Apartment for sale - 1202 Genève

The property concerned is for sale in lifetime annuity - the seller keeps the occupancy right lifelong. Life annuity is a real estate investment: tax optimization, capital gain, return on investment, inheritance...

64m2 apartment in a luxury residence ideally located close to international organizations, train station, city center, shops and public transport.
It has a 14m2 terrace.
The building features a fitness room, sauna, massage room and home cinema/meeting room for exclusive use by the PPE.

The layout is as follows:
1 living room with dining area and access to the terrace, 1 open-plan fitted kitchen with access to the balcony, 1 bedroom with access to the balcony, 1 bathroom, 1 separate WC.
Upper ground floor.
Underground parking and cellar.

Occupied life annuity : F. 83 years old, M. 88 years old
Market value : CHF 1'200'000
Bouquet (one-off payment) : CHF 912'000
No monthly payment

Good opportunity for an investor.