Building for sale in Wiltz, 39, Route de Kautenbach, 9534 Wiltz, 230 m²

Wiltz, Wiltz

Building

EUR 1,450,000

• 230 sqm
• 363 m² plot

Invest in a mixed-use building with strong immediate rental yield, located in the Capital of the Ardennes in Luxembourg, with tenants in place and integrated value enhancement project. The building spans approximately 230 m² over 4 levels and generates rental income of €9,000 to €9,800/month from today, or €117,600 per year, for a sale price of €1,450,000. Income is distributed as follows: a dental practice on the ground floor occupied by a healthcare professional wishing to remain as a tenant at €5,000/month under a commercial lease, and a residential duplex rented at €4,800/month comprising living room, equipped kitchen, several bedrooms and two bathrooms. The true asset of this property lies in its growth potential: an additional duplex in the basement is already designed and ready to build for a complementary investment of approximately €450,000. Once completed, it would generate an additional €6,000/month, bringing the total gross yield above 11%, for total annual income potentially exceeding €180,000. Vertical cadastre granted. Conversion permit to 3 units obtained. Land area 1,312 m², open views, train station and shops within less than 800 m. Availability to be arranged.