Description
Investment property consisting of (3 x 72 m²) + (1 x 62 m²) = 278 m²
Excellent location in Luxembourg City: apartment building with great potential
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***** AVAILABLE FOR RENT IMMEDIATELY
***** excellent proximity to the INTERNATIONAL SCHOOL (ISL)
***** excellent CONNECTIONS to motorway and public transport
***** considerable RETURN POTENTIAL up to € 8,800 /month
***** high QUALITY OF LIFE in the centre of Luxembourg
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-4 RESIDENTIAL UNITS
-1 INTERIOR YARD
-1 GARAGE
-4 CELLAR COMPARTMENTS
-Top location MERL
-modern PROJECT DEVELOPMENT possible, but not MANDATORY
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This inviting residential building in Luxembourg-Merl offers an excellent opportunity for investors looking for a property with high development potential. Situated in a quiet and green neighbourhood, the property benefits from its close proximity to the International School of Luxembourg, which is only a 2-minute walk away. This prime location guarantees high demand from potential tenants and also offers excellent transport links and quick access to shops, restaurants and cultural facilities.
The building comprises four residential units, each with an area of around 72 m², all of which are ready for immediate occupancy. The flats are adequately equipped and fulfil the minimum standards of living comfort, so that no further renovation work is required.
With a possible monthly yield of up to 6,400 euros, this property represents a particularly attractive investment. The demand for high-quality living space near international schools remains consistently high, which favours long-term letting and supports the generation of attractive rental income.
Overall, this residential building represents an excellent capital investment that can generate immediate rental income without further investment in renovations. An ideal project for investors looking for a profitable and desirable residential property.
