Buying in a condominium means that you are committing yourself to share in the expenses related to the maintenance of your residence. In order to avoid unpleasant surprises, it is advisable for the future owner to find out about the current costs as well as the exceptional costs that he or she will have to pay. What to consider before buying a condominium [...]
Flat
Prices per square metre of flats in Luxembourg
In Luxembourg, and in particular in the centre and south of the country, demand for flats is high. How much money do you need to buy a flat in the Grand Duchy today? What are the prices per square metre in 2017? And what is the price difference between old and new flats? We tell you everything [...]
House vs. flat: what is the split in Luxembourg?
According to a recent study by Statec, 233,675 dwellings were counted in Luxembourg in March 2017, all of which are divided into 142,820 residential and semi residential buildings. 50% of houses - 50% of flats Half of the dwellings are single-family houses, 35% of the dwellings are in apartment buildings and 15% in apartment buildings.
A new flat costs 26% more than an old one
On average in Luxembourg, a new flat is sold for 6,051 euros/m2, and the price of an old flat is 4,795 euros/m2 (source: Statec - June 2017).if the price difference is on average 26% between new and old, it is explained by numerous advantages: the 5 reasons to buy new But [...]
Flat hunting: your checklist for choosing the right flat
You absolutely want parquet floors in the bedrooms, a fireplace and a parking space...? Everyone has their own criteria, but in real estate too, it's all a question of priorities and sometimes you have to go a little further and consider elements that you didn't realise at the start. Here's a checklist to help you make the right choice.
Modular furniture to save square metres
Enjoying a good level of comfort while living in a flat that could remind you of a doll's house is entirely possible... as long as you're a bit clever, make ingenious use of every square metre and opt for modular furniture. The kitchen Looking for modular furniture? Furniture manufacturers are not afraid of [...]
Micro-apartments are a trend
There is a solution for reasonably priced accommodation in large cities: the micro-apartment. The supply is growing rapidly, but what exactly are we talking about? Micro-apartments, a solution to the housing shortage In many large cities, the housing shortage is flagrant, not to mention the exorbitant prices of renting to the public.
FAQ's for first time buyers
When you are planning to buy your first property, there are a lot of questions. Here are the answers to some of them. How much should I contribute? You must be able to provide at least 10 % of the total cost of the purchase. The larger your deposit, the better the terms of the mortgage you take out.
Should you buy upstairs or downstairs?
One of the big considerations when buying a flat is whether to buy upstairs or downstairs. It's not just about having a good view, it's also about price. Indeed, generally flats positioned on the upper levels of a residence are more expensive, being not only more attractive [...]