Investment building in Wiltz
€1,450,000Discover the interest generated by this listing and the average price per m² in this area
Description
A rare opportunity to acquire a high-yield mixed-use building in the heart of Luxembourg's Ardennes, with tenants already in place and a built-in value-add project. The building spans approximately 230 m² across 4 levels and currently generates €9,800/month in rental income — €117,600 per year — at an asking price of €1,450,000. Income breaks down as follows: a ground-floor dental practice occupied by an established healthcare professional wishing to remain as tenant at €5,000/month on a commercial lease, and a residential duplex renting at €4,800/month, comprising a living room, fitted kitchen, multiple bedrooms and two bathrooms. The real upside lies in the development potential: an additional duplex in the lower level is already fully designed and ready to build, requiring an estimated €200,000 investment. Once completed, it would generate an additional €6,000/month, pushing the total gross yield above 11% and annual income potentially beyond €180,000. Vertical cadastre approved. Conversion permit for 3 units obtained. 1,312 m² plot, open views, train station and amenities within 800 m. Availability to be agreed.
Ref atHome 9340577
Ref Agency 87351626
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