Investment property for sale - Luxembourg RBT90502

VERY RARE FOR SALE

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.

Historic building of approximately 400 m2, renovated in 2018, with an elevator, concrete slabs, right in the center of Luxembourg-Grund (outside flood-prone areas), backed by the Plateau Saint-Esprit.

Mixed rental 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 beautiful studios (2 per floor) averaging 30 m2 each, tastefully furnished and fully equipped, rented entirely 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, with recent and quality leases. Precise tracking of collections and rental developments.

NET RETURN 2024 of the entire building > 4%

This asset is aimed at discerning investors looking for a secured, sustainable, and profitable property in an attractive environment. Whether you are a family office, a private real estate fund, a SCPI, or a wealth investor, this opportunity brings together all the elements of an intelligent, tangible, and strategic investment. "All inclusive" building management possible.

Complete file with income and expense history after a first meeting. Contact: Patrick by phone or WhatsApp Tel +352 621 679 222 .

The neighborhood:
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, fine grocery stores, restaurants, cafés, bookstores, art galleries, and museums are nearby. A bus stop is in front of the residence, providing easy access to the European institutions in Kirchberg, Central Station, downtown, and the airport. Show all Show less