Investment property for sale - Schifflange (Luxemburg)

Investment property with 10 furnished rooms, garage and strong rental yield – Fully rented Located in a quiet cul-de-sac just a short walk from the Schifflange’s train and bus stations, this investment property offers a fully operational and regulation-compliant furnished room rental setup. With a total built surface of ±309 m² and a living area of ±264 m², the house sits on a plot of 1a95ca. Originally built in 1977 and converted in 2018, the building now features 10 fully furnished rooms, each meeting local and national standards for “chambres meublées”. Three of the rooms benefit from a terrace, and one offers direct access to the rear terrace and garden. In addition to the private rooms, tenants share a common living and dining area adjoining the fully equipped kitchen, as well as a shared terrace. A garage is integrated on the ground floor. The property is currently fully let, generating an actual annual rental income of 88,500 €, which corresponds to a yield of ±5.92 % based on a purchase price of 1,495,000 €. Key features: Total surface: ±309 m² Living area: ±264 m² Plot size: 1a95ca Year of transformation: 2018 10 fully furnished rooms 3 rooms with terrace, 1 with terrace and garden access Shared living/dining area with adjoining kitchen Shared terrace Garage on the ground floor Annual rental income (current): 88,500 € Yield: ±5.92 % (based on a purchase price of 1,495,000 €) Buderus gas boiler (2018), connected to city gas PVC double glazing with manual shutters While the property is functional and currently generating strong returns, rental income could be further optimized, notably through the renovation of the ground-floor bathroom, renting out of the garage and creating an 11th bedroom on the top floor. For further information or documentation, please do not hesitate to contact us directly. WOULD YOU LIKE TO KNOW MORE? Receive the complete brochure, including floor plans, upon request: ### This property is presented to you by Matthias May, Engel & Völkers Luxembourg. The property is ideally situated in a quiet, low-traffic residential street (cul-de-sac) in the heart of Schifflange, offering an optimal living environment for tenants seeking both tranquillity and proximity to urban infrastructure. Just a 5-minute walk from the Schifflange train station and bus stops, the house provides direct public transport connections to Luxembourg-City, Esch-sur-Alzette and the University campus in Belval, making it particularly attractive for professionals and students alike. Shops, supermarkets, cafés, and restaurants are all within easy walking distance, as is the town centre of Schifflange. Leisure opportunities are equally accessible, with nearby parks, a public swimming pool, and forested walking paths contributing to quality of life. Thanks to its excellent location and accessibility, this property offers the kind of convenience that is increasingly sought after by tenants looking for furnished room rentals in Luxembourg’s South. Distances (approximate): Train station (Schifflange): ±400 m Bus stop: ±300 m Supermarket: ±450 m Shops and restaurants (Schifflange centre): ±600 m Public swimming pool: ±650 m Forest walking trails: ±700 m Esch-Belval (University & business district): ±6 km Luxebbourg-City (Central Station): ±15 km Kirchberg: ±20 km Want to know more?

This exceptional investment property for sale in Schifflange presents a unique opportunity for discerning investors seeking a well-maintained and versatile building. Priced at €790,000, this property encompasses a total surface area of approximately 328 square meters, thoughtfully divided into five distinct units, each offering considerable rental potential. The building, constructed in the 1950s and meticulously maintained over the years, features a range of facilities including a garage, storage space, and a courtyard, making it a highly attractive asset for generating steady income streams. The property benefits from dual access from two streets, enhancing its accessibility and operational flexibility. The ground floor hosts an apartment with two bedrooms, complemented by a garage and an additional storage area, providing ample space for tenants or future use. The first and second floors each contain one-bedroom apartments, while an annex studio offers further accommodation options. The building also includes a spacious attic, which could offer scope for future expansion or additional storage. Recent renovations include a new boiler installed in 2013 and the construction of the annex in 2005, ensuring modern comfort and efficiency. All units are currently rented, which translates into an attractive rental yield for prospective buyers. The gas heating system further enhances energy efficiency, with the property holding an EPC classification of H. Located in the vibrant town of Schifflange within the Luxembourg district, this property benefits from excellent connectivity and local amenities. The strategic positioning ensures easy access to transportation routes, shopping centers, and community facilities, making it ideal for tenants or future owners looking for a well-situated investment. Whether you're a seasoned investor or seeking to diversify your real estate portfolio, this property offers significant potential for growth and income generation. For further information or to arrange a viewing, please contact us at 28 66 65 24 or via email at ### . Don't miss this rare opportunity to acquire a high-yielding commercial and residential asset in one of Luxembourg’s promising locations. Want to know more?