surface: 278 m², garages: 1;

• ✓ Plot area: 1.61 arenas
• ✓ Number of rooms: 8
• ✓ Year built: 1965
• ✓ Energy efficiency class: H
• ✓ Thermal insulation class: I
• ✓ Gas heating: Yes
• ✓ Availability of a basement: Yes

This attractive apartment building in Luxembourg-Merle offers investors an excellent opportunity to acquire a property with high development potential. Situated in a quiet and leafy neighborhood, the property benefits from its proximity to the International School of Luxembourg, just a two-minute walk away. This prime location guarantees high demand from potential tenants and provides excellent transport links, as well as quick access to shops, restaurants, and cultural attractions.

The building contains four residential units, each approximately 72 square meters in size. Although the apartments are currently habitable, they do not meet the latest standards and require several renovations to achieve modern comfort levels. These renovations offer future owners the opportunity to modernize the property according to their own ideas, significantly increasing its value.

A potential monthly income of up to €8,800 makes this property a particularly attractive investment. The demand for quality residential space near international schools remains high, facilitating long-term rentals and attractive rental yields.

Overall, this apartment building represents an excellent investment that, with the right renovation and strategic marketing, can fully realize its potential and deliver significant long-term value growth. It's an ideal project for investors willing to invest in a comprehensive renovation to transform this building into a profitable and sought-after residential property.