Investment property for sale - Schifflange (Luxemburg)

Discover a prime investment opportunity in the heart of Schifflange with this well-maintained multi-unit building, offered at €749,000. This property, dating back to the 1950s, presents a total living surface of approximately 328 square meters spread across five distinct units, making it an ideal choice for investors seeking rental income in a strategic location. The building has been carefully preserved and features a variety of accommodation types, including a spacious ground-floor apartment, two one-bedroom apartments on the first and second floors, a separate studio, and an attic space that could potentially be renovated or expanded. The property benefits from a dual-access layout via two streets, enhancing its accessibility and appeal for tenants or future development. The ground floor houses a two-bedroom apartment, complemented by a garage, storage area, and internal courtyard, providing both convenience and functionality. The upper levels contain additional rental units, all currently leased, ensuring a steady cash flow for prospective buyers. Key renovations include the installation of a new boiler in 2013 and the construction of an annex in 2005, demonstrating ongoing maintenance and upgrades. The building's energy performance is certified with an EPC rating of H, and it is heated via gas, offering efficient comfort for tenants. The presence of five bathrooms across the units adds to the property's practicality, while the inclusion of a garage and parking space enhances its desirability. Located in Schifflange, this property benefits from a strategic position within the city, providing ease of access to local amenities, transport links, and services. Its well-preserved condition combined with its versatile layout makes it an attractive option for investors looking to expand their portfolio in Luxembourg’s dynamic real estate market. With all units currently rented out, this building offers immediate income potential and a substantial return on investment. For further information or to arrange a viewing of this exceptional property, interested parties are encouraged to contact us directly. This is an opportunity not to be missed for those seeking a reliable income-generating asset in a thriving area. Want to know more?

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?