Apartment for sale - 1870 Monthey, Chemin Des Semilles 10

2.5-room apartment to renovate, already rented.
Investment opportunity: already rented yield apartment

Located in a quiet area close to amenities, this apartment represents an excellent opportunity for an investor.

The building has undergone regular renovations over the years, the most recent dating back to 2024, thus ensuring good preservation and appreciation of the property in the long term.

Property description :

? Entrance hall with storage space (reduced)
? Closed and habitable kitchen, offering good layout potential
? Spacious living room with direct access to the terrace
? Spacious bedroom
? Functional and spacious bathroom with WC

An outdoor parking space is allocated to the apartment, facilitating parking.

Monthey
Monthey is located in the District of Monthey, in the Canton of Valais.

The population in the political municipality of Monthey has varied over the last five years by an average of +1.2% per year, rising to 18,886 inhabitants (as of December 31, 2023).

The tax rate is 13.1% (canton: 13.3%). Over the last five years, housing construction in the municipality has averaged 1.2% per year, while the current vacancy rate is 0.1% (as of June 1, 2024).

Real estate prices have varied by +10.6% over the last five years (canton: +21.9%).