🏗️ Lugano – Investment Property with Outstanding Redevelopment Potential

Located in one of Lugano's most sought-after residential districts, just a short distance from the Civico Hospital, this attractive apartment building represents a rare opportunity for investors, developers and real estate companies looking for a project with significant value creation potential.

The property is ideally suited for a conversion into condominium ownership (PPP / Condominium Units), followed by the individual sale of each apartment, offering an excellent opportunity to maximize the property's market value and generate substantial capital gains.

The building stands on a 1,369 sqm plot and offers approximately 1,140 sqm of gross floor area (GFA). It comprises three above-ground floors, two semi-basement levels and basement storage areas.

Property Layout

• 6 apartments with 3.5 rooms (approx. 90 sqm each)
• 4 apartments with 4.5 rooms (approx. 125 sqm each)
• 10 covered parking spaces
• 5 outdoor parking spaces

The property is fully leased, generating a net annual rental income of CHF 182,088, allowing the future owner to benefit from immediate cash flow while planning and implementing the redevelopment strategy.

Another key advantage is its prime location in one of Lugano's most desirable residential neighborhoods, close to the city center, the Civico Hospital, schools, public transportation and all essential amenities.

From the second floor upwards, the apartments also enjoy beautiful views of Lake Lugano, a feature that will further enhance the appeal and market value of the future condominium units.

An Investment Focused on Value Creation

The combination of:

• a prime residential location,
• spacious apartments,
• lake views from the upper floors,
• a fully occupied building with immediate rental income,
• 15 parking spaces, and
• exceptional potential for condominium conversion,

makes this property an outstanding opportunity for investors seeking to unlock significant added value through a condominium subdivision and the subsequent sale of the individual apartments.

Key Facts

📍 Lugano – Civico Hospital District

📐 Land area: 1,369 sqm

📏 Gross Floor Area (GFA): approx. 1,140 sqm

🏢 10 residential apartments

🚗 15 parking spaces

💰 Net annual rental income: CHF 182,088

💵 Asking price: CHF 6,600,000

A unique investment opportunity in the Lugano real estate market. The true strength of this property lies not only in its current rental income, but above all in its outstanding redevelopment potential through condominium conversion and the profitable resale of the individual residential units.