Financing

Do you want to know if this is the right time for you to buy a property? In addition to your borrowing capacity, there are a number of other factors to take into account before considering financing the purchase of a house or flat in Luxembourg. Here they are. Find out about property prices The first step to take when buying a property in Luxembourg is to [...]

Are you planning to buy a flat in Luxembourg soon? In September 2018, the average selling price for an old flat in the Grand Duchy was €460,983. To go into more detail, we suggest you look at the average prices by type of accommodation. Flat prices by number of bedrooms [...]

When you take out a loan to buy a property in Luxembourg, financial institutions often require you to take out outstanding balance insurance to cover your loan. The purpose of this insurance is to protect your family against the risks of death or disability that would prevent you from being able to repay your loan. The [...]

Contrary to popular belief, buying without a down payment is possible in Luxembourg. However, to qualify for this total financing, you must meet certain conditions and provide guarantees. We'll tell you what they are! Financing at 110 % If you do not have any personal contribution to finance a flat or a house, you will have to make a down payment of [...].

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.

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.

Home ownership is not just for young people. Even if you are close to retirement, you can still buy a property and obtain a mortgage. Mortgages for senior citizens Contrary to popular belief, people who are close to retirement or even young pensioners can still buy a property.

Do you want to become a homeowner or carry out work, but you cannot offer sufficient guarantees to your bank or financial institution of choice? There is a solution to help you: the state guarantee. What is a state guarantee? The State guarantees to help people who cannot afford to pay for their home.

In Luxembourg, residents are borrowing more and more to invest in property. In a context where interest rates remain low, future homeowners are not hesitating to take out a larger property loan to buy their house or flat. Residents [...]