LOCATION: we offer, as an interesting investment, this big rustic houselocated in a nice residential hill area in the green, south-facing and with a beautiful panoramic view.
Located 10 minutes from Lake of Lugano, 15 minutes from Lake Maggiore and 20-25 minutes from Lugano, with nice open view over the Valley of Tresa and the mountains, up to Monte Rosa mountain.
PROPOSAL for RENEWAL of the existing building: you'll get your apartment of residence or vacation without mortgage expenses, in the sunny Malcantone.
With this renovation project we suggest a transformation into 2 apartments (3,5 rooms duplex apartment with large balcony + 4.5 rooms penthouse duplex with panoramic terrace).
INCOME, REVENUES and especially ADAVANTAGES: with the proceeds from the rental of one of 2 apartments you will cover all mortgage costs for the entire operation of pourchase and transformation and also the interests cost of your apartement where you live.
If you decide instead to rent also the second apartment, you will receive an additional source of 5% income, calculated of your minimum funds required by the Bank (20% of the full investment).
Do you know another source of investment that gives you these possibilities?
CLOSING REMARKS/TOTAL COSTS:
This property can also be purchased as a SECONDARY HOME !
Tax multiplier of Monteggio: 75% !
In addition for buying this house, we will pay you a boarding of 1 weekend full board for up to 4 people in a hotel in the region, directly on the Lake of Lugano or on Lake Maggiore.
Rustic House + global evaluation costs for the transformation: ca. CHF 990'000.-.
On request, we send to serious interested parties, the full documentation with the details of the investment plan.