Residential building

CHF 2'400'000.-

1823 Glion

Rental Building "Les Hortensias"

Building composition and yield
This magnificent and charming investment property is located on the coveted heights of Montreux, in the charming village of Glion.

Boasting spectacular panoramic views of Lake Geneva and the Alps, it offers a rare and highly sought-after living environment.

Combining charm, heritage potential and attractive returns, this building is an ideal opportunity for an investor wishing to acquire a quality property in an exclusive setting.

The building consists of 4 spacious apartments, all benefiting from private outdoor spaces, as well as 5 outdoor parking spaces.

Building composition
- Lower ground floor: 3.5-room apartment of approximately 90 m² with terrace and private garden of 150 m²
- Upper ground floor: 4.5-room apartment of approximately 110 m² with terrace of 45 m² and private garden of 50 m²
- 1st floor: 4.5-room apartment of approximately 110 m² with terrace of 45 m² and private garden of 50 m²
- 2nd floor: 5.5-room apartment of approximately 110 m² with balconies totaling 12 m² and private garden of 40 m²

All apartments are rented, immediately providing a stable and secure rental income.

Rental status
The current annual net rental income amounts to:

CHF 99'000.- net / year
Based on the currently desired selling price of CHF 2'400'000.-, the building offers:

- a gross yield of 4.6%;
- a net yield of 4.13%;

The property also presents interesting potential for rental value appreciation in the medium term, in a market where demand for this type of property remains particularly strong.

 

Works and renovations
The building has benefited from numerous important renovations and improvements over the years, making it possible today to offer a perfectly maintained and attractive property for tenants.

Main works carried out:

  • 2012: replacement of windows and modernization of the boiler room
  • 2016: remediation of the basements and roof repair
  • 2017: renovation of the facades, replacement of radiators and complete renovation of 3 apartments (floors, kitchens and bathrooms)
  • 2018: renovation of the stairwell, electrical upgrades to standards, installation of an intercom and replacement of common doors
  • 2023: complete replacement of the building's boiler
  • 2025: complete renovation of the apartment on the 1st floor
Regular and rigorous maintenance has constantly been ensured, guaranteeing an excellent general condition of the building as well as appreciable technical longevity for a future buyer.

Further information

Built in 1951
Renovated in 2025
Available on request
Reference 1757506.19ef6272-60dd-11f1-871a-069ae14c7a06

Equipment

Parking
Balcony

This property is proposed by

R-éal Suisse SA
Rue du Lac 41
1815 Clarens