28 sqm studio, Bovisa, Tram 1 to City Center

Purchase Price 105.000€

Currently Rented At 6.000€ per Year
Investment Details
Purchase Price
105.000€
Currently Rented At
6.000€ per Year
Currently Yielding
5,71%
Current Payback
17 Years

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Purchase Details
  • Purchase price: 105.000€
  • Commission: 2,5% + vat of the purchase price
  • Forecasted transfer taxes as private buyer: up to 11.100,00€
  • Forecasted transfer taxes as corporate buyer: 11.100,00€ including 10.600,00€ VAT
  • Additional tax incentives may apply. Please contact us for an exact purchase tax quote.
Rent Details
  • Currently generating: 7.200€ per year, out of which 6.000€ rent and 1.200€ condominium expenses
  • Currently yielding: 5,71%
  • Payback period at current rent price: 17 years
Reference Number

493i




Property Details
28 sqm
1 Bedroom
1 Bathroom
Studio
Furnished
Kitchen appliances
Kitchen utensils
A/C
Wifi
TV
Portier
Balcony
Apartment

A stylish and cozy studio that will be perfect for one or two student tenants. The apartment welcomes you with a modern, fully equipped kitchen, sitting alongside a cleverly separated lounge area. The living space may feature a kingsize bed or two single beds, letting you rent the apartment to one or two tenants. The apartment also comes with a clean bathroom and a storage room. The apartment also features centralized heating, air conditioning, and water installations, as well as a common laundry area, a dedicated basement, and the possibility to buy or rent parking spots.
Address

Via Michele Pericle Negrotto, 15, 20156 Milan

Area

The stunning building sits in a beautiful, quiet street that's surrounded by trees; letting your tenants spend their studying or relaxing days in peace, while living just a short walk away from the Bovisa and MIP campuses. The calm area provides everything that one might need, with countless supermarkets, cafes, bars, and large parks at the doorstep, making the area a unique oasis in busy Milan. Travelling to the historical city center of Milan could not be any easier, with tram 1 stopping very close to building, and taking one straight to Duomo; while the regional train station of Villapizzone will let one explore nature and cities outside Milan with just the same ease. The area is currently one of Milan's rare, underdeveloped areas, with future construction and infrastructure projects making your investment sure to appreciate in value and letting you easily obtain a higher rent price.

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