Investment property for sale - Luxembourg RBU17484
1946 Luxembourg
6 995 000 €
Description
VERY RARE FOR SALE ? Historical mixed-use building in the heart of Grund
How to combine heritage, security, and immediate profitability?
This unique asset, fully occupied, generates a diversified and documented 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, backed by the Saint-Esprit Plateau
- Net profitability 2024/2025: > 4%
Composition of the building:
- Ground floor & basement: Café of 170 m², leased until 2035 to a national brand
- 4 upper floors: 8 studios (? 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
Investment advantages:
- Stable, diversified, and secured rental income
- Recent and strong leases, documented property management
- Perfectly maintained building, recent renovations
- Rare opportunity in a highly demanded rental sector
A strategic investment, this building meets the expectations of:
- Family offices
- Private real estate companies
- Demanding wealth investors
An ?all inclusive? management of the building can be proposed for a completely turnkey investment.
The neighborhood: Luxembourg-Grund
A UNESCO World Heritage listed area, Grund offers a unique and vibrant environment: bakeries, delicatessens, restaurants, cafés, bookstores, art galleries, and museums.
Just a few minutes' walk from the City-Haut via the Grund elevator.
A bus stop at the foot of the residence easily connects to 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 interview. Show all Show less
How to combine heritage, security, and immediate profitability?
This unique asset, fully occupied, generates a diversified and documented 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, backed by the Saint-Esprit Plateau
- Net profitability 2024/2025: > 4%
Composition of the building:
- Ground floor & basement: Café of 170 m², leased until 2035 to a national brand
- 4 upper floors: 8 studios (? 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
Investment advantages:
- Stable, diversified, and secured rental income
- Recent and strong leases, documented property management
- Perfectly maintained building, recent renovations
- Rare opportunity in a highly demanded rental sector
A strategic investment, this building meets the expectations of:
- Family offices
- Private real estate companies
- Demanding wealth investors
An ?all inclusive? management of the building can be proposed for a completely turnkey investment.
The neighborhood: Luxembourg-Grund
A UNESCO World Heritage listed area, Grund offers a unique and vibrant environment: bakeries, delicatessens, restaurants, cafés, bookstores, art galleries, and museums.
Just a few minutes' walk from the City-Haut via the Grund elevator.
A bus stop at the foot of the residence easily connects to 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 interview. 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
150 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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