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Great potential for this apartment located 7 minutes from Sion

Overview

  • Apartment
    Type
  • 4.5
    Rooms
  • 100 m²
    Living Space
  • 3
    Bedrooms
  • 1
    Bathroom
  • 1
    Garage
  • 1974
    Year Built
  • 1773629
    Property ID

Description

Located in the municipality of Sion in the hamlet of Arvillard, this 4.5-room apartment enjoys a pleasant living environment just a few minutes from the city center. With good sunshine, it impresses with its stunning panoramic view over the capital and the Rhône plain.

With a gross living area of 100 m², the property is in its original condition and requires renovation. It therefore offers a great opportunity for a buyer who wishes to redesign the spaces to their taste and fully realize its potential.

The apartment currently consists of a kitchen, a large living room with access to a loggia of approximately 6 m², three bedrooms (one of them larger), a bathroom with bathtub and a separate toilet.

The property is located right next to bus stops, offering a convenient and quick connection to the center of Sion and its amenities.

The property also includes a cellar of approximately 5 m² and an attic storage room of approximately 8 m², providing additional storage space. In addition, a garage is available for CHF 30’000.– on top of the price.

Currently rented, the apartment is also of interest to investors, with a monthly rent of CHF 1’240.– (including charges and garage), suggesting great potential for optimization after renovation.

Have we sparked your interest? If so, feel free to request our sales brochure online and contact us for further information or to arrange a viewing.

What this means in Switzerland

Who may acquire this property

Eligibility depends on your residence status, not on your nationality alone.

Your situation
Swiss national, or C permit holder
No authorisation required
EU / EFTA national resident in Switzerland
No authorisation required
Non-EU national with a B permit
Primary residence only, and must be occupied
Resident abroad
Holiday home only, in a designated commune, under quota

The seller has not declared a status for this listing. Holiday-home designation is decided commune by commune, and the cantonal authority issues the binding decision.

What a Swiss bank will require

Affordability is tested at a theoretical 5% rate, not at the rate you would actually pay.

Equity (20%)
CHF 75’000
Of which outside your pension fund
CHF 37’500
Acquisition costs, Valais (2.6%)
CHF 9’750
Cash required at signature
CHF 84’750
Minimum gross annual income
CHF 67’424
Imputed monthly charge
CHF 1’854

At an indicative market rate your real monthly outlay would be closer to CHF 979. Commonly split 50/50 between buyer and seller by contract.

Can you finance it? Check with your own figures

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Savings, 3rd pillar, gifts and pension fund combined.

Enter your equity and income to see whether this property is within reach.

  • Equity incl. acquisition costs – / CHF 84’750
  • Equity outside your pension fund – / CHF 47’250
  • Imputed charge / gross income – / 33 %

360° Virtual Tour

Technical details

Key information
Separate toilets
1
Outdoor, parking and ancillary rooms
Balcony area
6 m²

The neighbourhood

Nearest public transport stop Salins, Arvillard 2 min walk

Door to door by public transport

  • Lausanne1 h 40
  • Bern2 h 25
  • Fribourg/Freiburg2 h 26
  • Genève-Cornavin2 h 29
  • Neuchâtel2 h 45
  • Zürich HB3 h 30

Weekday departure at 07:00, walking time to the stop included. Source: Swiss public transport timetable.

  • City: Arvillard
  • Canton: Valais
  • Zip/Postal Code: 1991
  • Area: Arvillard
  • Country: Switzerland

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