Residentia, the real estate fund investing in property in the Italian part of Switzerland, is pleased to announce the purchase of a new property in the Municipality of Melide, namely a property divided into two buildings, hosting a total of 9 apartments, 2 offices and 6 business units that benefit from a strategic position along the cantonal road towards Lugano, in the immediate vicinity of the motorway exits and the SBB railway station.
With regard to the condition of the two buildings, the first one was completely renovated in 2018, whereas the second one was built in the mid-1990s and designed by a well-known architect from Ticino.
The gross profitability of the new purchase will exceed 5.5% - given the excellent state of the property – meaning its net income will be significantly above average. For more information, please see the webpage http://www.residentia.ch/it/gli-immobili/melide