Total investment
Transaction costs are not included
Profitability
The property's Pluses
Neighborhood life
Arcella
An attractive investment opportunity in Padua’s Arcella neighborhood, a dynamic and rapidly evolving area that combines residential living, amenities, and excellent connections to the city center. The property represents an excellent investment opportunity, thanks in part to its proximity to and easy access from the main campuses of the University of Padua.
Apartment details
We are offering for sale an attractive package consisting of 5 apartments currently leased through Joivy, located on various residential streets in Padua (Via Schumann, Via Beethoven, and Via Mendelssohn), ideal for investors seeking a property that offers immediate income and long-term stability.
The properties, located on the first, second, and fourth floors, range in size from approximately 114 to 171 square meters and feature spacious, well-organized layouts. The units are currently configured for multiple tenants and include 5 or 6 bedrooms, a living area with a kitchen, and bathrooms, making them particularly well-suited for the rental market.
The total value of the package is €916,000, with an annual income guaranteed by Joivy of €51,400, which corresponds to an average gross return of approximately 5.6% per year.
The existing lease agreements ensure continuity and investment security, making this opportunity particularly attractive for those looking to diversify their portfolio and generate a stable cash flow.
The package includes:
- 2 units at 14 Via Roberto Schumann (6 bedrooms, with garage)
- 1 unit at 3 Via Ludovico Beethoven (5 bedrooms)
- 2 units at 1 Via Felice Mendelssohn (5 bedrooms, with garage)
Building details
Energy Efficiency
Apartment status
Work details
Layout Changes
Renovation aimed at maximizing interior space by making every corner of the apartment marketable and usable, divided into private and common areas.
Facilities
The electrical system is made in a workmanlike manner according to current regulations with relevant certification, ensuring quality, safety and durability over time.
Plumbing is carried out in a workmanlike manner, according to current regulations, using materials and methods designed to optimize daily water consumption.
The heating system is underfloor, following innovative market trends and the latest technologies to ensure high thermal comfort ,with a focus on energy saving.
The apartment's air conditioning system is ducted to ensure high thermal comfort while minimizing visual impact, thus combining aesthetics with functionality.
Thermal insulation
The interior doors are new, made of neutral colors and appropriate material to ensure excellent sound insulation, combining functionality with aesthetics.
The main door is of the armored type, to ensure maximum security.
The existing window frames have undergone a renovation, in line with the entire apartment, to increase the thermal comfort of tenants.
New interior plasterboard walls feature a layer of rock wool to improve thermal and acoustic performance. The perimeter walls have been insulated to thermally efficient the performance of the apartment, greatly abating consumption costs.
Coatings
Existing flooring was preserved following maintenance, cleaning, and/or adjustment where necessary, depending on the type of flooring (if parquet, laminated; if marble, plumbed and polished).
The finishes were designed and executed to make the apartment homogeneous, uniform and cozy, carefully choosing materials based on quality and durability.
Lighting
The lighting is specially designed to make the environment cozy and relaxing, with warm and soft light plays. Completing the lighting is the inclusion of designer light fixtures that contribute to the enhancement of the apartment.
Furniture details entered
Living area
Clean, essential lines characterize the living area, with neutral colors juxtaposed with vibrant touches of accessories that make the environment fresh and modern.
The living area consists of a TV corner that includes a sofa/armchair and low coffee table, and a small dining area.
Kitchen
The kitchen area consists of simple, practical and elegant solutions. The materials are designed to counter daily wear and tear. It consists of all necessary appliances (microwave oven, dishwasher) to meet all needs, assisting functionality and aesthetics.
Sleeping area
Neat and tidy compositions characterize the sleeping area, creating an ideal environment for relaxation.
The sleeping area consists of a double bed and a closet suitable for storing all the tenant's personal belongings; the room also has a desk and a luggage rest paneling, as well as a television.
Bathroom
Floor-level flush toilets for cleanliness and chrome faucets make the bathroom a comfortable and functional environment. Neutral colors of tiles on walls and floor complete the environment.
Lease details
Joivy's presence as a professional conductor or manager ensures:
- a certain and secure income
- zero risk of delinquency or turnover
- An increase in the value of your investment over the years.
Type of contract
lease
of management
contract.
Economic Summary
* Plus statutory charges, transaction and brokerage costs.
