Villa for sale in Zurich

Apartment block in the city of Zurich with land reserve

Transaction Overview

The ‘8032 Zurich“  transaction is one of the few opportunities to acquire a high-quality residential property with land reserves and correspondingly excellent development potential in a prime location in the city of Zurich.

Background

• The residential property in 8032 Zurich is presented in detail in this information brochure.
• The property is privately owned and is being sold for strategic reasons.

Transaction process

• The asking price is CHF 10,500,000.00.
• There will be no bidding process. Interested parties whose bid is outbid will be given a one-off opportunity to increase their bid.

Market information – Macro-location

General location factory

Zurich is Switzerland’s largest city, with steady population growth and very high purchasing power. Situated at the heart of Europe, the city of Zurich is a key location for numerous highly profitable sectors

Home ownership

The average asking rent (net) for rental flats is CHF 345 per m² per year, 82.5% above the national average of CHF 189 per m² per year. The vacancy rate for flats in multi-family buildings averaged 0.2% over the last five years, well below the Swiss benchmark of 2.0%.

Conclusions

According to Wüest Partner’s location and market rating, Zurich is considered a location with excellent quality for residential use (5.0 out of 5.0).

Market information – Micro-location

Highlights

The property is situated in a prime location in Zurich, in District 7 in the Hottingen neighbourhood, and is easily accessible by both private and public transport. Shopping and dining options, as well as various tram and bus stops, are within easy walking distance.

Distances

Information about a property

Address:  8032 Zurich

Year of construction: 1925

Rental area: 355 m²

Land area: 776 m²

Net rental income: CHF 149,400 p.a. (1-year temporary use)

Building volume: 1,540 m³

Heating: Gas heating

Heat distribution: Radiators

Floors: 5 (potential conversion of the attic)

Building land reserve:  available