Investment property for sale - Luxembourg RBT97967
1645 Luxembourg
6 995 000 €
Description
VERY RARE TO SELL
How to combine historical heritage and immediate profitability?
Fully occupied asset, turnkey, generating a diversified and documented income of nearly €330K/year (60% residential, 40% commercial), for several years.
Historic building of approximately 400 m2, renovated in 2018, with an elevator, concrete slabs, located in the heart of Luxembourg-Grund (outside the flood zone), backed by the Plateau Saint-Esprit.
Mixed-use investment building:
- On the ground floor and basement, a café, of 170 m2, rented until 2035 to a national brand,
- On the 4 floors: 8 very nice studios (2 per floor) with an average of 30 m2 each, tastefully furnished and fully equipped, rented entirely to young professionals (Big4, international civil servants, lawyers...). Occupancy rate of 98% in 2024.
- On the top floor: terrace/garden of approximately 100 m2.
Very well-maintained building, recent and high-quality leases. Precise tracking of collections and rental evolutions.
NET RETURN 2024 of the entire building > 4%
This asset targets discerning investors looking for a secured, sustainable, and profitable property in an attractive environment. Whether you are a family office, a private real estate company, a SCPI, or a heritage investor, this opportunity encompasses all the elements of a smart, tangible, and strategic investment. All-inclusive building management available.
Complete file with a history of income and expenses after an initial interview.
Contact: Patrick by phone or WhatsApp Tel +352 621 679 222 .
The neighborhood:
Grund is a highly sought-after neighborhood (UNESCO World Heritage site), a few minutes' walk from the Upper Town of Luxembourg via the Grund elevator. Bakeries, gourmet shops, restaurants, cafes, bookstores, art galleries, and museums are nearby. A bus stop is in front of the residence, providing easy access to the European institutions of Kirchberg, Central Station, downtown, and the airport. Show all Show less
How to combine historical heritage and immediate profitability?
Fully occupied asset, turnkey, generating a diversified and documented income of nearly €330K/year (60% residential, 40% commercial), for several years.
Historic building of approximately 400 m2, renovated in 2018, with an elevator, concrete slabs, located in the heart of Luxembourg-Grund (outside the flood zone), backed by the Plateau Saint-Esprit.
Mixed-use investment building:
- On the ground floor and basement, a café, of 170 m2, rented until 2035 to a national brand,
- On the 4 floors: 8 very nice studios (2 per floor) with an average of 30 m2 each, tastefully furnished and fully equipped, rented entirely to young professionals (Big4, international civil servants, lawyers...). Occupancy rate of 98% in 2024.
- On the top floor: terrace/garden of approximately 100 m2.
Very well-maintained building, recent and high-quality leases. Precise tracking of collections and rental evolutions.
NET RETURN 2024 of the entire building > 4%
This asset targets discerning investors looking for a secured, sustainable, and profitable property in an attractive environment. Whether you are a family office, a private real estate company, a SCPI, or a heritage investor, this opportunity encompasses all the elements of a smart, tangible, and strategic investment. All-inclusive building management available.
Complete file with a history of income and expenses after an initial interview.
Contact: Patrick by phone or WhatsApp Tel +352 621 679 222 .
The neighborhood:
Grund is a highly sought-after neighborhood (UNESCO World Heritage site), a few minutes' walk from the Upper Town of Luxembourg via the Grund elevator. Bakeries, gourmet shops, restaurants, cafes, bookstores, art galleries, and museums are nearby. A bus stop is in front of the residence, providing easy access to the European institutions of Kirchberg, Central Station, downtown, and the airport. Show all Show less
Financial details
- Price: 6 995 000 €
- VAT: No
Services
More information
General info
Currently leased
No
Interior description
Diningroom
No
Dressing
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)
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