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.
File: The sales agreement
During a property transaction, the old and new owners usually draw up a preliminary sales agreement to seal their agreement on the sale of the property. What exactly is the purpose of the preliminary sales agreement? And what is its legal value? In this dossier, we offer you all you need to know about the preliminary sales agreement in [...].
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 [...]
Tips for buying new
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 signing of the sales agreement
Before going to the notary, the seller and the buyer often wish to formalise their agreement in writing: they sign a preliminary sales agreement.
Investing in a parking space in Luxembourg
We often talk about investing in real estate, buying to rent, renovating an old building, etc. However, there is another investment solution that can be very profitable: investing in a parking space, with the intention of renting it out, of course. The profitability varies between 6 % and 12 %. It [...]
5 reasons to buy new
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 [...]