Real Estate to Renovate

At a glance

Description

Exceptional renovation opportunity In the heart of the village of Ballens, this rare real estate complex, consisting of a village house to be renovated and an independent barn, represents a unique development and creation opportunity. The village house , with approximately 612 m² of living space and a generous volume of approximately 1'700 m³, offers remarkable layout possibilities. Its configuration allows for the creation of up to three apartments, suitable for both a resale project and a long-term rental strategy. The barn , benefiting from a ground area of approximately 120 m² and a volume of approximately 960 m³, is ideally suited for the creation of a loft-style house or two separate apartments on three levels, each of which can enjoy a private outdoor space. Based on current estimates, the project presents a particularly attractive financial potential. Depending on the level of finishing chosen and the marketing conditions, the resale of the different units allows for a gross margin of around 12 % to 20 % to be expected, with a central estimate close to 15.5 % .

Location & surroundings

Ballens 1144 Ballens is located in the district of Morges, in the canton of Vaud. The population in the political municipality of Ballens has varied over the last five years with an average annual change of +1.3%, standing at 579 inhabitants (as of December 31, 2024). The tax rate is 14.0% (canton: 13.8%). Over the last five years, the average annual construction rate in the municipality was 1.2%, while the current vacancy rate is 0.8% (Et...

Features & amenities

All characteristics

Location & surroundings