Apartment for sale - Luxembourg RBU70368
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
Livable surface
51 m²
Kitchen and bathrooms
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)
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