House in Luxembourg, Luxembourg, 278 m²

surface: 278 m², garages: 1;

• ✓ Land area: 1.61 arenas
• ✓ Number of rooms: 8
• ✓ Year of construction: 1965
• ✓ Energy efficiency class: H
• ✓ Thermal insulation class: I
• ✓ Gas heating: Yes
• ✓ Presence of a basement: Yes

This attractive apartment building in the Luxembourg-Merle area offers investors an excellent opportunity to acquire a property with high development potential. Situated in a quiet and green area, the property has the exceptional advantage of being close to the International School of Luxembourg, which is just a 2-minute walk away. This excellent location guarantees high demand from potential tenants and provides excellent transport links, as well as quick access to shops, restaurants and cultural attractions.

The building contains four residential units, each with an area of ​​approximately 72 m². Although the apartments are currently habitable, they do not meet the latest standards and require a number of renovations to achieve modern levels of comfort. These renovation measures give future owners the opportunity to modernize the property according to their own ideas, significantly increasing its value.

Potential monthly income of up to 8,800 euros makes this property a particularly attractive investment. The need for quality residential space close to international schools remains high, encouraging long-term rentals and achieving attractive rental income.

Overall, this apartment building represents an excellent investment that, with the right renovation and strategic marketing, can reach its full potential and provide significant long-term value growth. This is an ideal project for investors who are ready to invest in a comprehensive renovation to transform this building into a profitable and sought-after residential property.