Chiasso: Income Palace with 19 Units

At a glance

Description

Income property in the heart of Chiasso, consisting of 19 units, both residential and commercial, in a strategic location, just a few steps from the station, the Italian border, and all major services. The property offers immediate income stability and significant potential for appreciation, thanks to underutilized units, below-market rents, and opportunities for internal conversion. General data .Type: residential + commercial income property .Total units: 19 -14 apartments -5 commercial units/warehouses -3 outdoor parking spaces .Main renovation: 1992 (complete renovation) .Further interventions: summer 2024 (façade, balconies, roof, 4 renovated apartments) Areas .Land area: 781 m² .Rentable area: 1'877 m² .Distribution over 4 floors Legal and technical condition Zone: core zone Building codes .NOT historically protected .No registration in the list of contaminated sites Maintenance condition: good general condition, no urgent measures planned Structure: mixed masonry (concrete and stone) Heating: oil, system in excellent condition Windows: wood double glazing (partly PVC triple glazing) Yield Current situation (IST) .Annual income: CHF 211'440.- .Yield IST: 4.32 % .3 units currently unrented Full rental situation (SOLL current) .Annual income: CHF 261'240.- .Expected yield: 5.33 % Appreciation scenario (with investment) .Estimated investment: CHF 460'000.- Note: Conversion of a large unit (former 8-local office) into approx. 4 apartments .Potential income: CHF 290'400.-/year .Expected yield: 5.42 % Financial forecast (bank loan) .Estimated equity: 30 % .Return on equity: ? 8 % .Positive cash flow even after amortization and interest

Features & amenities

All characteristics

Location & surroundings

Price history

• July 15, 2026 CHF 4’900’000.00
• July 27, 2026 CHF 7’247’100.00
• July 28, 2026 CHF 4’900’000.00 ↓ Price reduced