Ideal for investors: two-apartment building

Riddes - Ref : 86159620

Opportunity!

A building with two 3.5-room apartments and two outdoor parking spaces currently rented in a quiet area of Riddes, a charming commune in the central Valais. The village benefits from strong demographic growth driven by dynamic economic development (notably with the opening of IKEA) and a pleasant living environment between the plains and the mountains.

The property is registered as a PPE in the land register.

Room layout
Ground floor apartment (~72 m2)
- Entrance with wall cupboard
- Fitted kitchen
- Bathroom (bath, toilet and washbasin)
- Living room
- Two bedrooms
- A cellar

1st floor apartment (~ 72 m2)
- Entrance with wall cupboard
- Fully equipped kitchen
- Bathroom (bath, toilet and washbasin)
- Living room
- Two bedrooms
- A cellar

Parking :
- Two outdoor parking spaces

Annexe :
- Laundry room

Work to be done :
- Perimeter insulation
- Replacement of windows
- Renovation of interior paintwork
- Replacement of household appliances

Rental income :
- Current gross income: 24,000/year
- Possible gross income: $32,400/year

Cadastral and legal information :
- Parcel no. 905
- Map no. 14
- Villa zone
- Sensitivity level II
- Municipality of Riddes, Valais

Tax information :
- Building taxes : CHF 165,930
- Property taxes: CHF 6,600.00
- Indexation : 153
- Coefficient: 1.25

Virtual visit available !

Contact us for more information!