New

Detached villa divided into 5 units: ideal investment in Velate

€445,000
  • 4 Bedrooms
  • 5 Bathrooms
  • ~271 m² Total surface
  • ~249 m² Living area
  • ~1,100 m² Plot surface

Description

Nel rinomato and quiet district of Velate, surrounded by greenery and just a few minutes from the center of Varese, we offer for exclusive sale an extraordinary detached house, ideal as an investment opportunity. The property, featuring a solid and independent structure, is arranged over three above-ground levels and is surrounded by a private garden of approximately 1,100 sq m. The building boasts a layout ideally suited to the rental market, as it is already inherently divided into five separate residential units, each fully self-heating. The presence of independent systems is a major added value for an investor, as it drastically reduces shared management costs and allows for clear, separate allocation of consumption to each individual tenant. The internal layout includes a spacious three-room apartment on the raised ground floor with direct access to the garden and, on the upper floors, two well-distributed one-bedroom apartments and two studio apartments, one of which is enhanced by a usable balcony. Thanks to this division into five independent units, the property makes it possible to maximize overall rental yield by spreading vacancy risk across multiple independent rents. Historically, all apartments have always been continuously rented with excellent results and strong demand from the local market. Based on the rental history of these units and in relation to the purchase price, the transaction delivers an estimated gross annual return of around 6%. This is a highly significant percentage for the Varese real estate market, capable of ensuring a steady and immediate cash flow. Supporting the functionality of the complex, the property also includes two garages and five cellar rooms on the basement level, perfect as appurtenances to be assigned to individual tenants to increase living comfort. The versatility of the structure allows for immediate income use or, alternatively, a future partial reconfiguration into a prestigious multi-family residence or a single large single-family villa. This offering represents an exclusive, high-value solution, combining the stability of real estate in a prime residential area with strong profitability.
Features
BalconyBasementBuilt-in kitchenGarageGardenGreen viewFurnished
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Engel & Völkers Varese

Property ID: W-030F6D

Property details
  • Object type

    Detached house

  • Bedrooms

    4

  • Bathrooms

    5

  • Number of Floors

    2

  • Garages

    2

  • Total surface

    ~271 m²

  • Living area

    ~249 m²

  • Plot surface

    ~1,100 m²

  • Garden surface

    ~1,100 m²

Energy efficiency information
  • Energy efficiency class

    G

  • Energy certificate available

    Yes

  • Final Energy Consumption

    287.11 kWh/m²a

  • Type of heating

    Radiator

  • Energy source

    Decentral heating, Gas heating

Location: Velate, Varese

The city of Varese lies on the shores of the lake of the same name. It is called the “Garden City” thanks to the abundant greenery found within the municipality, undoubtedly enhanced by the gardens and parks of the many villas built here. The city of Varese is in a distinctive position, at the foot of the Sacro Monte di Varese, which is part of the Campo dei Fiori Massif and hosts an astronomical observatory. Varese rests on seven hills: San Pedrino Hill (402 m), Giubiano Hill (407 m), Campigli Hill (453 m), Sant'Albino Hill (406 m), Biumo Superiore Hill (439 m), Montalbano Hill (411 m) and Miogni Hill (492 m). The municipal territory therefore ranges between 238 and 1,150 meters above sea level. Varese’s winter is only slightly affected by the moderating influence of Lake Maggiore and the other smaller lakes in the province. Late-autumn and winter minimum temperatures frequently drop, albeit by only a few degrees, below freezing. It is precisely the low nighttime temperatures that create a climate different from the areas south of this city. As in other Lombard pre-Alpine cities, fog is a rare phenomenon. Since 1960, it has been home to the only Italian campus of the European School created for the children of European officials of the Joint Research Centre. Milan Malpensa and Lugano-Agno airports are about 30 minutes away. The shores of Lake Maggiore can be reached in 20 minutes by car.

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