Apartment for sale - Echternach RBS28676

This exclusive apartment in Echternach is located in the Senior Hotel, right in the heart of the old town, offering a unique blend of convenience and charm. With a living space of approximately 63 square meters, this property is situated on the third floor and is currently rented out, seeking a new owner. The layout comprises one separate bedroom of about 14 square meters, a spacious shower room equipped with a connection for a washing machine, a bright and roomy living area of approximately 29 square meters complete with a kitchenette, and an additional separate WC. Designed to cater to retirees, the apartment offers practical amenities such as concierge services, as well as a restaurant on the ground floor that is soon to undergo renovation, and a care service for residents. The building is equipped with an elevator and provides access for individuals with disabilities, adding to the convenience for senior residents. Additionally, it serves as an excellent opportunity for investors, given its consistent rental occupancy. The apartment was renovated in 2018 and may require further refurbishment upon the departure of the current tenant. Notably, each owner becomes a shareholder of Senior Hotel SA at a price of €14,500 per share, which is included in the sale price but detailed separately in the deed of sale. This provides an added layer of investment potential for prospective buyers. Priced at €370,000, this property represents both a comfortable living arrangement for seniors and an attractive option for rental investors.

* This text was generated using an artificial intelligence.

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