Residential building for sale - 1950 Sion

Sion, the capital of Valais, offers an attractive setting for real estate investors due to its demographic growth, its role as a regional economic and administrative center, and its strategic location in the heart of the Alps. The city benefits from excellent accessibility (highways, trains, airport) and a strong economic dynamism supported by sectors such as energy, tourism, and technology. The real estate market is diverse, ranging from residential buildings with high rental demand to opportunities in hospitality and renovation projects. Furthermore, the competitive Valais tax system enhances its appeal to investors.

1. Population: Approximately 35,000 inhabitants, with steady growth.
2. Unemployment rate: Low, below the national average.
3. Key sectors: Energy (Alpiq, HydroValais), tourism, wine agriculture, health, and education (HES-SO).
4. Median income: Comparable to the Swiss average.
5. Taxation: Advantageous for individuals and businesses in Valais.
6. Real estate prices: Stable with good rental yield (4-6%).
7. Accessibility: Highways, CFF train station, regional airport.
8. Public investments: Infrastructure, innovation (EPFL Valais Wallis).

The building consists of 22 apartments and some office spaces, spread over 7 levels, with various types, 1, 2, 3, 4, 5 rooms.

A densification scenario is possible.

The heating is oil-based.

The windows were replaced in 2011.

The current rental income is CHF 290,000 per year.

The gross yield is 4.15%.