Sorengo Lugano-Sorengo (TI, Switzerland) This Document Is Confidential

Sorengo Lugano-Sorengo (TI, Switzerland) This document is confidential.

The Sorengo project The building has three floors, a basement, a bunker, a laundry room and a heating cellar. Nine furnished 2-bedroom apartments are rented out to the nearby Franklin College as student apartments. The 3.5 room attic apartment has been recently renovated. Eleven uncovered parking lots are located next to the building, as well as a small cultivated green area.

Object

Residential

Project data

Plot size: 1‘029 m2

Building area: 499 m2

Usable area: 477 m2

Room schedule

Number of buildings: 1

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Number of floors: 3 |

Number of residential units: 9

Number of parking lots: 11

Time schedule www.valorize.info www.valorize.info

| Ready for occupancy: The property is ready for sale immediately.

Project status

Landstrasse 8, 9496 Balzers 9496 8, Landstrasse

In Marketing

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Financials

valo [email protected] Selling price: CHF 2.95 mio Rental income: CHF 145’000

Gross yield: 4.90 %

Sorengo Sorengo is a municipality in the district of Vezia in the canton of Ticino in Switzerland. It includes the municipalities of Cortivallo and Cremignone. Sorengo lies on a hill between Lake Lugano and the small lake of Muzzano, which define the municipality borders. Neighbouring communities are the city of Lugano in the north and east, Collina d'Oro in the south and Muzzano in the west. Sant'Anna Clinic has been established in 1934 and since 1986 the renowned American private university Franklin College Switzerland has its seat in the municipality. From the 1950s onwards, the former rural village became increasingly a residential community in the Lugano area, which is reflected in the sharp rise in population numbers.

Sorengo Address: Via Ponte Tresa, CH-6924 Plot: 233 State: Switzerland Canton: Ticino (TI)

District: Lugano County: Vezia BFS-No.: 5225 Elevation: 430 m above sea level

Area: 0.88 km²

+423 377 19 11 19 377 +423

Population: 1‘953 (12/2015) | Density: 2‘219 /km²

Tax rate: 64 %

Website: www.sorengo.ch www.valorize.info www.valorize.info

| The property is located in Via Ponte Tresa, just a few meters from the famous Sant'Anna clinic. The property has good lighting conditions in the rooms and offers a clear view to the outside. Bus stops are within walking distance. The nearest motorway exit is only about five kilometres away. Shops for daily needs are nearby as well as various schools.

Leisure can be arranged as desired with cinemas, sports facilities, restaurants, etc., which are abundant in Lugano and Landstrasse 8, 9496 Balzers 9496 8, Landstrasse

the surrounding area.

valo [email protected]

Market analysis The renowned Brülhart & Partners SA, which is specialized in the region, assessed the project with 5 out of 6 possible points, in particular because of the housing situation and the given market conditions.

The central location, the unobstructed view, the stable and local neighbourhood as well as the proximity to Franklin College and the Sant'Anna hospital are also positive factors according to the evaluation.

The Avisium Real Estate AG also researched the location on its real estate analysis platform www.propmatch.com and published the results online. In terms of availability in the community, the website provides the following

information:

+423 377 19 11 19 377 +423

www.valorize.info www.valorize.info

Landstrasse 8, 9496 Balzers 9496 8, Landstrasse

valo [email protected]