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null rooms Apartment to buy in Meyrin - image 1/3
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Advertiser

Gary SA
Guive Emami, MricsGary SA1 Carrefour de Rive, 1207 GenèveSee more listings from this agencyAdded 5 days ago.

Apartment for sale in Meyrin, Switzerland

1217 Meyrin
N/A
Property type
Apartment
Category
Apartment
Living area
491 m²

Description

Located in the heart of Meyrin, one of the most sought-after municipalities in the Canton of Geneva, renowned for its green surroundings, excellent infrastructure and outstanding transport connections, this portfolio of eight apartments represents an outstanding long-term investment opportunity.

The portfolio comprises:

- 2 six-room apartments;
- 1 four-and-a-half-room apartment;
- 1 three-room apartment;
- 4 two-room apartments.

All apartments are currently leased under long-term tenancy agreements, providing immediate and stable rental income.

The property currently offers a gross yield of approximately 3.5%, with an estimated medium-term potential to increase to 5%–6%.
Approximately 50% of the apartments are occupied by elderly tenants benefiting from the rent protection provisions of Geneva tenancy law, which currently limits rental adjustments. As these tenancies naturally come to an end, the apartments can be re-let at market conditions, allowing for a gradual increase in rental income and a significant improvement in overall returns.

This portfolio represents an excellent opportunity for investors seeking a secure income-producing asset with immediate cash flow and strong medium-term value creation potential.

Market analysis

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Source

Advertiser

Gary SA
Guive Emami, Mrics
See more listings from this agency

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