Are you planning to buy a flat in Luxembourg soon?

You should know that in the Grand Duchy, the average sale price for an old flat was €460,983 in September 2018. To go into more detail, we suggest you look at the average prices by type of accommodation.

Prices of flats according to the number of rooms

In the autumn of 2018, a budget of €460,983 (posted price, all surfaces combined) is required to buy an old flat in Luxembourg, an increase of 8% over the last 12 months. Prices have particularly increased in the 2nd and 3rd quarter of this year.
With the exception of studios, all types of flats have seen their prices rise between 7 and 12 % over one year.

Flat prices per square metre

Last March the price of flats passed the €5,000 per square metre mark. Today, the square metre has reached €5,340, which is 9% more than a year ago. This increase also affects all types of flats, except for studios. However, the price per square metre for the latter peaks at €6,248!

Good to know: on the supply side, 2-bedroom flats represent the majority of the properties offered with 54% of the ads on atHome.lu.

Source: atHome Magazine - Autumn 2018