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Rental property in the center of DorénazDiscover this 4-apartment building + 1 separate room, ideally located in the heart of the village of Dorénaz, in close proximity to amenities and transportation.

Possibility of creating a duplex by combining the 3-room apartment on the 2nd floor with the attic, subject to an investigation and the necessary permits.

Composition:

- 1 apartment with 2.5 rooms, 30 m2, rented for 900.-/month
- 2 apartments with 3.5 rooms, 48 m2, rented for 1'050.-/month and 1'350.-/month
- 1 apartment under the attic, 2.5 rooms, 25 m2, used by the owner (no permit for habitation)
- 1 separate room, 7 m2, used as an annex (no permit for habitation)

Main advantages:

- Building fully renovated in 2022
- Good general condition, no planned renovations
- Attractive rental income
- Central location, close to shops, schools, and highway access

A covered and an outdoor parking space complete this property.

This property represents an excellent investment opportunity, whether for a stable return or the constitution of a durable real estate asset.

Location: Dorénaz, a dynamic municipality in the region, offering a pleasant living environment between plain and mountain.

Dorénaz

1905 Dorénaz is located in the district of Saint-Maurice, in the canton of Valais. The population in the political municipality of Dorénaz has changed by +2.6% on average per year over the last five years, with 1,103 inhabitants (as of December 31, 2023). The tax rate is 12.8% (canton: 12.8%). Over the last five years, the construction of housing in the municipality has averaged 2.4% per year, while the current vacancy rate is 2.3% (as of June 1, 2024). Real estate prices have changed by +29.4% over the last five years (canton: +21.4%).

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David Foti
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