Investment property for sale - Luxembourg RBT90499
1645 Luxembourg
6 995 000 €
Description
VERY RARE FOR SALE
How to combine historical heritage and immediate profitability?
Fully occupied, turnkey asset, generating a documented and diversified income of nearly €330K/year (60% residential, 40% commercial) for several years.
Historical building of approximately 400 m2, renovated in 2018, with an elevator, concrete slabs, in the heart of Luxembourg-Grund (outside the flood zone), backed by the Saint-Esprit Plateau.
Mixed-use investment property:
- On the ground floor and basement, a café of 170 m2, rented until 2035 to a national brand,
- Across 4 floors: 8 very nice studios (2 per floor) of approximately 30 m2 each, tastefully decorated and fully equipped, all rented to young professionals (Big4, international officials, lawyers...). Occupancy rate of 98% in 2024.
- On the top floor: terrace/garden of approximately 100 m2.
Well-maintained building, recent and quality leases.
Precise tracking of payments and rental developments.
NET YIELD 2024 for the entire building > 4%
This asset is aimed at demanding investors looking for a secure, sustainable, and profitable property in an attractive environment. Whether you are a family office, a private property company, an SCPI, or a wealth investor, this opportunity brings together all the elements of an intelligent, tangible, and strategic investment.
"All inclusive" management of the building possible.
Complete file with historical income and expenses available after an initial meeting.
Contact: Patrick by phone or WhatsApp Tel +352 621 679 222 .
The neighborhood:
Grund is a highly sought-after area (UNESCO World Heritage site), just a few minutes' walk from the Upper Town of Luxembourg via the Grund elevator. Bakeries, gourmet grocery stores, restaurants, cafés, bookstores, art galleries, and museums are nearby. A bus stop is across from the residence, providing easy access to the European institutions of Kirchberg, Central Station, city center, and airport. Show all Show less
How to combine historical heritage and immediate profitability?
Fully occupied, turnkey asset, generating a documented and diversified income of nearly €330K/year (60% residential, 40% commercial) for several years.
Historical building of approximately 400 m2, renovated in 2018, with an elevator, concrete slabs, in the heart of Luxembourg-Grund (outside the flood zone), backed by the Saint-Esprit Plateau.
Mixed-use investment property:
- On the ground floor and basement, a café of 170 m2, rented until 2035 to a national brand,
- Across 4 floors: 8 very nice studios (2 per floor) of approximately 30 m2 each, tastefully decorated and fully equipped, all rented to young professionals (Big4, international officials, lawyers...). Occupancy rate of 98% in 2024.
- On the top floor: terrace/garden of approximately 100 m2.
Well-maintained building, recent and quality leases.
Precise tracking of payments and rental developments.
NET YIELD 2024 for the entire building > 4%
This asset is aimed at demanding investors looking for a secure, sustainable, and profitable property in an attractive environment. Whether you are a family office, a private property company, an SCPI, or a wealth investor, this opportunity brings together all the elements of an intelligent, tangible, and strategic investment.
"All inclusive" management of the building possible.
Complete file with historical income and expenses available after an initial meeting.
Contact: Patrick by phone or WhatsApp Tel +352 621 679 222 .
The neighborhood:
Grund is a highly sought-after area (UNESCO World Heritage site), just a few minutes' walk from the Upper Town of Luxembourg via the Grund elevator. Bakeries, gourmet grocery stores, restaurants, cafés, bookstores, art galleries, and museums are nearby. A bus stop is across from the residence, providing easy access to the European institutions of Kirchberg, Central Station, city center, and airport. Show all Show less
Financial details
- Price: 6 995 000 €
- VAT: No
Services
More information
General info
Currently leased
No
Interior description
Cellar
No
Veranda
No
Diningroom
No
Dressing
No
Wash room
No
Bike storage
No
Heating and energy
Solar thermic panels
No
Type of heating
Gas
Floor heating
No
Equipment
Air conditioning
No
Elevator
Yes
Access for disabled
No
Outdoor description
Garden
Yes
Surface garden
100 m²
Balcony
No
Certificates and Compliance
EPC/PEB reference
NC
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.