Residentia is pleased to announce the purchase of a residential building. The property, which was built in the late 1970s and is composed of 35 apartments and 2 offices, is located in a pleasant residential area in Lugano. Close to the commercial district and to the main roads, it offers an interesting housing mix. The estate has a current rentability of more than 5.60% and a significant margin in terms of property revaluation.
For more information please click here: http://www.residentia.ch/en/the-properties/properties-lugano
This purchase represents the fulfilment of the first in a series of projects planned during the recent capital increase. More news and confirmation will follow.