Investment property for sale - Luxembourg RBU25845
1645 Luxembourg
6 950 000 €
Description
*** VERY RARE FOR SALE: Historic mixed-use building in the heart of Grund ***
How to combine heritage, security, and immediate profitability?
This unique asset, fully occupied, generates a documented and diversified income of nearly €330,000 per year (60% residential / 40% commercial), with an occupancy rate of 98% in 2024 and 2025.
Main features:
- Historic building of approx. 400 m², renovated in 2018 (elevator, concrete slabs, current standards)
- Exceptional location: right in the center of Luxembourg-Grund, outside the flood zone, adjoining the Plateau Saint-Esprit
- Net profitability 2024/2025: > 4%
Composition of the building:
- Ground floor & basement: Café of 170 m², rented until 2035 to a national brand
- 4 upper floors: 8 studios (approx. 30 m² each), furnished and equipped, rented to young international professionals (Big Four, civil servants, lawyers)
- Top floor: Private terrace/garden of approx. 100 m²
Investor advantages:
- Stable, diversified, and secure rental income
- Recent and strong leases, documented property management
- Well-maintained building, recent renovations
- Rare opportunity in a highly sought-after rental area
A strategic investment, this building meets the expectations of:
- Family offices
- Private real estate companies
- Demanding wealth investors
All-inclusive management of the building can be offered for a completely turnkey investment.
The neighborhood: Luxembourg-Grund
A UNESCO World Heritage-listed neighborhood, Grund offers a unique and vibrant setting: bakeries, gourmet grocery stores, restaurants, cafes, bookstores, art galleries, and museums.
Just a few minutes walk to the Ville-Haute via the Grund elevator.
A bus stop at the foot of the residence easily connects Kirchberg, the central station, downtown, and the airport.
Contact: Patrick, Tel / WhatsApp: Tel +352 621 679 222
Complete file with income and expense history available after the first meeting. Show all Show less
How to combine heritage, security, and immediate profitability?
This unique asset, fully occupied, generates a documented and diversified income of nearly €330,000 per year (60% residential / 40% commercial), with an occupancy rate of 98% in 2024 and 2025.
Main features:
- Historic building of approx. 400 m², renovated in 2018 (elevator, concrete slabs, current standards)
- Exceptional location: right in the center of Luxembourg-Grund, outside the flood zone, adjoining the Plateau Saint-Esprit
- Net profitability 2024/2025: > 4%
Composition of the building:
- Ground floor & basement: Café of 170 m², rented until 2035 to a national brand
- 4 upper floors: 8 studios (approx. 30 m² each), furnished and equipped, rented to young international professionals (Big Four, civil servants, lawyers)
- Top floor: Private terrace/garden of approx. 100 m²
Investor advantages:
- Stable, diversified, and secure rental income
- Recent and strong leases, documented property management
- Well-maintained building, recent renovations
- Rare opportunity in a highly sought-after rental area
A strategic investment, this building meets the expectations of:
- Family offices
- Private real estate companies
- Demanding wealth investors
All-inclusive management of the building can be offered for a completely turnkey investment.
The neighborhood: Luxembourg-Grund
A UNESCO World Heritage-listed neighborhood, Grund offers a unique and vibrant setting: bakeries, gourmet grocery stores, restaurants, cafes, bookstores, art galleries, and museums.
Just a few minutes walk to the Ville-Haute via the Grund elevator.
A bus stop at the foot of the residence easily connects Kirchberg, the central station, downtown, and the airport.
Contact: Patrick, Tel / WhatsApp: Tel +352 621 679 222
Complete file with income and expense history available after the first meeting. Show all Show less
Financial details
- Price: 6 950 000 €
- 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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