Situated in the heart of Montreux's old town, this charming little building, built in 1868 and comprising 3 studios, is ideally located in the heart of Montreux's old town.

It's ideally located in a quiet area just 5 minutes' walk from Montreux's famous quays and shops, with the Planches train stop on the Montreux-Glion-Naye line just 1 minute away.

Both the first-floor and attic apartments are rented on a year-round basis. The attic apartment has been renovated in the last 10 years, while the 1st floor apartment is in good condition but could use a refresh.

The 2nd floor apartment has been fully renovated and requires no further work. It is currently rented out as an Air Bnb. The Air Bnb rental, with an occupancy rate of 52% over the year, brings in a gross income of CHF 20,000.00. An annual rental of around CHF 12,000.00 could be envisaged in the form of a standard lease.


Work carried out

2022
- Roofing
- facade
- tinsmithing

2020
- 2nd floor studio, sanitary facilities, flooring, wall cladding, kitchen
- Heat production and distribution
- Sanitary pipes
2017
- windows
2000
- electrical distribution


Housing distribution

- First floor:
Building entrance, laundry/boiler room, cellars

- 1st floor:
Studio apartment rented at CHF 750.- charges CHF 110.00, approx. 25m2

- 2nd floor :
Studio rented under AirBNB, gross income, 0occupancy rate 52%, CHF 20,000.00 ( before cleaning and Air BNB commission). Standard rental potential of approx. CHF 12,000.00, if rented with a standard lease.

- Attic :
Studio rented at CHF 860.00, plus charges CHF 130.00, approx. 30m2

GROSS ANNUAL RENTAL INCOME:
Year-round apartments: CHF 19,320.00
Apartment rented AirBnb: CHF 20'739.00
Total CHF40'059.00
Net income CHF 36'939.00

Estimated operating expenses: CHF 4'570.00

You are invited to our open house on June 21, 2023 from 3:00 pm to 5:00 pm. Our team will be happy to provide you with further information.