surface: 278 m², garages: 1;

• ✓ Land area: 1.61 ares
• ✓ Number of rooms: 8
• ✓ Year of construction: 1965
• ✓ Energy efficiency class: H
• ✓ Insulation class: I
• ✓ Gas heating: Yes
• ✓ Basement available: Yes

This attractive apartment building in the Luxembourg-Merl area offers investors a great opportunity to acquire a property with high development potential. Located in a quiet and green area, the property has the exceptional advantage of being in close proximity to the International School of Luxembourg, just a 2-minute walk away. This excellent location guarantees high demand from potential tenants and ensures excellent transport links, as well as quick access to shops, restaurants, and cultural facilities.

The building contains four residential units, each with an area of approximately 72 m². Although the apartments are currently habitable, they do not meet the latest standards and require a number of renovations to achieve a modern level of comfort. These renovation measures give future owners the opportunity to modernize the property in accordance with their own ideas, significantly increasing its value.

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

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