Apartment for sale - Luxembourg RBS60244
2551 Luxembourg
540 000 €
Description
!!! INVESTORS BEWARE!!!
Turnkey 2-bedroom investment (shared).
Rental income: €2,400/month excluding charges = €28,800/year
Purchase price: €540,000 → Gross yield 5.33%.
Compare with a conventional bank investment (€540,000 deposit):
Savings account: average rate → €8,100/year
Term deposit (3-120 months): up to 2.87% → €15,498/year
The rental investment therefore generates €28,800/year, almost twice as much as a term deposit and more than 3 times as much as a conventional savings account.
Fully renovated 51 m2 apartment in a small, well-located residence with five apartments.
Apartment layout :
- shared entrance hall
- new shared fitted kitchen / dining table
- two independent furnished studios with shower room
- digital code for studio access
- shared laundry room
- shared cellar
Contact :
MV Real Estate
Phone: 621 96 65 15
Mail: Contact
www.mvimmo.lu Show all Show less
Turnkey 2-bedroom investment (shared).
Rental income: €2,400/month excluding charges = €28,800/year
Purchase price: €540,000 → Gross yield 5.33%.
Compare with a conventional bank investment (€540,000 deposit):
Savings account: average rate → €8,100/year
Term deposit (3-120 months): up to 2.87% → €15,498/year
The rental investment therefore generates €28,800/year, almost twice as much as a term deposit and more than 3 times as much as a conventional savings account.
Fully renovated 51 m2 apartment in a small, well-located residence with five apartments.
Apartment layout :
- shared entrance hall
- new shared fitted kitchen / dining table
- two independent furnished studios with shower room
- digital code for studio access
- shared laundry room
- shared cellar
Contact :
MV Real Estate
Phone: 621 96 65 15
Mail: Contact
www.mvimmo.lu Show all Show less
Financial details
- Price: 540 000 €
- VAT: No
Services
More information
General info
Currently leased
No
Interior description
Number of bedrooms
2
Kitchen and bathrooms
Kitchen equipment
Not equipped
Number of showers
2
Heating and energy
Type of heating
Fuel oil
Outdoor description
Floor of appartment
2
Number of floors
2
Garden
No
Terrace
No
Certificates and Compliance
EPC/PEB reference
G
Town planning and environmental risks
Flooding Area type
(information not available)
Demarcated flooding area
(information not available)
Immovlan.be displays the data received from the seller. If some important or obligatory data is missing it is because they were not provided to us.