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 [...].
Purchase
Investing in rental property: 3 tips for good investment
Investing in rental property is always profitable. The price per square metre of living space in Luxembourg continues to rise and provides investors with an excellent return. Here are some tips on how to make a successful investment in property. Should you invest in new or old property? Investing in a new build project has several advantages. It doesn't require any [...]
Buying for two, between concessions and good compromises
Buying a house as a couple is often one of the first commitments made to each other. However, when it comes to choosing a property together, differences often arise. So, how do you reconcile the desires of each? Financially, how do you go about it? The first point to consider when thinking of buying a house together is how to pay for it.
How do I know if I can negotiate a property price?
In practice, the advertised selling price of the flat or house you have found is not necessarily the one you will ultimately pay. In real estate, negotiating the price of a property is quite common...But how do I know if I can negotiate? Keeping up to date with the property market When you start [...]
Rental investment: the importance of location
Continuation of our dossier on rental investment. After choosing the flat, let's look at the location, as you will see the location of the property you are going to rent is fundamental to achieving your objectives, whatever they may be. The location, the first criterion of choice When you make a rental investment, the biggest risk is that of vacancy. Do not [...]
What to check when buying a house
This house has literally caught your eye and you're ready to sign a provisional sales agreement to become its proud owner. But have you really checked everything? Aren't you in for some nasty surprises? Here's our checklist of things to look out for. Your future property under the microscope When you buy a property in Luxembourg, the seller has to check that you have the [...]
Property search: how to choose your visits
When you want to buy a property, it's useless or even counterproductive to visit so many places: your dream house could be passed over because you were elsewhere when it attracted someone else. Three steps to get organised. 1- Define your project precisely Defining your real estate project means defining the [...]
What are the most sought-after cities in the centre?
Would you like to move to the centre of Luxembourg? Or invest in real estate in this region? The central region of the Grand Duchy alone represents a large part of the country's real estate market. 30% of flats and 21 % of houses for sale in Luxembourg are located in the centre. In terms of price, flats have [...]
Living space: a standard for dwelling size
Until this standard, the notion of habitable surface was not clearly defined in Luxembourg. This lack of a calculation method could easily mislead sellers and buyers as to the real surface area of their homes. Since 15 March 2016, this essential notion of living area has been clarified and rules have been established for the [...]