Milan, Veniero 27 three-room apt

Apartment, 62sqm

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Start date

01/01/2010

Investment info
Start date

01/01/2010

Risk factor

Low

Investment value

€ 350.000

ROI

5.6%

Mortgage payment

€ 400

Projected revenue

€ 1.633

per month

The opportunity of a lifetime:

The apartment is located in the neighborhood adjacent to the Lotto MM1 stop, the Il Sole24Ore headquarters and the entrance to Fiera Milano City. An excellent starting point also to reach the EXPO site and the new Rho Fiera complex. The street is a side street out of traffic, quiet during the day and in the evening.

The unique pieces of the dining room and one of the decò bedrooms contrast with a modern kitchen with the antique teardrop chandelier. Thirties bathrooms with retro taps go well with the modern antiques table in the dining room and the minimal objects in the second bedroom.

Real estate information

Italianway is your best travel mate throughout Italy!

We rent apartments to families, globetrotters, business men & women, starting from one night up to 12 months, providing essential hospitality services.
We are travelers ourselves and we know how to make you feel at home. We select our apartments with care and furnish them to always guarantee the best quality, comfort and style.
In an Italianway house you will always find anything you need: a fully equipped kitchen, a professional housekeeping service, bed and bathroom linen a high quality courtesy kit.
Our team will support you through each phase, from booking till check-out, while you will discover outstanding cities and the most hidden places throughout the nation, like a real local.

There is nothing like an apartment to feel at home when you are away from your own.

 

Ad Reference: MI-VENI27B1

The property will be turned over with all the furnishings the property manager has been using for short-term rentals. All Buytorent properties are already holiday homes and are active on the market, as you can see by simply clicking on the image to be redirected to the main international booking sites (Airbnb, Booking & Expedia). Each home is handed over decorated and outfitted, ready to be lived in for short or long periods.

The contract with the Property Manager is an annual renewable contract. To take advantage of Buytorent’s warranty, you must utilize the management services for at least 2 years, however at any time you are free to end the management contract. In this way you would be managing the property directly or saving for your personal use, however you will be waiving any revenue you see in the property listing description.

As soon as you sign the contract giving you the rights over the property, you’ll start receiving deposits for the future stays at your new home already in the calendar. In addition to this, all the security deposits, down payments or full payments present at the time of acquisition will be transferred directly into your account.

After the acquisition, you’ll be in full possession of the property. In arrangement with the property manager, you’ll be able to use your property for 10 days a year with a notice of at least a month, if not previously agreed otherwise with the property manager.

Sanification info
Cleaning company
Ecostilla
http://www.ecostilla.com/
Property info
Floor
1
Total floors
3
Elevator
No
Heating
Independent
Energy class
A1
Floor plan
3 rooms, 1 bathroom
Parking space
No

Revenues

€ 19.600
Projected annual revenue
€ 1.633
Projected monthly revenue
ROI

5.6%

in one year

Real estate location

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Didn’t find the answers you were looking for or maybe you simply want more details on this property? Shoot us a message and one of our consultants will be in touch to start creating your investment plan.

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