High-end condominiums

Chessel

Type of investment Investment
minimum
Mortgage
(debt ratio)
Co-ownership
CHF 75’000
56 %
     
Category Duration of the mortgage Expected return
on own funds
Residential
5 years
6.14 %

 

Invest in 8 magnificent apartments located in the heart of the Rhône plain

  • 100% leased
  • Strong rental demand in the region
  • Good condition, regularly maintained
  • Close to all amenities
  • Quiet and green environment
  • Near SBB station
  • Proximity to ski resorts
  • Proximity of the new Riviera-Chablais Hospital

Property Overview

Property Details

Located in the commune of Chessel in the canton of Vaud, on the border of the Valais, this building is established in a peaceful and green environment, near Aigle and Villeneuve. This property of 8 apartments is composed as follows:

  • 2 apartments of 2.5 rooms
  • 2 apartments of 3.5 rooms
  • 4 apartments of 4.5 rooms

This building offers an ideal situation allowing to have a quiet living environment while benefiting from a proximity of all conveniences as well as means of transport. The building, spread over 2 levels, has been renovated and is very well maintained. All the apartments are rented with rents in line with the market.

Financial overview

     
     
  Initial payment to the condominium account 142’000
  SIPA Group transaction fees 171’426
     
     
Rental income 177’095
     
  Operating expenses -18’000
  Mortgage interest (1.00%) -19’300
  Expected rental losses (1.10%) -1’948
  Management fees SIPA Immo (5.00%) -8’854
     
NET INCOME 128’993
NET RETURN ON EQUITY 7,12%
     
  Tax (13,79 %) -17’788
     
DISTRIBUTED INCOME 111’205
DISTRIBUTED RETURN ON EQUITY 6,14%

Documents

  • Cadastre

    Land Registry

    ECA

    Rental status

    Plans

Visit us at

starting in September 2020.

You will then be able to take advantage of the new exclusive properties of SIPA Immobilier.

Very sincerely, Martin Almdal
CEO Sipa Real Estate