PROJECT IMMOBILIER RENOVATION
19-04-ESC1
Projet de rénovation
This property development project is located in Wiltz (North of Luxembourg).
It has been purchased with the authorization permits from Wiltz Municipality. There was a demolition of the previous house as well as additional earthworks.
Fiche descriptive
Finance
Partenaires
Fiche descriptive
It’s a 5 unit’s project: 4 appartements and 1 penthouse for a total living area
of +/- 540 m².
The project at a glance:
- Start of earthworks: March 2019
- Start of construction: April 2019
- End of construction: September 2020
The project will not be sold but kept to have rental incomes.
Finance
| Société | Wiltz Properties S.à.rl |
| Name of the object: | Wiltz |
| Purchase date: | 07.03.2019 |
| Surface: | 550m2 |
| Estimated value: | 2.850.000 € |
| IRR over 5 years: | 15.24% |
| Cash flow: | 114.062 € |
| Cash flow per m2: | 207 € |
Partenaires
PROGRAM
480 residential units
FEATURES ON SITE
Serviceflats
Sustainable
FEATURES AT PROXIMITY
Green areas
Shopping
Railway station
