House for sale in Gland, Switzerland

We have the advantage of offering for sale a PAC of 16 condominium units out of 21 in total, within a building, constituted as a condominium and erected in 2016, of a superior range and fully rented by qualitative and financially sustainable tenants.

The elements that we make available,upon request and after signing a confidentiality agreement, to enable you to assess your potential interest in acquiring the above-mentioned lots, are the following:

• Management accounts for the 16 leased lots 2024-2025, including the parking spaces assigned to them;
• Interior photos, apartments and offices in the attic;
• Photo of the façade
• Rental status for the 16 lots and their annexes
• ECA Policy

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

The average annual budget of the condominium is CHF 68,000.00, of which 907/1000 is paid by the owner of the 16 lots, i.e. CHF 62,356.00/year.

Considering the price expected by the seller owner and his annual net rental status. The gross yield is 3.9%.

It is specified that it is possible to acquire the company holding the lots, which represent the only assets of which it is composed, which will avoid the payment of transfer taxes.

The resumption of the current mortgage with the pledgee, at a fixed rate of 2.7%, running for another 8 years, is one of the imperative conditions imposed by the seller.

Considering all the elements expressed above, it is naturally necessary to approach this investment from the point of view of net and not gross return. The latter can be assessed as follows:

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

At the end of the first eight years, considering an average mortgage rate of 1.5%, the net return will be significantly increased, as expressed in the following simulation:

Annual net income CHF 423,515.10 (average of the 2024-2025 statements, maintenance and operating expenses deducted – without increase for prudent consideration)
./. Annual condominium fees
./. Mortgage from the 9th year

The net return from this objective simulation is 7.83%.

Considering the constructive quality of the building, its optimal energy efficiency (Minergie Label), its exceptional situation, the objectively controllable considerations (except for the future mortgage market), the simulation expressed above appears to us to be perfectly in line with reality.