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Luxembourg - Gasperich
Apartment 500.000 €

SALES AGREEMENT SIGNED

Excellent situation: Close to the Bell d’Or but quiet, schools, Auchan drive, future shopping center.
Small park, bakery, pharmacy and restaurants within walking distance.
Bus 2 and 23.
20 minutes by step to the station.

This 1 bedroom apartment, located in the heart of Gasperich, on the raised ground floor was until now operated in a nursery.
We suggest you to make a beautiful apartment for you, or for a rental investment.

Currently the apartment is so arranged:
- Entrance
- Bedroom +16 m²
- Small kitchen
- Bathroom
- Separate WC
- Large living room +32 m²

With the below budget you could get a return on investment of 4.9% a year.

Creation of the kitchen in the living room: € 10.000
Bathroom: € 15.000
Walls: € 8.000
Floors / skirting: € 4.000
Remove the existing kitchen to create a dressing room or office: € 1.000
Doors: € 1.000
Unexpected surprises: € 4.000
Furniture: € 7.000 (crockery and bedding included)
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Total = € 50.000

Summary of the business plan:

Buy apartment: € 500.000
Works: € 50.000
Notary fees: € 35.000 (-20.000 €/person for "crédit d'impôt")
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Total = € 585,000

The expected rents for this new furnished apartment are € 1.750 €/month excluding charges so € 21.000/year ;
Or if you make a roommate of 3 rooms: € 2.400 / month excluding charges, or € 28.800/year.

With our experience in this field, our agency can assist you in this project.

Available immediately.

Area icon 67 m2 Bedroom icon 1 Bathroom icon 1
Betrange - Bertrange
Parking 35.000 €

*** SALES AGREEMENT SIGNED ***

Parking Place N°104 at level -1 of the residence Douglas in Bertrange

Near Cora and railwails

Dimensions :
Width: 2.40 m
Length: 4.80 m
Height: 2.20 m

Area icon 12 m2 Parking icon 1
Luxembourg - Cessange
Apartment 850.000 €

Bright 3-bedrooms apartment of ± 105 sqm + terrace of 8 sqm.
The apartment is located on the second floor of a residence completed in 1974 with 2 blocks of 5 units and equipped with an elevator, is free to 3 sides and lay out as follows:

- Entrance hall with intercom, wardrobe and toilet for guests.
- Living room of ± 36 sqm with a west facing balcony that is offering a magnificent view on the city.
- 3 bedrooms (± 15.6 sqm, ± 13.3 sqm, ± 10 sqm).
- 1 bathroom with shower and toilet.
- 1 large garage for 2 cars
- 1 private cellar of ± 5,3 m²

- The building has a common laundry, and a common garden at the back.

The apartment was partially renovated in 2007/2008 (kitchen, bathroom, wooden floor in the bedrooms, electricity).
The condomnium fees are 350 € per month (Water, heating, cleaning and maintenance of the common parts and maintenance of the elevator, building insurance, trash, Bank charges and Syndic).

The common hall, the laundry room and the stairwell have been repainted recently.

Some advantages of this property are: the possibility to convert into 4 bedrooms, a beautiful unobstructed view, very quiet location in a good neighborhood, close to the Cloche d'Or.
The apartment is on the 2nd floor of a building located in Luxembourg-Kohlenberg, which is part of Cessange and offers its inhabitants an excellent quality of life. You will find a new beautifully landscaped public park, nurseries, restaurants and various other businesses.

The new district of the Cloche d'Or with the French Lycée Vauban is also very close and one of the largest shopping malls of Luxembourg will open soon.
Kohlenberg consists mainly of large villas or single family houses and there are very few apartment buildings.

Distances to:
- Cessange Park: 450 m
- Downtown: 3,2km
- Kirchberg: 5.9 km
- Cloche d’Or: 1.9km
- Motorway A1, A3 and A6: 2,7km

Area icon 105 m2 Bedroom icon 3 Bathroom icon 1 Parking icon 3