Investment building in Luxembourg-Centre Ville
€2,250,000Discover the interest generated by this listing and the average price per m² in this area
Description
MULTI-FAMILY BUILDING IN LUXEMBOURG CITY Fully rented | Immediate rental income | Furnished rental | Vertical cadastre project underway | Strong appreciation potential Selling price: 2,250,000 EUR The displayed price corresponds to the positioning desired by the owners. The sellers prefer offers close to the asking price. MT REAL ESTATE INVEST offers for sale this multi-family building located at 30, Rue Antoine Meyer, L 2153 Luxembourg, in the residential area of Merl Sud. The building is currently fully utilized for rental purposes, with a combination of independent units, furnished shared rooms, garages, and a separately rented cellar. This configuration allows the buyer to take over an asset generating immediate rental income. Beyond the current rental situation, the building presents particularly interesting appreciation potential. A vertical cadastre project has already been established and the procedure is currently underway. Subject to its final validation and any necessary authorizations, the building could subsequently be established as a condominium with several distinct lots. The buyer thus has a dual perspective: maintain the current rental operation or consider ultimately a division into condominiums allowing for separate operation and possibly individual sales of the different lots. CURRENT LIVING AREAS Current living area: +/- 257 m2 Reference energy surface: 329 m2 Land surface: +/- 2 ares 19 ca The building extends over several levels, including two levels of basement, a ground floor, several floors, attics, and lofts. CURRENT RENTAL SITUATION The building is currently fully utilized for rental purposes. The communicated rental situation currently includes: 1 unit with cellar: 1,450 EUR utilities included 1 unit: 1,390 EUR utilities included 1 unit with cellar: 1,295 EUR utilities included 1 unit with cellar: 1,540 EUR utilities included 4 furnished shared rooms: Room 1: 750 EUR Room 2: 845 EUR Room 3: 800 EUR Room 4: 890 EUR Annexes currently rented separately: 1 garage: 100 EUR 1 garage: 220 EUR 1 cellar: 80 EUR 1 additional garage is currently unrented. RENTAL INCOME Current monthly rental income: 9,360 EUR utilities included Annualized rental income on this basis: 112,320 EUR utilities included One garage being currently unrented, there remains additional rental potential from the annexes. The current rental situation is communicated for informational purposes and can be documented in the complete file intended for interested buyers. VERTICAL CADASTRE PROJECT A vertical cadastre project has been established for the building. The plans dated August 25, 2025 currently provide for an organization into 6 distinct units. GROUND FLOOR Apartment 009: 81.53 m2 Terrace: 19.07 m2 Terrace: 18.74 m2 Balcony: 2.49 m2 1ST FLOOR Apartment 010: 78.04 m2 Balcony: 1.56 m2 Storage room: 0.30 m2 2ND FLOOR Apartment 011: 35.50 m2 Apartment 012: 44.40 m2 Balcony: 1.56 m2 Storage room: 0.30 m2 ATTICS Apartment 013: 25.33 m2 Apartment 014: 28.43 m2 Additional non-accessible lofts. SURFACES OF THE VERTICAL CADASTRE PROJECT The sum of the areas of the 6 units planned in the vertical cadastre project represents approximately 293.23 m2, not including balconies, terraces, cellars, garages, and other annexes. These surfaces correspond to the currently ongoing vertical cadastre project and should not be confused with the currently announced living surface of +/- 257 m2. The final constitution of the condominium, the final number of lots and their areas remain subject to validation of the vertical cadastre and, if applicable, the necessary administrative authorizations. CELLARS AND GARAGES The vertical cadastre project identifies several cellars and parking spaces in the first basement. Cellar 001: 8.24 m2 Cellar 002: 4.80 m2 Cellar 003: 4.29 m2 Cellar 004: 3.80 m2 Cellar 005: 3.47 m2 Additional cellar: 3.20 m2 Interior garage 006: 17.05 m2 Interior garage 007: 13.87 m2 Interior garage: 15.86 m2 Interior garage/cellar 008: 19.06 m2 The level also includes a common room and an electrical room. The second basement notably houses technical premises as well as the tank related to the heating system. APPRECIATION POTENTIAL One of the main interests of this building lies in the combination of two real estate strategies. In its current configuration, the building constitutes an already utilized income-generating asset, with immediate rental income coming from several units, furnished rooms, and annexes. In the medium or long term, the vertical cadastre project offers an additional perspective for appreciation. Subject to the final validation of the vertical cadastre and any required authorizations, the building could be established as a condominium. The different lots could then be retained in a wealth and rental strategy or, depending on the future owner's strategy, subsequently be subject to individual sales. This configuration thus offers the investor the possibility to combine existing rental income, diversification of rents, and future appreciation potential by lots. TECHNICAL DATA Centralized heating with oil Centralized hot water production Tank in the basement Several cellars Several interior garages Terraces Balconies Garden Attics Loft and attics Technical premises CADASTRAL SITUATION Address: 30, Rue Antoine Meyer, L 2153 Luxembourg Municipality of Luxembourg Section: HoE of MERL SUD Cadastral number: 924/4960 The plans of the vertical cadastre project were established on August 25, 2025. INVESTMENT INTEREST Multi-family building in Luxembourg City Immediate rental income 9,360 EUR of current monthly income utilities included 112,320 EUR of annualized income on this basis Existing rental operation Furnished rentals and independent units Diversified income between apartments, rooms, and annexes Additional garage currently available for rent Vertical cadastre project underway 6 units planned in the current project Potential for future constitution of a condominium Possibility of property retention or future sales by lots subject to necessary validations Garages, cellars and outdoor spaces Residential location in Luxembourg City AVAILABILITY Available immediately. The building being currently operated and rented, the buyer takes over an asset already generating revenue. A complete file including plans, information related to the rental situation, and documentation regarding the vertical cadastre project is available upon request. CONTACT MT REAL ESTATE INVEST Bernard MOES *** *******@***********
Ref atHome 9370852
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