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Building for sale in Luxembourg-Grund

Overview: building with terrace / balcony, garden

6 950 000 €
Total area
400 m²
Garden
Terrace
*** 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 documented and diversified 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 the flood zone, adjoining the Plateau Saint-Esprit
- Net profitability 2024/2025: > 4%
Composition of the building:
- Ground floor & basement: Café of 170 m², rented 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 secure rental income
- Recent and strong leases, documented property management
- Well-maintained building, recent renovations
- Rare opportunity in a highly sought-after rental area
A strategic investment, this building meets the expectations of:
- Family offices
- Private real estate companies
- Demanding wealth investors
All-inclusive management of the building can be offered for a completely turnkey investment.
The neighborhood: Luxembourg-Grund
A UNESCO World Heritage-listed neighborhood, Grund offers a unique and vibrant setting: bakeries, gourmet grocery stores, 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 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.
Property details
Reference
34 585
Category
Sale
Type
Building
Subtype
Building
Year of construction
1900
Recent renovation
2018
SALES DETAILS
Sale price
6 950 000 €
General
Total area
400 m²
Outdoor
Basement
Garden
100 m²
Terrace
100 m²
Energy/heating
Energy class
In progress
Thermal insulation class
In progress
Other advantages
Amenities
Lift
Proximities
AirportBus
Mortgage Simulator
3.25 %
3.25 %
0.1%9%
30 years
30 years
1 year30 years
Loan Amount
6 950 000 €
Down payment
50 000 €
Nominal interest rate
3.25 %
Term of the loan
30 years
Mortgage Simulator
* Please note that our simulation is an estimate only and does not constitute a finance offer. However, it can give you an idea of your monthly repayments and help you make an informed decision about your finance project.
Municipality of Luxembourg

Municipality of Luxembourg

Are you planning to move to Luxembourg? Explore our guide to Luxembourg City, a destination rich in opportunities and quality of life.

Area
51,46 km²
Density
2 580 /km²
Population
132 780 res.
Agency
IH INVEST logo
15-17 Avenue Guillaume, 1651 Luxembourg-Centre ville (LU)

The information is provided by the advertiser. Nextimmo does not accept any responsibility for its accuracy, completeness, or whether it is up to date.