Milano, two-room apartment La Foppa 5
Apartment, 80 sqm
Sold



+15
Start date
20/11/2017
Investment info
Risk factor
Low
Investment value
€ 630.000
ROI
3%
Mortgage payment
€ 400
Projected revenue
€ 1.639
per month
The opportunity of a lifetime:
Location
The apartment is bright and comfortable; it is located in a strategic area of the city, well connected with the city center and main tourist attractions.
Attractions nearby
Among the places of interest nearby there are the Sforzesco Castle, the Monumental Cemetery and The Last Supper.
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-LAFO5A2
Is the property furnished?
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.
How does the management company’s contract work?
The contract with the Property Manager is an annual renewable contract. After purchase you are free to keep the management contract or to end it: 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.
When will I start to collect the revenue produced by the short-term rentals?
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.
Can I use my property for personal use?
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
2 rooms, 1 bathroom
Floor
2
Total floors
6
Elevator
Yes
Heating
Independent
Energy class
G
Parking space
no
Revenues
€ 19.669
Projected annual revenue

€ 1.639
Projected monthly revenue

ROI
3%
in one year
Real estate location

Got your eyes on this gem?
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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