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 [...]
Purchase
Buying off-plan: the main steps
Buying off-plan or selling in the future state of completion (VEFA) consists, for the buyer, in acquiring a property to be built. Real estate companies offer prospective buyers new properties, still at the planning stage, on plan or sometimes even as a virtual visit thanks to the animated 3D plan. Book your property on plan [...]
The ten-year guarantee: your new home is covered for 10 years
When constructing or renovating a residential building, it is necessary to call on professionals to carry out these often complex operations. Architects and craftsmen are therefore liable in the event of damage to the future purchaser, through the application of specific guarantees: the most important [...]