Residential building
CHF 2,420,000.-
CHF 5,762.-/sqm
Glion – Rental building with panoramic view of the lake
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...