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There are many new projects in Luxembourg, particularly in the capital, where the majority of new buildings are located. In March 2019, the average price of a new flat in the Grand Duchy is 582,676 euros (prices posted, all surfaces combined). Over the period 2018-2019, this average budget has seen a similar increase to flats [...]

This time, it's decided! You are going to buy a new home in Luxembourg. But such a step cannot be taken without a minimum of reflection and, above all, information. To help you choose the property of your dreams, read this article. A safe bet in Luxembourg Every year, the Grand Duchy sees its number of new homeowners rise.

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.

Used in the context of forward sales or sales in the future state of completion (VEFA), the reservation contract is concluded between the developer and the buyer. It is the only valid contract for reserving all or part of a building. The reservation contract The reservation contract is drawn up before the payment is made.

When buying a property, the question arises: is it better to buy an old house or to invest in a new building? We have listed the advantages and disadvantages of each type of purchase for you. Buying an old building and renovating it There are 3 main advantages to buying an old building: 1- A higher price per square metre [...].

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 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 [...]

The real estate market in Luxembourg remains dynamic in 2017, and sales prices reflect the good health of the sector. We present our first observations on the prices of new and existing homes (figures published in atHome Magazine). Older homes: the older home market continues to grow Older homes are showing a strong growth in prices, with [...].

Since 1 January 2015, VAT in Luxembourg has increased. This concerns the standard rate, the reduced rate as well as the intermediate rate, which will increase respectively from 15 to 17%, from 6 to 8% and from 12 to 14 %. The super-reduced rate of 3 % will only be reserved for the acquisition of a new good intended for personal use, i.e. for [...]