House for sale in Gland, Switzerland

We have the advantage of offering for sale a package of 16 condominium units out of a total of 21 in a high-end building, which was built in 2016, is a condominium and is fully leased to high-quality, financially sound tenants.

The elements that we make available to you upon request and after signing a confidentiality agreement, to allow you to assess your potential interest in acquiring the aforementioned lots, are as follows:

• Management accounting for the 16 lots leased 2024-2025, including the park spaces allocated to them;
• Interior photos of apartments and offices in the attic;
• Photo of the facade
• Leasehold title for the 16 lots and their annexes
• ECA Police

We would like to draw your attention to the fact that each lot entitles the holder to a vote. Thus, the purchaser of 16 out of 21 lots has a proportional decision-making power.

The annual average budget of the PPE is CHF 68,000.00, of which 891/1000 is borne by the owner of the 16 lots, amounting to CHF 60,588.00/year.

Considering the expected price by the seller and its net annual rental income, the gross yield is 3.9%.

It is specified that it is possible to acquire the company that owns the lots, which represent the only assets it has, thus avoiding the payment of transfer duties.

The assumption of the current mortgage from the vendor’s lender at a fixed rate of 2.7% for the remaining 8 years is a mandatory condition imposed by the seller.

Given the above, it is natural to approach this investment from the perspective of net rather than gross return. The latter can be estimated as follows:

The net return resulting from this objective simulation is 4.84%.

After eight years, assuming an average mortgage rate of 1.5%, the net return will be considerably higher, as shown in the following simulation:

Annual net income CHF 423,515.10 (average of 2024-2025 statements, maintenance and operating costs deducted – without allowance for prudent consideration)
./. annual condo fees
./. mortgage in the9th year

The net return resulting from this objective simulation is 7.83%.

Considering the building’s construction quality, its optimal energy efficiency (Minergie label), its exceptional location, and the objectively controllable factors (with the exception of the future mortgage market), the above simulation appears to be perfectly in line with reality.