House in Quinto

Multi-family building with mixed construction of 1’234 m2 SUL, developed on 2 floors above ground, divided into 12 residential units on two separate stairs (4 apartments per floor) + 1 commercial unit, located in a mixed residential and artisanal area in the municipality of Quinto, Leventina/Tre Valli district, just 10 minutes from Airolo and 35 minutes from Bellinzona.

The photos of the furnished spaces were created with artificial intelligence.

The building, constructed in 1970 and completely renovated in 2015 with a significant investment of approximately CHF 1.2 million, has received important improvements.
The facades have been renovated with a 16 cm thick thermal insulation system, ensuring excellent energy efficiency. The interiors boast modern kitchens and bathrooms, laminated parquet floors and porcelain stoneware tiles, while the new floor heating system with a geothermal heat pump provides optimal comfort throughout the year.
The offer is completed by PVC windows with triple glazing, a new electrical system, and a new roof insulation.

The building is arranged as follows:
BASEMENT: stairs, laundry room, cellars, heating room, warehouses, WC and changing rooms.
GROUND FLOOR: stair entrance with three independent entrances.
FIRST FLOOR: entrance, 6 offices currently organized as 1 administrative unit and possibly convertible into additional two apartments, and a mix of 3 apartments with 4.5 rooms and balcony, plus 1 apartment with 3.5 rooms and balcony.
SECOND FLOOR: repeats the same configuration as the first floor, except for the office area, which is located in the lower part of the building.

The building has 18 external parking spaces.
Located in a renowned area with numerous hiking and cycling trails, the building is ideal for short-term rentals/AirBnb during all seasons, with Airolo and Andermatt offering a multitude of opportunities for winter sports.

According to the official valuation of 2016, the values of the building were assessed as follows:

• Real value: CHF 3’569’475
• Income value: CHF 3’477’825
• Market value: CHF 3’480’000

The building is in good condition, but some apartments require renovation work, as well as the courtyard of the property.

Metratura:
VE SIA 416 (building volume): 3’700 m3
VMF SIA d 0165 (rentable area): 1’162 m2
SP SIA 416 (floor area): 1’290 m2
SPE SIA 416 (external floor area): 89 m2
SN SIA 416 (net area): 1’073 m2
SF SIA 416 (land area): 1’186 m2
SUL: 1’234 m2

In terms of income, calculated on the seasonal rentals of 2022, it presented a gross yield of 5.58% and a net yield of 4.96%.

Finally, it is worth noting that the inspection report for asbestos was negative, offering additional security for those who wish to invest in this building.

DO NOT MISS THIS OPPORTUNITY AND CONTACT US TODAY FOR MORE INFORMATION!
CL/6761