Geneva, Beautiful apartment - Occupied life annuity

CH-1202 Genève

CHF 963'000.-
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Characteristics
Description
Conveniences
Situation

Characteristics

Characteristics

Category
Condominium apartment
Reference
#5197618
Located on floor no.
Upper ground floor
No.of floors
5
Number of rooms
2
Number of bedrooms
1
Number of bathrooms
1
Living area
64 m²
Terrace surface
14 m²
Year of construction
2012
Heating system
Heat pump
Domestic water heating system
Heat pump
Heating installation
Floor
Availability
No info
Life estate
Yes, busy
Lump sum
CHF 963'000.-
Parking available
Yes, obligatory

Number of parkings

Interior (incl.)
1

Contact for visiting

Savinter SA
Address Boulevard Georges-Favon 3
City 1204 Genève
Phone +41 22 319 06 25

Description

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

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

Location

CH-1202 Genève

Distances

Public transports
62 m
Stores
260 m
Post office
230 m
Park / Green space
540 m