3 BEDROOM APARTMENT WITH HIGH EARNING POTENTIAL
YOU WILL FIND BELOW
5 strong selling points
Walkthrough of the property
Geographical location & Mobility
Financial and fiscal considerations
SPECIAL "INVESTORS' PROJECT"
Recap of the key data
1 parking space
136 m2 Hab
Energy Pass : G & G
5 POINTS DE VENTE FORTS
Cette propriété est très intéressante par de nombreux aspects :
Actuellement, elle offre le meilleur rapport qualité / prix en termes de spécifications et de m2 pour un appartement de 3 chambres à Bertrange
L'appartement est très spacieux, avec 3 vraies chambres doubles
Il a une loggia très agréable et une vue apaisante sur la campagne à l'arrière
On peut poser ses valises de suite !
Avec très peu de remaniement, il peut devenir un appartement de cinq chambres en cohabitation à revenus élevés
LA PROPRIÉTÉ PAS A PAS
The kitchen is independent, it is also very bright and it opens onto the loggia; it is fully equipped and has generous storage space. There is also room for a dining table.
The sitting room is vast; it has very large windows looking out onto the garden at the back of the residence and the fields beyond. It also has a direct access to the loggia.
The dining room is separate form the living room. It also has its own access to the south facing loggia.
Bedroom 1 is currently the parental bedroom. With its 17m2, there is ample space for a large double bed as well as for storage units. The window has a full floor to ceiling height and is oriented west.
Bedroom 2 is currently a child's bedroom but with its 15m2, it could easily accommodate a double bed and adequate storage.
Bedroom 3 is currently a guest bedroom and a study.
It is the only bedroom facing the front of the residence.
The bathroom is vast and has its own w.c. (additional to the separate ones). The room has 2 windows allowing for proper air circulation. It also has its laundry section.
The hall is unusually spacious and can have a dual function. Currently there is a sitting area, but one can imagine a home office.
During the summer and any other pleasant days, the loggia becomes a room of its own that can be enjoyed from dawn to dusk. It is south facing and enjoys unlimited views of green spaces as the fields beyond the residence are in an agricultural zone.
THE TECHNICAL SPECIFICATIONS
ENERGY PASS G & G.
Most window frames and double glazed windows have been changed recently and should show a saving in the advanced charges forecasted by the property management company.
Custom made doors.
The building has a lift.
Monthly advance charges for 2022 / 2023 : 523,36 €
(tenant’s share : 441,42 € if rented)
Current Reserve funds: 130 000 € ; the current owner’s contribution carries over to the new owner.
Reserve fund will be used for the façade upon renovation.
The commercial unit on the ground level is to be re-fitted as
Charges do not include the access nor the maintenance of the gym and swimming pool facilities.
To enjoy the facility, there is an independent monthly charge of 35 €
Large entrance hall with storage areas,
Sitting room, 21 m2
Dining room, 14 m2
Fully equipped kitchen, 15 m2
3 double bedrooms, 17 m2, 15 m2, 14 m2
1 bathroom, 8 m2
Separated w.c., 1,5 m2
Beautiful south facing loggia, 11 m2
Total living space 136 m2
1 outdoor carpark,
1 cellar, 10 m2
Communal spaces include the green area at the back of the residence.
The indoor swimming pool and gym are accessible with a membership.
The property is located at the top of Route de Longwy,
Going east, you are immediately in Luxembourg-Ville,
Going west, you reach all the necessary amenities in a few minutes.
The Delhaize supermarket is next to the residence, the Naturata organic supermarket is a 5 minute walk,
The City Concorde shopping center is also close by,
Outdoor parking space in front of the building, within the residence periphery.
Bus lines :
Direct bus to Findel Airport
#6 to Luxembourg-City, Kirchberg and Findel Airport,
#61U to Rodange, Dommeldange & Steinsel,
#701 to Luxembourg-City, Bascharage & Obercorn
#702 to Luxembourg-City, Bascharage & Rodange,
#703 to Luxembourg-City, Pétange & Mont Saint-Martin,
#711 to Luxembourg-City & Rodange,
#D21 to the International School & Hollerich school campus,
#E15 to Limpertsberg schools,
#G11 to Josy Barthel school & the European School 2 in Bertrange/Mamer.
Closest bus stop’s name- it is right beside !
The property is close to the #5 exit of the A6 motorway going towards Belgium, France & Germany.
FINANCIAL & FISCAL CONSIDERATIONS
Listed price : 1 079 000 €
Registration tax :
In the instance of an existing property, the registration tax is calculated based on the total cost of the land and that of the built building .
Rate : 7%
Based on the property price as registered on the Acte de Vente
For instance : 1 079 000 * 7% = 75 530 €
Tax rebate / Bëllegen Akt :
Is applicable to the registration tax amount - Only applies to primary residences
Each buyer can benefit from the tax rebate - Ceiling of 20 000 € per person
If 100% applicable to the above calculated tax, the payable amount would be 75 530 – 40 000 = 35 530 €.
N.B. If this property is acquired for an early resale, the registration tax rate will be different.
In this case, the tax rebate is not applicable.
Fiscal favour - 3% VAT: 43 026 €
Notary fees : based on the property price as registered on the Acte de Vente, if 1 079 000 € : approx. 2 229 €
Agency fees : payable by the seller
INSURANCES TO SUBSCRIBE TO :
Feasible to gather them under one package :
- Cover against fire, against forces of nature (tempests, etc), against water damages, glass breakage, against theft
- Civil liability
- Balance remaining due (when a mortgage has been subscribed to )
SPECIAL INVESTORS' PROJECT
This apartment represents a great opportunity for investors as its current layout allows it to be turned into a 5 bedroom coliving property with no effort and at minimum cost.
To illustrate this, here are the 2 layouts: the existing one and the one showing the needed transformation and potential layout.