Residential building for sale - 1823 Glion

Glion - Rental building with panoramic view of the lake
Located on the heights of Montreux, in the residential area of Glion, this character building built in 1919 represents a rare opportunity in the real estate market of the Riviera. Set on a plot of 1,172 m2 and offering a total living area of 420 m2, it includes four apartments as well as five parking spaces, generating a net rental income of CHF 99,000.- per year.

This property is aimed at both an investor seeking solid returns and a family looking to combine a primary residence with rental income. For an investor profile buyer, the property offers a gross yield of 4.1% and a net return on equity of around 9.4% per year, with an estimated net cash flow of over CHF 68,000.-. These figures reflect the stability and performance of the property, reinforced by its strategic location in immediate proximity to the Glion train station and the funicular connecting Montreux.

One of its major assets lies in its dominant position, offering an exceptional panoramic view of Lake Geneva and the Alps. Each apartment benefits from this unique setting, ensuring both the sustainability of rental demand and an incomparable quality of life for a potential owner-occupier.

The building is well-maintained, with the apartments having been gradually renovated over the years. Its privileged location, the quality of its environment, and the combination of profitability and quality of life make it a perfectly balanced property.

Do not hesitate to contact us to arrange a visit to this favorite property!