INCOME PROPERTY w/VIEWS IN MONTREUX - CASH FLOW w/5% DOWN!!!

Beautiful house, in historic neighborhood of Montreux, with magnificent views of Geneva lake and mountains! This is 3-room house (about 90 m2), with 2 bathrooms, fireplace, balcony, basement, and more. It was built in 1970s, and it was completely updated (electrical, heating, skylite, windows, kitchen, bathrooms, interior, exterior, etc.) in 2008. The house is sold fully furnished, with washer & dryer, all kitchen appliances, TVs, and more. It comes with permit/quota for foreigners, too. The stores, restaurants, trains, schools, highway and hiking trails are nearby. 
The house is offered at 570 000 CHF. We also offer our financing to qualified buyers with very low down-payment of 5 % (28 500 CHF). We would be willing to finance for 3-5 years at 2.75 % interest, with 50-year amortization. The mortgage payment will be 1661.74 CHF. The taxes are about 200 CHF per month. The utilities are under 300 CHF per month.
Currently, the house is rented long-term at 2190 CHF per month, fully furnished, and utilities included. Before it was used as vacation rental, and it rents for 1300 CHF per week + TVA. Three to five years down the road, with appreciation and your equity in this property, you may need to come up with just a little extra or no money at all to finance this property with a bank.
The photo album of the property is available at this link: http://picasaweb.google.com/lh/sredir?uname=GardenIslander&target=ALBUM&id=5278271686004061041&authkey=Gv1sRgCKWM7aT6oeWpEw&feat=email 
Please serious inquiries only at 041 22 700 6463.