Investment building in Luxembourg-Bonnevoie
€1,398,000Discover the interest generated by this listing and the average price per m² in this area
Description
Investment property with strong development potential for coliving Investors, don't miss this rare opportunity! Currently operated as an investment property with 5 rooms already rented, generating a monthly return of €6,500. The property has all necessary administrative approvals for an expansion project that will allow the creation of 12 coliving rooms, offering particularly attractive potential for appreciation. A detailed estimate for renovation and development works has already been established for €550,000, allowing for a calm consideration of the project. Highlights of the property: 5 rooms currently rented Existing rental income: €6,500/month Approvals obtained for a 12-room coliving project High potential for increasing revenue Estimates for works available: €550,000 Ideal investment for a high-profit rental project Complete file and additional information available upon request.
Ref atHome 9289797
Characteristics
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