Real estate prices are globally high: update 2019

Are you intending to settle down in Luxembourg? You should know that real estate prices are globally high, be it when buying or renting an accommodation, and keep increasing because of a shortage in housing. It is true that buildings and houses construction sites can be seen everywhere in Luxembourg, still, the offer is currently […]

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Rents rising, but not as quickly as house prices

Anyone who has glanced at real estate adverts will know the Luxembourg market is rapidly outpricing households on moderate incomes. But less is said about the rental market. According to new figures published by the Housing Observatory (Observatoire de l’Habitat), advertised monthly rents rose annually by 3% from 2008 to 2017. The increase was slightly […]

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Buying costs are moderate in Luxembourg

When signing a real estate acquisition notary act, you will have to pay at the notary different fees.  Registration fees Registration fees are calculated on the value of the land and buildings on this land, at 6%. If the purchaser is living in Luxembourg or plans to live in this new acquisition, he can benefit from […]

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