NYX in Luxembourg

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Project info

Object ID: 16458

Finished at	September 2022
Price, m²	From 20370$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 35.00 m²
Floors	6
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

712,950$

Net profit

5,883$

Payback period

88.3 years

Avg property value increase per year

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About the project

Located to the west of Luxembourg city, Belair enjoys a privileged location very close to all the other districts of Luxembourg-city. The residence is located a stone's throw from the Place de l'Etoile and has very good connections with public transport.

The place of the star is a hub of exchange served by municipal buses, regional buses and the tram line. With the completion of the new “Place de l'Etoile” project, aimed at promoting the development of soft mobility, it will also accommodate several cycle paths, Vél'OH stations and pedestrian links to other areas of the city. On a surface of 8,365 m2 will be integrated shops, a fitness, a foodhall as well as a multiplex cinema.

The Josy Barthel stadium is located 350 m from the residence.

It is doomed to be demolished, once the new Luxembourg stadium comes into service in 2022. The old stadium will be replaced by housing.

The Belair sports hall is located 450 m away and includes a large sports center and a swimming pool.

One can find shopping centers there a few minutes by car as well as the hospital center of

Luxembourg. The “La Belle Etoile” and “City Concorde” shopping centers are 5 km from the residence.

Developer

The C. FISCHBACH Real Estate Office, which was created in 1989 by Carlo Fischbach, quickly developed into a "leading" agency in the real est…
Details about FISCHBACH