Services in Lugano

€ 20,000,000

Description

New modern Business Centre in the centre of Lugano
The new, multifunctional Business Center of 1450 sq.m. is ideally situated in the centre of Lugano, in a respectable district of Paradiso, on the shore of Lake Lugano.

This building of the next generation represents the unique combination of quality, innovation, steady income and future capitalization to the potential investors. It harmoniously fits with the traditional style of the beautiful Italian part of Switzerland.

The unique location ensures a high standard of infrastructure: schools, restaurants, supermarkets, sport centers, a marina and a port are all nearby. The Business Centre has excellent transport accessibility and a convenient access to the highway.

This exclusive project was implemented in 2013 according to exclusive architectural design using the latest energy-saving and construction technologies (Minergie etc.) as well as the highest quality materials in the construction and decoration.

The multifunctional business center includes 7 floors with an area of 210 m2 for each one. The building owns 16 parking spaces on the underground parking and 24 places on the lot in front of the building.

The numerous facilities ensure the highest level of comfort, such as the technologies of new generation with computer control, large panoramic windows and spacious terraces providing an abundance of sunshine and stunning views of the lake and surrounding area. The sophisticated design, beautiful bright interiors and high security guarantee the ideal conditions for a comfortable stay and business.

Interior:

• The modern design and flexible construction of the «Open Space» can be quickly adapted to the buyers’ and tenants’ individual needs.

• Office and commercial spaces can be easily transformed into apartments.

• Exterior of the building and interior finishing are entirely made with using the highest quality everlasting materials, such as glass and stainless steel.

• The several parts of the building are constructed from the special glass with perfect geometric shapes and features a unique insulation, which eliminates corrosion and wear out.

• The almost zero-consumption of the external electrical and thermal energy provides the independence from external resources.

• All life-support systems are completely controlled by the computer system. Moreover, every floor can be controlled independently, both inside the building and from a distance.

• The energy-efficient ventilation system and independent geothermal heating, together with solar battery, provide the high level of comfort at any time of the year.

• The building lighting system is based on the LED lamp technology, allowing for a lower consumption of electricity whilst offering bright interiors.

The advantages of this investment object:

Prime location in one of the most prestigious and dynamic districts of Lugano, high demand from the potential tenants, excellent financing conditions provide an excellent opportunity for development and determine a high investment potential of this project.

Surface areas:
Surface of the building– 1450 m2
Number of levels – 7
Number of parking spaces – 40

Price and rentability:
Price - 20 000 000 CHF
Potential rent ability - 5-6%
Potential return on invested capital (60% loan) - 12,5%

The possible objectives for use of the building:

1. The leasing of the office spaces to the international or local companies. Currently, there are preliminary agreements with a number of companies which are interested in renting office spaces in the building.

2. The direct use of the commercial spaces by the owner for placing an own office.

3. Transformation of the office spaces into residential apartments with a view to their subsequent resale or rent.

4. The leasing of the commercial spaces for the shops, boutiques, expositions.

Financing:
Personal contribution - from 40 %
Mortgage - till 60%
Repayment terms - 20 years
Interest rate – 2,1-2,8 % p.a., monthly, quarterly or annually

Additional Information:
This object is allowed for sale to the foreign buyers.






Property details

Type of location
City center
Rooms count
30

Location

Lugano

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