During a property transaction, the old and new owners usually draw up a preliminary sales agreement to seal their agreement on the sale of the property. What exactly is the purpose of the preliminary sales agreement? And what is its legal value? In this dossier, we offer you all you need to know about the preliminary sales agreement in [...].
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How do I know if I can negotiate a property price?
In practice, the advertised selling price of the flat or house you have found is not necessarily the one you will ultimately pay. In real estate, negotiating the price of a property is quite common...But how do I know if I can negotiate? Keeping up to date with the property market When you start [...]
Moving: 5 tips to prepare for the big day
Moving into a new house or flat is always a special event. Here are five things you can do in advance to ensure a successful move! 1- Pack smart Think about labelling your boxes and cartons with the destination room, this will make unpacking much easier.if you are very organised, you can list what you want to move.
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.
The signing of the sales agreement
Before going to the notary, the seller and the buyer often wish to formalise their agreement in writing: they sign a preliminary sales agreement.
Investing in a parking space in Luxembourg
We often talk about investing in real estate, buying to rent, renovating an old building, etc. However, there is another investment solution that can be very profitable: investing in a parking space, with the intention of renting it out, of course. The profitability varies between 6 % and 12 %. It [...]
Fixed or variable rate mortgage?
Choosing between a fixed-rate mortgage or a variable-rate loan requires particular vigilance because, depending on the formula chosen, the monthly payments can vary greatly. The rate chosen determines the financial burden that the borrower will have to bear through the amount of interest to be paid.
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 [...]
Rental investment: the importance of location
Continuation of our dossier on rental investment. After choosing the flat, let's look at the location, as you will see the location of the property you are going to rent is fundamental to achieving your objectives, whatever they may be. The location, the first criterion of choice When you make a rental investment, the biggest risk is that of vacancy. Do not [...]