Project of the penthouse renovation

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Quick Summary

Property Description

The commercial object with a surface of 800 m2, consists of residential and commercial parts and requires the renovation. The building is favorably located in the center of Evian, on the second line of the waterfront, in 5 minutes walk from the central casino and administration.

The excellent transport accessibility, close to all infrastructure facilities: shopping and commercial centers, banks, hotels, post office. The project has a permission to build an additional penthouse with surface of 200 m2.

 

The building will consist of :

 

-14 apartments, which are rented out with an opportunity to increase the rental fee after the reconstruction

 

– 3 commercial kiosks which are not rented

 

Rentability – 4,5%