Flat in Grevenmacher, Luxembourg, 965 m²

surface: 965 m²

• ✓ Elevator: Yes
• ✓ Number of rooms: 30
• ✓ Year of construction: 1955
• ✓ Energy class: none
• ✓ Thermal insulation class: none
• ✓ Oil heating: Yes
• ✓ Laundry: Yes
• ✓ Fireplace: Yes

This is a unique offer in the center of the attractive tourist region of Müllerthal ("Little Switzerland"). The property offers extensive development potential with a total area of ​​approximately 1,145 m². The existing layout of the former hotel provides an excellent basis for the creation of quality and desirable housing. Following extensive renovations, the building can be converted into several exclusive condominiums or rental apartments, benefiting from an idyllic natural setting and access to the UNESCO Global Geopark. The proximity to hiking trails and attractions will give future residents a high quality of life away from the bustle of the city, and the site allows the construction of luxury apartments or maisonettes.

A focus on residential use is particularly promising, as existing structures can be converted into attractive residential units at relatively low cost (compared to new construction). The need for renovation is not a disadvantage, but an opportunity to bring the property up to the latest energy efficiency standards and technical requirements, flexibly adapting the layout to the requirements of modern residential concepts.

As an alternative to residential use, returning the property to commercial use remains an attractive option. The central tourist location and existing kitchen infrastructure make the building ideal for regeneration as a themed hotel, boutique aparthotel or upscale restaurant with accommodation options. Concepts that specialize in the growing backpacking sector or flexible self-catering apartments may be particularly successful. The property therefore offers a rare opportunity to create much-needed luxury living spaces in a prime location or to revive a lucrative tourism business in one of Luxembourg's beautiful locations.