We Invest Malmedy is offering this investment property, ideally situated right in the heart of the town centre, with excellent potential for appreciation.
The property is currently divided into seven one- or two-bedroom flats, making it suitable for immediate use as an investment property. Please note, however, that it is still classified by the town planning authorities as a hotel. Steps to regularise the property’s status for residential use are therefore required, and these have already been initiated by the owner.
The complex comprises a main building at the front, spread over three floors above the ground floor (no lift), as well as spacious cellars. A second building, situated at the rear, extends over two storeys. An external courtyard completes the complex and facilitates access to the rear units. Several spaces are not currently used for residential purposes and offer potential for additional conversion (utility rooms, bicycle storage, etc.).
From a technical perspective, the building has a total floor area of 569.91 m² and features double-glazed PVC windows, compliant electrical installations, separate meters for water and electricity, and individual electric heating systems. The property is currently partially let, offering an immediate return whilst suggesting potential for optimisation following planning approval.
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