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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.
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.