Geneva, Geneva 1206

FOR INVESTORS ONLY: SALE IN SIAL & LEASE IN PROGRESS We offer an exclusive share certificate of the SI CRETS-DE-CHAMPEL 30 TO 38 SA, giving an exclusive right to a 3-room apartment with a PPE surface area of 80 m2 (i.e. 5.83 o/oo of the PPE), with cellar, sold with the takeover of the current lease. As an option, an indoor parking space (Crts-de-Champel 39), rented to a different tenant, is available in addition with resumption of the current lease. Financial data as of 31.12.2023: Apartment PPE charges: CHF 577.-/month, CHF 6'924.-/year Charges adm. SI apartment: CHF 103.-/month, CHF 1'239.-/year Parking PPE charge: CHF 19.-/month, CHF 228.-/month Annual rent CHF 21, 276.-/year (2 separate leases) composed of: Apartment rent: CHF 1573.-/month, CHF 18'876.-/year Parking rent: CHF 200.-/month, CHF 2'400.-/year Apartment thousandths : 5.83 o/oo Share of the SI's capital: 10.19% Apartment price (in SI): CHF 650, 000 Parking price (optional): CHF 70, 000 The apartment will require a complete update when the tenant changes (original fittings and equipment). If you are interested in this rental investment, do not hesitate to contact us for more information. What is an SI / SIAL sale compared to a traditional real estate sale? Principle: The sale of shares in a Real Estate Company (SI or SIAL) is not a real estate sale but a movable sale, the Real Estate Company remaining the owner of the apartment and the only one registered in the land register. The transfer of the exclusive use of the apartment is therefore effected by the transfer of the shares entitling the apartment to use the apartment (itself a condominium lot), and not by the transfer of the condominium lot. An authentic deed is not necessary to instrument this transfer of shares, but strongly recommended to protect the parties. Use: As in a classic sale, the buyer of an apartment in SI/SIAL is free to occupy it personally, or to rent it out, subject to the mandatory provisions of lease law, it being specified that this apartment is sold with the resumption of the current lease. Acquisition costs: As in the case of a traditional real estate sale, the costs generated by the sale of the shares are borne by the buyer, however they are greatly reduced compared to a traditional sale (estimate CHF 5, 000 for the authentic deed and the costs relating to the LDTR sales authorisation). Financing: The sale of shares in a real estate company (SI or SIAL) cannot be financed by means of a mortgage loan (which cannot relate to a real estate sale only): this acquisition must be made through the contribution of equity exclusively. Therefore, in the event of interest in this property, proof of solvency will be requested before any visit to the apartment, to protect the peace of mind of the current tenant (elderly person).