Commercial in city Milan
800.00 sq.m.

€ 600 000

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Investment property - Residence
it is Offered for sale residential complex - five-storey building with lift, Parking, located a 15-minute walk from the centre of Novara (120 thousand inhabitants, the second largest in the Piedmont region after Turin, about a forty minute drive from Milan). The building was constructed in 1980, total area 800 sq. m., divided into 25 apartments (20 two bedroom and 5 one-bedroom), each of which has a balcony and private bathroom. There is a Laundry room in the basement. Has 10 Parking spaces and 3 garages. Since the commissioning of the building used as the residence for short term rental from one week and more and has necessary furniture and equipment. Annual income from renting from 130000 Euro, which is documented. On the roof of the building is a cellular communication antenna, the income from which is 7.000 euros per year. If desired, you can change the appearance of activities under the delivery for long term rent in the form of a contract 4 years + 4 years. This is a good opportunity to make a successful investment in real estate, providing stable and high income. Currently the building is in good condition and well maintained.

Novara is the second largest city of Piedmont, on the river Agogna. Is the administrative center. The center of religious life is the Cathedral (piazza della Repubblica), built in neoclassical style according to the project of Alessandro Antonelli in the XIX century on the basis of a more ancient temple, probably dedicated to the God Jupiter. Inside the Cathedral paintings Gaudenzio Ferrari, Bernardino, Lana and Callisto Piazza. Near the Cathedral is a complex of medieval palaces of the Broletto is the center of political life in ancient Novara, the time of the free communes. The largest square is piazza Martiri della libertà, where stands the statue of Victor Emmanuel II, first king of Italy, crowned in Novara. On the square stands the castle of the Visconti-Sforza.

The district has well developed infrastructure. All the necessary shops are also located nearby. Many opportunities for walking, for example in a green Park Edoardo
Lenta. Railway station – Trenitalia and Trenord (Novara - Milano)

The distance
The distance to the Airport Malpensa – 31 km, Milan - 49 km, Como - 77 km.
The distance to the motorways A4 (Milano-Torino) 3 km from the A26 (Genova Voltri – Gravellona Toci) – 15 km.

Additional services:
- Verification of legal purity
- Legal support of the transaction with a guarantee of receiving all documents of title
Travel: Booking flight tickets at the lowest price
- Post-sales service solution to any issues servicing the real estate

Seller information

Seller type Agency
Company Red Feniks

Location of the property on the map

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