Description
Right in the heart of downtown Monthey and just a short walk from all amenities, discover this 3.5-room apartment offering spacious rooms and exciting renovation potential. This property would be equally suitable for an investor or someone looking to make it their own home.
Located in a building constructed in the 1970s, this apartment features spacious rooms, plenty of natural light, and an 8 m² balcony. The unit requires renovation work, primarily in the kitchen and bathroom. It therefore represents a great opportunity for a buyer looking to renovate an apartment to suit their tastes and needs.
Currently occupied, it will be available starting in December.
The layout of the property is as follows:
- 11 m² entryway
- 9 m² kitchen
- 26 m² living room
- 16 m² bedroom
- 9 m² bedroom
- 4 m² bathroom with shower
- Separate toilet
- 8 m² balcony
Heating: connection to the SATOM district heating network.
One outdoor covered parking space additional and mandatory: CHF 15,000
Sale price: CHF 375,000.-
Apartment: CHF 360,000
Parking space: CHF 15,000.-
Condominium fees: approximately CHF 1,195.– per month, of which approximately CHF 302.– are for operating expenses and CHF 893.– are allocated to the renovation fund.
The current amount of the maintenance fees is primarily due to a significant savings effort decided upon by the co-ownership association in anticipation of future work, notably the replacement of pipes and bringing the building into compliance with fire safety regulations.
The homeowners’ association is currently continuing to build up its renovation fund in preparation for the planned work. This work could take place in 2027, subject to approval of the final schedule and decisions by the homeowners’ association.
Monthey offers a convenient and vibrant living environment, with its shops, schools, public transportation, and quick access to the highway. Its location also provides easy access to the main towns in the Rhône Valley, Lake Geneva, and the Portes du Soleil ski resorts.
Would you like more information or to schedule a tour? Contact me by phone or email, or come meet with us—by appointment—at one of our Chablais offices in Collombey-Muraz, Torgon, or Aigle. We’d be happy to assist you.
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