Ottange Building

🏢 Mixed-use income property – Ottange – High yield – Rare opportunity 📍 Located in Ottange, very close to the Luxembourg border, this character building was constructed in 1890 and renovated in 2014, offering approximately 640m². It is an ideal opportunity for an investor seeking a rental asset with immediate income and strong potential for appreciation. 💰 Profitability Annual rental income: €68,880 Gross yield: 7.25% Optimizable income: ≈ €75,480 Potential yield: ≈ 7.9% 🏢 Property details 🔹 Ground floor – Commercial space Area: about 120 m² + annexes and terraces Currently vacant Estimated potential rent: €1,500/month 🔹 1st floor – Apartment Area: 108.44 m² 2 bedrooms + terrace Rented: €950/month (including €100 charges) Energy rating: C - GHG rating: C Estimated annual energy costs between €1,630 and €2,240 (indexed to years and 2023) 🔹 2nd floor – Apartment Area: 107.82 m² 3 bedrooms Rented: €950/month (including €100 charges) Energy rating: C - GHG rating: C Estimated annual energy costs between €1,400 and €1,940 (indexed to years and 2023) 🔹 3rd floor – Studios 5 studios: 3 renovated and 2 to renovate Monthly rents: €2,340 including charges Energy ratings: D - GHG D (x3) and E - GHG E (x2) Estimated annual energy costs between €270 and €410 (indexed to years and 2023) Estimated annual energy costs between €310 and €470 (indexed to years and 2023) 🏗️ Technical features Year built: 1890 Renovation: 2014 Heating: gas (installed 2021) Double-glazed windows Concrete slabs Cellars: about 70 m² 📍 Location advantages – Ottange Border town near Luxembourg High rental demand due to cross-border workers Sought-after area for rental investment Good long-term appreciation potential ✅ Highlights ✔ Fully rented building (except commercial space) ✔ Immediate income ✔ High profitability ✔ Mixed-use type (commercial + residential) ✔ Terraces and spacious volumes ✔ Proximity to Luxembourg = strong rental appeal 🚀 Potential Renting out the commercial space Optimizing studio rents Improving overall yield Possibility of asset appreciation Price: €950,000 - Fees paid by the seller Information on risks related to this property is available on the Géorisques website: [hidden information] For more information and to arrange a visit, contact us today!
Information on the risks to which this property is exposed is available on the Géorisques website: https://www.georisques.gouv.fr/