Investment property for sale - Luxembourg RBU08853
1645 Luxembourg
6 995 000 €
Description
VERY RARE ON THE MARKET
How to combine historical heritage and immediate profitability?
Fully occupied, turnkey asset generating a diversified and documented 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, located right in the center of Luxembourg-Grund (outside the flood zone), adjacent to the Plateau Saint-Esprit.
Mixed-use investment property:
- 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) averaging 30 m2 each, tastefully furnished and fully equipped, fully 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 monitoring of collections and rental developments.
NET RETURN 2024 and 2025 for the entire building > 4%
This asset is aimed at discerning investors looking for a secure, sustainable, and profitable property within an attractive environment.
Whether you are a family office, a private real estate company, a REIT, 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 income and expenses history after a first interview.
Contact: Patrick by phone or WhatsApp Tel +352 621 679 222 .
The district:
Grund is a highly sought-after neighborhood (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 opposite the residence, providing easy access to the European institutions in Kirchberg, Central Station, downtown, and the airport. Show all Show less
How to combine historical heritage and immediate profitability?
Fully occupied, turnkey asset generating a diversified and documented 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, located right in the center of Luxembourg-Grund (outside the flood zone), adjacent to the Plateau Saint-Esprit.
Mixed-use investment property:
- 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) averaging 30 m2 each, tastefully furnished and fully equipped, fully 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 monitoring of collections and rental developments.
NET RETURN 2024 and 2025 for the entire building > 4%
This asset is aimed at discerning investors looking for a secure, sustainable, and profitable property within an attractive environment.
Whether you are a family office, a private real estate company, a REIT, 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 income and expenses history after a first interview.
Contact: Patrick by phone or WhatsApp Tel +352 621 679 222 .
The district:
Grund is a highly sought-after neighborhood (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 opposite the residence, providing easy access to the European institutions in 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
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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