Studio Esch sur Alzette2019-02-01T10:13:21+00:00
Ex ante statusRenovation ongoing

STUDIO ESCH SUR ALZETTE(LUXEMBOURG)

STRATEGY

● Maximize the value of the property on the market of furnished rentals
● Increase market value of the property
● Lower running costs for the tenant & reduce routine maintenance costs

ECONOMY

● Final commercial value of the property: 230 – 250k €
● Cost of renovation work: 5.5% of the final commercial value
● Rent increase: 15%
● Reduction of operating costs: 10%
● Net return on investment: 4.8%

TECHONOLOGY

● Surface area: 40.5 sqm
● Domestic hot water: electric instantaneous water heater 21 kW
● Windows: PVC, double glazing – Coefficient U = 1.80 W/sqm K
● Front door: class RC2 security
● Floors: glazed stoneware tiles, 120×20 cm – light oak

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