Residential building

CHF 2'420'000.-

1823 Glion
420 m²

Glion - Rental building with panoramic lake view

Located on the heights of Montreux, in the residential district of Glion, this characterful building, built in 1919, represents a rare opportunity on the Riviera real estate market. Situated on a plot of 1,172 m² and offering a total living space of 420 m², it includes four apartments and five parking spaces, generating a net rental income of CHF 99,000 per year.

This property is equally suitable for investors seeking a solid return, as it is for wealthy families looking to combine their primary residence with rental income. For a buyer with an investor profile, 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 the immediate vicinity of Glion train station and the funicular to Montreux.

One of its major assets lies in its dominant position, offering exceptional panoramic views of Lake Geneva and the Alps. Each property benefits from this unique setting, guaranteeing both sustainable rental demand and an incomparable quality of life for any potential owner-occupier.

The building is in a well-maintained state, with the apartments having been gradually renovated over the years. Its prime 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 wonderful property!

Further information

1172 m² (surface areas)
420 m² (usable areas)
Available on request
Reference 79498
Further information

Equipment

Parking

Nearby

Shops
1700m - 34 min

This property is proposed by

Golay Immobilier SA
Rue du Grand-Chêne 2
1003 Lausanne