Interesting Investment Property With 19 Apartments And Commercial Spaces In A Central And Privileged

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In a central and well-connected location, in the southeastern area of the municipality of Chiasso, near the Chiasso/Como border crossing, this exclusive condominium with 19 apartments, a commercial space, storage areas, and 18 parking spaces is located right next to the train station and close to the Italian border.
The building, constructed in 1965, was completely renovated and updated in 2014. During the renovation work, the property was upgraded to high energy standards and received passive house certification. Thanks to this intervention, the property is now in excellent condition.
The six-story condominium includes a total of 19 apartments, thus offering a wide diversification of tenants. The residential use is complemented by a commercial space with storage areas. The commercial spaces benefit from the central location and good accessibility.
Living area: approximately 1,226 m²
Commercial area: approximately 116 m²
Based on the current expected rental income, the gross yield is approximately 4.5%. – A solid investment with long-term potential.
Chiasso is located in the south of Ticino, right at the border with Italy, and is distinguished by its excellent connections and infrastructure. The train station and the A2 motorway ensure a quick connection to Lugano, Bellinzona, and Northern Italy.