Apartment for sale - Luxembourg RBR79480

Home-IN offers you a unique opportunity as an investor to acquire a flat in a well-maintained residence in the upscale Limpertsberg district, which continues to be the most sought-after area for both Luxembourgers and internationals wishing to settle in Luxembourg City.
Its location is the guarantee of a secure investment with strong potential to increase in value, especially as the selling price per m2 is only € 8,669/m2.

The fully furnished and equipped 3-bedroom flat has been used as a shared flat for years, with a constant 100% occupancy rate . No loss of rent over 20 years. No worries about finding new tenants, as the Home-In agency has always taken care of finding new tenants and managing the property. Home-In also offers (if desired) to continue to provide this service for the new buyer, ensuring you a hassle-free investment without the day-to-day management.

Current rental yield of 3.32% based on the reasonable rents charged by the current owners, with the possibility of increasing this quickly to 4.22% or even more. In fact, the flat offers great potential for increasing the yield further with some modest investment. An extra bedroom can easily be installed by cutting the huge living room in half, and the large bathroom can be divided into 2 shower rooms, while retaining the warm atmosphere of the shared kitchen and living areas.

Thanks to its privileged location within walking distance of several small shops and a supermarket catering for all daily needs, restaurants, bars, sports clubs, the ‘Utopia’ cinema, the ‘Grand Théâtre’ and the ‘Tramsschapp’ cultural centre, the flat is ideal for people starting their professional careers in Luxembourg who want to live in the city centre in an attractive, lively and safe international district.
The city centre is within walking distance, and numerous buses and the Tram provide easy access to all areas of the city centre and around, Cloche d'Or, Kirchberg, Strassen, Gare, Findel, etc.
Located in a side street close to the Tony Neumann pPark, the bright flat is fully south-facing, with views over the quiet courtyard and unobstructed views of the surrounding green spaces.

Availability: You have the option of buying with immediate effect while taking over existing short-term leases, for which the notice period is just 2 months. So you may very quickly adapt the monthly rent.

For more information and to arrange a viewing, please contact us on Tel +352 26 64 91 73 or Tel +352 691 22 12 04 or by e-mail at Contact . Show all Show less