If you rent out a house or flat that you own, the resulting rental income is taxable on your Luxembourg tax return. This applies to all residents who have a property to rent in Luxembourg or abroad, as well as to cross-border commuters who have a property to rent in Luxembourg [...]
Landlord
Rental investment: securing your rents
Investing in residential rental property in Luxembourg is a good way to prepare for retirement or to build up your assets. This investment can be a very profitable operation in a Luxembourg property market that is very dynamic. With a growing number of residents and a real estate supply that is struggling to absorb the increase in the number of [...]
Renting out your property as a shared flat: the advantages
Faced with the constant increase in property prices, shared accommodation is becoming an affordable solution for housing in the capital or the Grand Duchy's popular communes. Until recently, it was mostly reserved for students and young professionals. Today, it is attracting a wider section of the population. This is a godsend for those [...]
The content of the lease contract
When renting a house or a flat, a lease contract is usually drawn up between the landlord and the tenant. What should it contain? What should it say? Claudia Thirion, a lawyer specialising in real estate law, provides an answer. Essential information Precise identification of the parties to the contract, particularly if there are several tenants and [...]
Renting: selecting the tenant
The third and final part of our dossier on renting out a property, in which Claudia Thirion gives us her recommendations on selecting a tenant and, in particular, the rules to be observed when choosing candidates. Documents to be requested from the prospective tenant When renting a property, the documents to be requested [...]
Renting: the documents to be presented
In the first part of this series of articles on renting, we talked about the landlord's obligations regarding the condition of the property when renting it out. In this part, Claudia Thirion explains the documents that the landlord must have in order to rent out the property. Part 1: Renting out a property: an important [...]
Everything you need to know about seasonal rental
As the holidays approach, advertisements for accommodation are flooding in on the web or in agencies. Whether you are an owner or a tenant, here is everything you need to know about seasonal rental. Seasonal rental in a few words... Seasonal rental refers to the rental of a villa, a furnished studio, a villa... for a day or even a week.
Renting: a dwelling in a state of readiness to be rented
Claudia Thirion, a real estate lawyer in Luxembourg, provides us with her expertise on practical recommendations prior to the conclusion of a lease contract. The landlord's obligation to deliver a flat in good condition....... When a landlord makes a property available for rent, he must ensure that the property is in good condition. This [...]