Apartment block for sale

5-story bldg of 90 m² – Permit granted for 3 stud. accom.

👉 Book your viewing: https://www.plato.immo/c/54R7

Sky Realty presents this investment property comprising a ground floor and 4 upper floors, with a total surface area of ± 90 m², including cellars. Ideally located just steps from Place Fontainas and at the gateway to Brussels’ historic and tourist city centre, within immediate proximity of the pedestrian zone, the Bourse, Sainte-Catherine and the Grand-Place.

The property offers excellent rental potential after renovation and represents an attractive opportunity for a high-yield investment project in the heart of Brussels.

Planning permission was granted on 25/10/2024, valid for 3 years, for the creation of shared accommodation comprising 3 student rooms. The initial application was for 4 rooms, of which 3 were approved. The buyer remains free to explore various options for the future creation of a 4th room, subject to any required planning permissions.

The approved project provides for a 10.10 m² communal living area on the ground floor, a shared kitchen on the 1st floor and, from the 2nd to the 4th floor, one 11.70 m² student room per floor, each with its own private shower, washbasin and toilet.

Flat roof. The project also provides for the construction of an external staircase at the rear, allowing the living areas to be optimised and replacing the existing internal staircase, which is too narrow and in poor condition.

Substantial renovation works are required. Current situation: the building is uninhabitable and is currently subject to an official uninhabitability order.

Thanks to its particularly central location, immediately adjacent to Brussels’ tourist and commercial city centre, the property offers particularly attractive rental potential after renovation. Given its strategic location, it could also lend itself to other forms of furnished accommodation, such as short-term rentals via platforms such as Airbnb, subject to all applicable regulations and authorisations.

Another complementary option worth exploring would be the creation of a small commercial unit, such as a coffee shop, on the ground floor, subject to submitting the appropriate application and obtaining the necessary authorisations.

Plot: 17.43 m² | Cadastral income: €374.

A rare opportunity for an investor looking for a renovation project with strong rental potential in the very heart of Brussels.

👉 Viewings: https://www.plato.immo/c/54R7