floor: 5.5-room apartment of approximately 110 m² with balconies totalling 12 m² and private garden of 40 m²
All apartments are rented, immediately offering a stable and secure rental income.
Rental status
The current annual net rental status amounts to:
CHF 99'000.- net / year
Based on the currently desired sale price of CHF 2,400,000, the building offers:
- a gross return of 4.6%;
- a net return of 4.13%;
The property also has an interesting potential for rental value in the medium term, in a market where demand for this type of property remains particularly strong.
Works and renovations
The building has benefited from many major renovations and improvements over the years, making it possible today to offer a perfectly maintained and attractive object for tenants.
Main works carried out:
- 2012: Replacement of the windows and modernisation of the boiler room
- 2016: renovation of the basements and repair of the roof
- 2017: renovation of the facades, replacement of radiators and complete renovation of 3 apartments (floors, kitchens and bathrooms)
- 2018: repair of the stairwell, upgrading to electrical standards, installation of an intercom and replacement of the common doors
- 2023: complete replacement of the building's boiler
- 2025: Complete renovation of the 1st floor apartment
Regular and rigorous maintenance has been constantly ensured, guaranteeing an excellent general condition of the building as well as an appreciable technical durability for a future buyer.
Conveniences
Outside conveniences
- Balcony/ies
- Parking















































































































































































