Building for Sale

€ 6,995,000

Note

Listing updated on 12/04/2025
Description

This description has been translated automatically by Google Translate and may not be accurate

reference: DXYUQ

VERY RARE FOR SALE: Historic mixed-use building in the heart of Grund

How to combine heritage, security, and immediate profitability? This unique asset, fully occupied, generates a diversified and documented income of nearly €330,000 per year (60% residential / 40% commercial), with an occupancy rate of 98% in 2024 and 2025.

Main features:
- Historic building of approx. 400 m², renovated in 2018 (elevator, concrete slabs, current standards)
- Exceptional location: right in the center of Luxembourg-Grund, outside of flood zones, backed by the Saint-Esprit Plateau
- Net profitability 2024/2025: > 4%

Building composition:
- Ground floor & basement: Café of 170 m², leased until 2035 to a national brand
- 4 upper floors: 8 studios (approx. 30 m² each), furnished and equipped, rented to young international professionals (Big Four, civil servants, lawyers?)
- Top floor: Private terrace/garden of approx. 100 m²

Investor advantages:
- Stable, diversified, and secured rental income
- Recent and solid leases, documented property management
- Well-maintained building, recent renovations
- Rare opportunity in an area with very high rental demand

A strategic investment, this building meets the expectations of:
- Family offices
- Private property companies
- Demanding wealth investors

All-inclusive management of the building can be proposed for a completely turnkey investment.

The neighborhood: Luxembourg-Grund
UNESCO World Heritage-listed district, Grund offers a unique and lively setting: bakeries, gourmet grocery store, restaurants, cafes, bookstores, art galleries, and museums. Just a few minutes' walk to the Ville-Haute via the Grund elevator. A bus stop at the foot of the residence easily connects to Kirchberg, the central station, downtown, and the airport.

Contact: Patrick, Tel / WhatsApp: +352 621 679 222
Complete file with income and expense history available after the first meeting.
Sale Details
- Agency fees at the expense: Not communicated
- Surface du terrain: 1 ares
Reference agence: LU:8040223K501x3158316e-cc58-11f0-ae0b-42010a840a1
Features
Contract
Sale | Income property
Type
Building
Building floors
5
Current building use
Residential
Other features
  • Raised floor
Price information
Price
€ 6,995,000
Price per m²
23,316,667 €/m²
New
Energy efficiency

Thermal insulation

Not specified

Discover every corner of the property
+8
Mortgage
Additional options

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