Villa 8 rooms

1820 Montreux
410 m² • 8 rooms
Evolution of mortgage rates

Exceptional property

"English below"

Welcome to this exceptional property steeped in history, located in Chamby, formerly known as "Pension de La Forêt", or Le Narcissus, where even the famous writer Ernest Hemingway stayed in 1922.

This residence, built in 1895, was completely and tastefully renovated in 2009, offering a harmonious blend of old-world charm and modern comfort, thanks to the use of high quality materials.

Owners are willing to sell the property under bank valuation and with closing times of up to 3 years at a very low interest rate of 1.5% per annum, if a sufficient deposit is paid.

Property Features:

6 spacious bedrooms
8 elegant bathrooms
A spacious living room, ideal for relaxing with family or friends
A generous outdoor space including a hot tub and barbecue area, perfect for outdoor social gatherings
A detached garden house to renovate, with stunning views for an inspiring office.
Breathtaking view of Montreux Bay and the majestic Lake Geneva on 4 different levels, 2 terraces, 1 balcony and the lawn.

The property offers 440 square meters of habitable space and 550 square meters of usable space, with a total volume of 1772 cubic meters.

You also have 7 parking spaces to accommodate your guests or family.

A unique feature of this property is its independent entrance, offering the possibility of dividing the space into a second 4-room apartment or even into 2 independent apartments of 2 rooms each and 2 studios.

The PGA for the area historically permitted a ground floor extension of 140 square meters (a 100 square meter extension was approved in 2012). However, a change to the PGA in 2017 saw the construction of 12 new apartments, each with a 60 square meter terrace and underground parking. The total value with the views and ease of transportation would be around $20 million. However, the PGA is on hold and resolution will take approximately 2 years. At that time, the owners will be able to extend the house or divide it into 8 apartments with an extension or a new construction of 12 apartments.

This makes the property particularly attractive as an investment, sought after by an increasing number of tourists visiting the area.

Whether for winter sports, with direct train access to Gstaad (40 minutes from the slopes of Rougemont) or other nearby ski resorts, or for the famous Montreux Jazz Festival during the summer , this property offers exceptional rental income potential.

If you are looking for a property combining history, elegance and strong rental income potential, do not miss this unique opportunity.

Contact us today to arrange a viewing and discover for yourself the charm of this exceptional residence and the exceptional financial opportunity that comes with it.

Welcome to this exceptional property steeped in history, located in Chamby, formerly known as the "Pension de La Forêt," or Le Narcissus where even the famous writer Ernest Hemingway stayed in 1922.

This residence, built in 1895, was completely tastefully renovated with high-quality materials in 2009, offering a harmonious blend of old-world charm and modern comfort.

The owners are prepared to sell the property under bank valuation and on long completion terms of up to 3 years at very low interest 1.5% pa if a sufficient deposit is paid

Property Features:

6 spacious bedrooms

8 elegant bathrooms

A spacious living room, ideal for relaxation with family or friends

Generous outdoor space including a jacuzzi and a barbecue

Further information

1772 m³
1254 m² (surface areas)
470 m² (usable areas)
Built in 1895
Renovated in 2009
Available on request
Reference 1147588

Equipment

View
Parking
Balcony

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This property is proposed by

Froidevaux Immobilier SA
Boulevard de Grancy 32
1006 Lausanne