Sale of a residential building in the hospital district in the centre of Geneva
26 February, 2024 / News / Successes
Selling price
< 5 MIO
Duration of commercialisation
3 months
Canton
Geneva
Built in 1911 by architect Ernest Dumont for residential use, this handsome building is located in the Plainpalais district of Geneva, more precisely in the hospital sector, and is part of a complex. It comprises a total of 11 flats, spread over 6 above-ground levels and 1 basement.
Naef Commercial Knight Frank marketed the building to qualified investors through a two-round sale process to foster competition among the non-binding offers received in the first round and thereby secure the best selling price in the second round. The sale was completed at the end of the marketing schedule, at a price higher than the asking price.
