Who can buy a flat or a house in Luxembourg? With property prices rising all the time, this is the question many people may be asking. So what salary to buy in Luxembourg?

We asked our mortgage experts atHomeFinance to shed some light on the issue. Here is all you need to know.

How much do you have to pay to buy a flat?

In Luxembourg, the average price of a flat is €434,701*. This is a substantial budget which, in most cases, requires a loan from a bank.

Do you think you can borrow such an amount? How much salary do you need to finance a flat? Here is the answer!

According to our experts atHomeFinance, to finance a flat in the Grand Duchy, a couple will have to earn at least 4,000 euros net per month (Minimum wage requirement - excluding social income and without credit).

Example of financing with a 25-year mortgage at a fixed rate of 2.30 % :

For a personalized offer, please contact a loan application on atHomeFinance

How much do you have to earn to buy a house in Luxembourg?

Let's do the same exercise for the purchase of a house, which has an average price of 729,516 euros* in Luxembourg.

For a couple, and still according to our experts atHomeFinance, you must earn at least 7,120 euros net per month (Minimum wage requirement - excluding social income and without credit) to finance this property with a mortgage.

Example of financing with a 25-year mortgage at a fixed rate of 2.30 % :

For your home loan, ask our experts atHomeFinance !

*Source: atHome Magazine April 2018 - Average prices calculated on the prices displayed in the real estate ads on atHome.lu

** Credit simulation for information purposes only: neither atHome nor its partners are bound by the simulation parameters used.