2 bedrooms apartment, 160 m²

Gravedona ed Uniti, Como (province)

Lake Como

Lake Como Gravedona ed Uniti - Directly on the lakefront – 160 sqm space to be converted into two apartments
In a prime and highly central position, directly along the lakefront and overlooking the charming pedestrian street of the historic village, we offer for sale a commercial unit of approximately 160 sqm located on the ground floor, with the possibility of converting it into two independent apartments of about 77 sqm and 83 sqm.

The generous glass openings – one of which enjoys a partial lake view – ensure exceptional natural light and allow for an easy and functional internal division. Both units could be designed with a bright living area and open kitchen, two bedrooms and one or two bathrooms, creating comfortable and modern homes in one of the most desirable locations of the Upper Lake Como.
The asking price is €225,000, already reflecting the potential future renovation of the roof and façades currently under discussion within the condominium.

The estimated cost for a complete renovation is approximately €150,000, including new triple-glazed PVC windows, two independent heating systems, full bathroom and electrical installations, insulated internal walls, suspended ceilings, acoustic separation between the two units, new flooring and finishes, as well as all design and technical fees.

This represents a particularly interesting investment opportunity. With a contained overall budget, it is possible to create two brand-new apartments in the heart of the lakefront area — ideal for high-yield holiday rentals, long-term residential leasing, or as a resale project with excellent profit potential thanks to the outstanding central location.

The building consists of only four units and benefits from a shared rotating parking area at the rear. Heating is independent (methane gas), annual condominium expenses are approximately €1,200, and the property is compliant with building regulations, with habitability dating back to July 15, 1970. No works have been formally approved yet; a possible roof and façade renovation is being discussed, with an estimated total cost of €60,000, of which approximately one quarter would pertain to this unit.

Rif.A049-1