REMAX House Business - Ferrara Via BolognaPierluigi Donin
€890,000
Industrial warehouse for sale in Ferrara, Via Modena
Via Bongiovanni
0 rms0 rooms1k+ sqm3400 sqm0 baths0 bathrooms
Building for sale in Ferrara, Centro storico
Description
The property
Income-generating university residence in central Ferrara – an investment with a yield close to 5%.
In the center of Ferrara, we offer an interesting student housing opportunity: an entire property already rented, operational, and capable of generating income from the moment of purchase.
The property comprises approximately 900 m² of retail space, spread across the basement, ground floor, first floor, and second floor.
The property has recently undergone a major renovation.
The property comprises 23 rooms, including 20 bedrooms, currently divided into 17 singles and 3 doubles, for a total of 23 beds. It also features 8 bathrooms, a large communal kitchen, two study areas, numerous terraces serving the bedrooms, an elevator, and covered parking spaces in the basement.
The heating is underfloor with zone thermostats, while cooling is provided by heat pumps with a multi-split system.
The property is leased under a long-term contract to an institutional tenant active in the student accommodation sector. The investment offers an initial gross yield of approximately 5%, with ISTAT adjustments contractually stipulated.
The facility is a university residence managed by a leading foundation. Student access is through a competitive application process, and the accommodations are complemented by dedicated services, including heating and cooling, regular cleaning of common areas, Wi-Fi, maintenance, laundry, an elevator, a shared kitchen, and study rooms. Management is also enhanced by cultural and educational initiatives, making the campus more than just a place to stay, but a structured program for welcoming and supporting students.
An operation aimed at the investor who is looking for: An already profitable and operational property; an immediate cash flow; a long-term lease; an institutional tenant; exposure to the student housing sector; a large property in the center of Ferrara; no time and cost required to start a new management. Price: €1,700,000 Contact us for further information.
Why buy a 23-room apartment in Centro storico
This remarkable property in the heart of Ferrara’s historical center presents an exceptional opportunity for discerning buyers. Spanning an impressive 900 square meters across 23 rooms, this spacious building is meticulously maintained and offers an ideal blend of classic architecture and modern functionality. With eight bathrooms, the layout ensures ample convenience for both residents and guests, making it perfect for a variety of uses, from luxurious private living to an elegant boutique hotel or a high-end office space. The property benefits from an abundance of natural light, enhancing its already generous dimensions and creating an inviting atmosphere throughout. Its excellent condition means that the new owners can move in or start their business operations without the need for extensive renovations, allowing for immediate enjoyment of the space. Situated in a prime location, the property boasts access to a wealth of services and amenities. The vibrant historical center of Ferrara is known for its cultural richness, with charming shops, delightful cafes, and exquisite dining options just steps away. Public transportation is easily accessible, connecting residents to the wider region, making commuting and travel straightforward. Additionally, the area is home to several green spaces, providing serene spots for relaxation and recreation amidst the urban hustle. Living in this prestigious area offers a unique lifestyle characterized by a blend of historical charm and modern conveniences. Residents will enjoy the vibrant community atmosphere, rich cultural experiences, and the opportunity to immerse themselves in the local heritage. This property not only serves as a beautiful living or working space but also embodies the essence of life in Ferrara, making it a truly compelling investment.
Amenities
900 m²
23 rooms
8 bathrooms
Ottimo
Floor 11
Map
Map
Nearby points of interest
No points of interest loaded for this category
Piazza Giuseppe Verdi, Ferrara (Ferrara)
Energy Efficiency
B
Energy class B
Mortgage
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Term (in years)
Down payment
€340,000
Mortgage amount
€1,360,000
Monthly payment (estimate*)
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Representative example: The figures shown for instalments, interest, principal and duration are estimated by 24MAX as of today on the basis of the reference rates (EURIBOR, ECB, EUROIRS), are to be considered merely indicative and do not constitute an offer from the Notarising Institution. The granting of the mortgage and the proposed terms are subject to the assessment and approval of the disbursing bank based on the client's financial profile. The APR calculation is performed independently by 24MAX according to the criteria set out in the provision on the transparency of banking and financial transactions and services of Banca d'Italia dated 29 July 2009 and subsequent amendments. Under current regulations, the client will receive the documentation on 'Home Loan Information' and the “European Standardised Information Sheet (ESIS)” before signing the contract to review the definitive clauses and conditions of the mortgage; they may also consult the Trasparenza page for information sheets and other banking transparency documents. To identify the financial solution best suited to your needs, please contact one of our consultants.
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