This time, it's decided! You are going to buy a new home in Luxembourg. But such a step cannot be taken without a minimum of reflection and, above all, information. To help you choose the property of your dreams, read this article. A safe bet in Luxembourg Every year, the Grand Duchy sees its number of new homeowners rise.
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How does financing a new flat work?
There are some strict rules for financing a flat that has been sold off before completion (VEFA). We explain how to finance your new flat. The amount of the personal contribution For a purchase off-plan, the banks' rules are the same as for the old. In general, the personal contribution required represents 10 % of the total cost of the property.
How can I benefit from a construction premium in Luxembourg?
When building or purchasing a property, you can benefit from financial assistance from the Luxembourg State. Who is concerned? For which property? Here are some answers. What is a building grant? This is a capital grant from the State that can be obtained for the construction of a building.
Reserving a new property: the reservation contract
Used in the context of forward sales or sales in the future state of completion (VEFA), the reservation contract is concluded between the developer and the buyer. It is the only valid contract for reserving all or part of a building. The reservation contract The reservation contract is drawn up before the payment is made.
Tips for buying new
Buying a property is often a matter of love at first sight. But when you decide to buy a new home, you can't visit it: you usually have to make do with simple plans. Our tips for making the right choice when buying new. Visiting the property Obviously, when you buy a flat, its appearance, type and location are important.
5 reasons to buy new
The new-build property market is important in Luxembourg. Demand is high, there are many developers, but little land available. This explains the higher prices than for older properties, but it is not the only reason! Because buying a new home means benefiting from many advantages. And here are the 5 [...]
Buying off-plan: the main steps
Buying off-plan or selling in the future state of completion (VEFA) consists, for the buyer, in acquiring a property to be built. Real estate companies offer prospective buyers new properties, still at the planning stage, on plan or sometimes even as a virtual visit thanks to the animated 3D plan. Book your property on plan [...]
The ten-year guarantee: your new home is covered for 10 years
When constructing or renovating a residential building, it is necessary to call on professionals to carry out these often complex operations. Architects and craftsmen are therefore liable in the event of damage to the future purchaser, through the application of specific guarantees: the most important [...]