Modern Loft
Opportunities investment with gain 6 - 9%
Lombardy > Milano > Porta Romana
This is our proposal of long-term investment real estate.
The property Modern Loft it's a loft 60 sq.m. high commercial value located in Porta Romana, close to 'Bocconi University of Milano.
We acquired and transformed completely, revaluing it with interventions renovation, furniture and equipment.
The house is for sale for investment and revenue Recommended is the long-term (income generation), with the possibility of obtaining a annual gain of over the 6% generated rent.
With the formula of short term rentals the gain can climb over the 9%.
The work was completed at October 2017 and the property will be handed soon all'uso.
building features
Property area
We are in Viale Lazio a Milano, in Porta Romana, an area well served by transport and shops, with a good life quality and close to 'University Bocconi from Milan.
So we are in a location to high commercial value and to protect from devaluation real estate.
Property type
The property is a loft of 60 sq.m., placed inside a context stately with service reception.
It is composed as follows: entrance with large living area, kitchen to view with double exposure, Night-room area, living room living, study area e bathroom.
acquisition method
We have acquired through a 'real estate auction as premises at warehouse office.
Renovations
From the property originally we got an A3 Loft 60 sq.m. (two rooms + bathroom) from a 'splitting operation and we made the change of use to residential with adaptation of plants under.
Then we conducted a complete intervention restructuring and upgrading to revalue, with subsequent work of furnishings e kit.
In the first phase of construction we have created new foundations and crawl spaces, as sewage and plumbing, the electrical installations and the installation of ducted air conditioning with heat pump.
In the second phase we proceeded with the realization of the various spaces, creating a particular countertop double height: in the upper part there are the wood inserts and LEDs inside perimeter, in the lower part of the LED bars with hot light to create three zones light. All LEDs are remote-controlled and adjustable distance.
We later arranged the loft with elegant and functional elements such as elegant furnishings, the parquet e i sanitary suspended, and we have adopted a security system alarm, security door personalized and double glasses.
The environment created leaves ample room for customization by those who will live.
here is the rendering design showing the preview of Modern Loft.
The period Total for its complete realization (acquisition, restructuring and furnishings) It was 14 months.
The delivery Property ready is scheduled for December 2017.
Here are photo dell'property ready.
Strengths
It is in a zone with services, ad high commercial value, where there is high demand for housing units in small denominations hardly findable in.
Will be delivered furnished and equipped, then soon all'uso, since it does not require any additional work (also convenient for those who invest at a distance).
It is referred to as property income to be made that the investor can ensure gain of over the 6% (longer rentals) O more than 9% (short term rentals).
Selling price
The cost is € 285.000.
investment gain
The revenue profitable ideal is the long-term (income generation): could be rented in a short time as it is located in the central area high residential value.
The speculated price, according to a market research, and of € 1,200 per month net of service charges (ie an income of 14.400 € all’anno).
As a result you can aspire to an income of 5,05% on investment: 14.400×100/285.000 = 5,05%, again net of condo fees.
Whereas for the first 10 years you can use the fiscal detraction of the 50% on income tax income to break down the rate tax (20%), and thus do not bear the cost, the revenue It will be of about 6,06%.
The condominium fees I'm from 950€ per year, inclusive of all (reception, heating, etc.).
As regards the extraordinary expenses most of them is already was paid (roof, facades, boiler, etc.), then there will be in the future additional costs.
For this we can to guarantee as much as possible the percentage of gain estimated.
By adopting the formula of short term rentals one could hypothesize a revenue of the 9/10% (data derived from direct experience in the field of short term rentals).
Costs related to state taxes (IMU, tarsu, etc.) They are offset by the real estate value over time, Milan being a strong element of safety to that effect, especially in an area like this.
The data reported are "estimates". These assessments are based on our experience and on the many real estate transactions carried out during the years, so very true, but on which we can not guarantee a priori a mathematical certainty.
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