Apartment building with 5 apartments with 2.5 rooms

At a glance

Description

Riviera 6705 Cresciano is located in the Riviera district, in the canton of Ticino. The population in the political municipality of Riviera has changed by an average of +0.3% per year over the last five years to 4,269 inhabitants (as of December 31, 2024). The tax burden is 11.6% (canton: 11.0%). For the last five years, the municipality has an average annual residential construction activity of 1.6%, while the vacancy rate is currently 1.4% (as of June 1, 2025). Real estate prices have changed by +2.8% over the last five years (canton: +9.7%). General description This is a newly built apartment building as a rental property. The building consists of only 5 residential units with 2.5 rooms each, making privacy and a quiet living atmosphere a priority. All residential units have: Storage room on the ground floor of 2.00 m² per apartment Terrace of 3.00 m² Private parking space Floor cooling for summer operation Private washing and drying column, integrated in the respective bathroom and included in the rent Common drying room on the ground floor in the basement area Private garden of 52 m² for the ground floor apartment and an additional 40 m² communal garden for the other apartments The building offers all the amenities that guarantee a high standard of living today. Heat pump heating with underfloor heating, electric and adjustable louvers, modern electrical installations, PVC windows with triple glazing. Additionally, a photovoltaic system with 18 kWp is installed. The net return on investment is 4.13% NET or 4.48% GROSS .

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Location & surroundings