Residence for sale - Belvaux RBU64572

The Immo-Contact real estate agency is offering this superb two-family house with two apartments and a studio located in Belvaux.

Exceptional location, just a few minutes' walk from various bus routes and close to all amenities: +/- 5 minutes from Belval Plaza and the University of Belval, +/- 10 minutes from the international school, +/- 5 minutes from the daycare center, and 3 minutes from the A4 motorway.

Following an in-depth study with the municipality's technical services, it is possible to convert the building into student accommodation with 7 bedrooms, each with its own bathroom. A recreation room, a large living area, and a kitchen will complete the property.

This conversion responds to a growing demand for student accommodation in the municipality.

For investors, this is an opportunity not to be missed. The Luxembourg government is offering additional subsidies this year to encourage such investments.

Currently, the building is divided as follows:

One apartment, No. 1 on the first floor, which consists of a fitted kitchen, a living room, two bedrooms, a shower room, a laundry room, a garage, and an outdoor parking space.
Rented at €1,750 + €200 in charges

One apartment, No. 2 on the 2nd floor, comprising a fitted kitchen, living room, two bedrooms, shower room, laundry room, garage, and outdoor parking space.
Rented at €1,750 + €200 in charges

On the 3rd floor, you will find a studio apartment with a living area.
Rented for €800 + €100 in charges.

Immediate profitability - Investment property.
2 apartments + 1 studio, all rented.
Annual income: €51,600 / Gross yield +/- 5.16%.

Existing vertical cadastre.

Possibility of extending the building by +/- 6m in depth.

Viewings possible on weekdays and Saturdays.

For further information, please contact me on Tel +352 621 794 938 .
Free valuation of your property within 48 hours: Tel +352 26 311 992 or Contact Show all Show less