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Apartmenthouse near Basel with 5.62% gross income (11–12% on own capital)

3,775,000 €
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Yield: 5.6%
  • Absolute return: 212,000 €
  • Land area: 969 m²
  • Built in 1991
  • 4-floor building
  • Renter: 100%
  • Minimum owner's capital: 1,500,000 €
  • Number of parking lots: 16
  • Most recent total renovation: 2016
  • Lettable area: 1,300 m²
  • Loan size: 60% of the value of the object
  • Rate: 1.4%
  • Loan term: 25 years
  • Notary (state registration): 4.0%
  • Broker: 3.5%
  • Total apartments: 19

An apartment house with 15 studios (built in 1991), 2 x 4 1/2 apartment (built in 2016) and one 2 1/2 apartment (built in 2016). 16 parking places, of which 10 in the garage. 

This Apartmenthouse is managed by a professional company that is ready to enter into a 5-year agreemnt paying the owner CHF 225,000 (c. EUR 212,00) per year. Under such a buy-to-let scenario, the owner bears no extra costs apart from taxes. The by-to-let contract is not necessary and the Apartmenthouse can be managed by the owner himseld.

The typical mortgage in Switzerland for a commercial property is 60% of the estimated value of the object, the interest rate is between 1.2% and 3%, actual conditions depend on the business case of the new owner and his track record in managing similar businesses. 

The Apatmenthouse can be acquired by a non-resident foreigner.

The Apartmenthouse is loated 10 km from Basel, a pharma and biotech cluster of Switzerland. In addition, the world-renowned exibitions such as Art Basel or Basel World are taking place there regularly. The vacancy in Basel is 0.27% which makes the Apartmenthouse an attractive long term investment.

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Marina Filichkina
Marina Filichkina
Head of Sales
+44 20 3608 1267
Free advice on real estate in Solothurn (city)
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