Milan, Veniero 27 four-room apt
Apartment, 78sqm
Sold



+5
Start date
01/02/2010
Investment info
Risk factor
Medium
Investment value
€ 400.000
ROI
6%
Mortgage payment
€ 400
Projected revenue
€ 2.000
per month
The opportunity of a lifetime:
Location
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.
Design
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-VENI27A1
How does the management company’s contract work?
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.
When will I start to collect the revenue produced by the short-term rentals?
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.
Can I use my property for personal use?
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.
Posso Utilizzare l'appartamento per uso privato?
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.
Property info
Floor plan
4 rooms, 1 bathroom
Floor
3
Total floors
1
Elevator
No
Heating
Independent
Energy class
A3
Parking space
no
Revenues
€ 24.000
Projected annual revenue

€ 2.000
Projected monthly revenue

ROI
6%
in one year
Real estate location

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