Investment property in Rumelange

  • 1 395 000€
Featured For Sale
Grand-Rue, Rumelange, Luxembourg
Featured For Sale
Investment property in Rumelange
Grand-Rue, Rumelange, Luxembourg
  • 1 395 000€

Overview

  • 341
  • 1917
  • Year Built

Description

Take a closer look at this distinguished multi-unit building in central Rumelange. Offering 341 m² of living space across five varied apartments, and located on a 2.76 ares plot, this early 20th century structure holds significant investment appeal, especially after renovation.

Recognized as a national monument since October 2016, this building qualifies for considerable state subsidies aimed at restoration. These financial incentives not only reduce the initial restoration costs but also enhance the property’s value and appeal as a rental or resale opportunity.

Featuring a structurally sound stone façade with distinctive architectural details such as vaulted entryways, decorative mascarons, and a historically rich winter garden, the building’s authenticity adds to its allure. With minimal updates needed to maintain its historical integrity, it offers a blend of timeless charm and modern functionality.

This property is not just an architectural treasure but a prudent investment. Restoring it can significantly increase its market value and attract premium tenants or buyers looking for unique historical properties. Ideal for investors or professionals interested in leveraging a property’s heritage for high returns, this building promises a blend of historical elegance and financial reward. Contact us to discover how this investment opportunity can yield substantial returns after thoughtful renovation

Details

Updated on April 20, 2024 at 4:59 am
  • Price: 1 395 000€
  • Property Size: 341
  • Land Area: 2.71
  • Year Built: 1917
  • Property Status: For Sale

Energy Class

  • Energetic class: H
  • Global Energy Performance Index:
  • A+
  • A
  • B
  • C
  • D
  • E
  • F
  • G
  • | Energy class H
    H

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