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Geneva, Beautiful apartment - Occupied life annuity

rooms2
Living area64 m²
FloorUpper ground floor
Object PriceCHF 963,000.-
AvailabilityTo agree
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Localisation

1202 Genève

Characteristics

Reference
5197618
Availability
To agree
Bathroom
1
Year of construction
2012
rooms
2
Bedroom
1
Floor
Upper ground floor
Total number of floors
5
Heating type
Heat pump
Heating installation
Floor
Domestic water heating system
Heat pump
Condition of the property
Very good
Standing
Standard
Living area
64 m²
Terrace surface
14 m²
Life estate
Busy
Bunch
CHF 963,000.-
Parking places
Yes, obligatory

Number of parkings

Interior
1 | included

Description

The property concerned is for sale in lifetime annuity - the seller keeps the occupancy right lifelong. Life annuity is a real estate investment: tax optimization, capital gain, return on investment, inheritance...

64m2 apartment in a luxury residence ideally located close to international organizations, train station, city center, shops and public transport.
It has a 14m2 terrace.
The building features a fitness room, sauna, massage room and home cinema/meeting room for exclusive use by the PPE.

The layout is as follows:
1 living room with dining area and access to the terrace, 1 open-plan fitted kitchen with access to the balcony, 1 bedroom with access to the balcony, 1 bathroom, 1 separate WC.
Upper ground floor.
Underground parking and cellar.

Occupied life annuity : F. 83 years old, M. 88 years old
Market value : CHF 1'200'000
Bouquet (one-off payment) : CHF 963'000
No monthly payment

Good opportunity for an investor.

Conveniences

Neighbourhood
  • Shops/Stores
  • Post office
  • Restaurant(s)
  • Pharmacy
  • Railway station
  • Bus stop
Inside conveniences
  • Underground car park
  • Open kitchen
  • Separated lavatory
  • Cellar
  • Sauna
  • Fitness room
  • Home cinema
  • Double glazing
Equipment
  • Fitted kitchen
Style
  • Modern
Miscellaneous
  • With full-time caretaker job