VH-LU in Luxembourg

Name: Sales in VH-LU started!
Start: 2021-12-10T10:52:54.044971+00:00
End: 2023-12-31T23:59:59+0000
Location: VH-LU

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Project info

Object ID: 16278

Finished at	August 2022
Price, m²	From 3800$
Housing class	Comfort
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 36.00 m²
Floors	7
Apartments	49
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Reception
Conveniences	Parking Commercial area 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

136,800$

Net profit

5,883$

Payback period

16.9 years

Avg property value increase per year

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About the project

The Victor Hugo residential project will bring remarkable character to section 7-15 of avenue Victor Hugo, in the prestigious district of Limpertsberg. A true architectural pearl, the seven-storey building houses 49 luxury accommodation units as well as two businesses or liberal professions on the ground floor. It also has a large underground car park on two levels.

No compromise was made in terms of construction and layout. Results ? A set that perfectly combines luxury, elegance and quality of life. The Victor Hugo complex is therefore the ideal solution for the many expatriates looking for refined and ideally located accommodation, as well as for Luxembourgers who prefer luxury.