I have visited this house in Lausanne on Friday that will be sold an an auction soon. This quite a small house with 2 apartments (rented for about 2900CHF together) and another piece of land where you could build a house.
Off course if could be a good deal if the house goes for a low price, which is probably an unlikely event. I put it out there because those kind of objects are rare in the region. My calculation show that even for 1 million that would be a good deal as the constructible land is estimated at 400’000 CHF, that would put the house at (12 * 2900 / 600000) = 5.8% annual yield which I understand is pretty good.
Any thoughts? Are my calculation off? I myself don’t have large enough shoulders to put so much money on the table so I figured why not sharing with the community?