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:8040223K501x33e15958-cc58-11f0-ae0b-42010a840a1