Three Bilo in Venice

Opportunities investment with gain 5 - 10%

Lombardy > Milano > Porta Venezia

Exterior view property Porta Venezia

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This is a 'opportunity of property investment both the ideal short term (resale) that for long term (income generation).

building features
5 - 10 %
400 - 500 k
6
3
120 m2 1291.68 ft2
12 months
Short term

Property area

The property is located in the area of Porta Venezia a Milano, close to Metro Line 1 it's at different lines of tram, a 20 meters from Porta Venezia and around 1 km from the center.

 

Property type

The plan is to turn this property 120 sq.m. across the fractionation per to achieve 3 apartments ad residential use, with a comprehensive intervention renovation and upgrading.

The realization of the expected total time is 12 months.

 

 

Selling price

The entire property is for sale for investment:

  • at the cost of € 400.000 for annuity short term;
  • at the cost of € 550.000 for annuity long term.

 

investment gain

For the Short-term annuity (purchase and resale) the gain he was born in 10%.

For the Long-term annuity (purchase and rental) the gain is 5,24%.

The rent is assumed to € 800 per month for each apartment (Monthly net of tax deductions and expenses), ie a total of € 2,400 per month for all three apartments, therefore a € 28,800 of income per year.

As a result you can aspire to a income of the 5,24% annual on investment: 28.800×100/550.000 = 5,24% (again net of condo fees).

 

 

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