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Located in the heart of Meyrin, a popular commune in the canton of Geneva, renowned for its green setting, numerous infrastructures, and excellent transportation links, this package of 8 apartments represents a high-quality opportunity for a patrimonial investment.

The package consists of:

- 2 apartments with 6 rooms,
- 1 apartment with 4.5 rooms,
- 1 apartment with 3 rooms,
- 4 apartments with 2 rooms,

All apartments are currently rented for long periods, ensuring immediate rental income.

This property offers a current gross yield of around 3.5%, with an estimated improvement potential of between 5% and 6% in the medium term. Indeed, about 50% of the apartments are currently occupied by elderly tenants benefiting from the protection provided by Geneva legislation, limiting the possibilities of rent revision. The future changes of tenants will thus allow a progressive revaluation of the rents and a significant improvement of the yield.

This portfolio constitutes an excellent opportunity for an investor looking for a secure asset, generating immediate income and having a strong potential for value creation in the medium term.

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Guive Emami, MRICS
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