{"id":12368,"date":"2019-10-11T08:17:53","date_gmt":"2019-10-11T07:17:53","guid":{"rendered":"https:\/\/www.athome.lu\/blog\/?p=12368"},"modified":"2022-05-11T15:13:01","modified_gmt":"2022-05-11T13:13:01","slug":"real-estate-prices-in-high-rise-in-luxembourg","status":"publish","type":"post","link":"https:\/\/www.athome.lu\/blog\/en\/marche-immobilier\/prix\/des-prix-immobiliers-en-forte-hausse-au-luxembourg\/","title":{"rendered":"Property prices up sharply in Luxembourg"},"content":{"rendered":"<p><span style=\"color: #000000;\">In Luxembourg, property prices continue to rise...sharply! The average prices observed in September 2019 confirm the upward trend in the country.<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\">Renting: An average price of 1,576 euros to rent a flat<\/span><\/h2>\n\n\n\n<p><span style=\"color: #000000;\"><strong>This autumn, rents are averaging \u20ac1,576 for flats and \u20ac2,960 for houses<\/strong> (average rent for all areas).<br><\/span><br><span style=\"color: #000000;\">Over the last 12 years, there has been an increase of 6% and 8% in average rental prices respectively. This increase in rental rates is less pronounced compared to the previous period (March 2018-March 2019), when rents rose very sharply by between 10 and 16%. Indeed, it can be seen that over the last 6 months, rental prices have slowed down their increase. This is good news for those who are looking for a property to rent.<\/span><br><span style=\"color: #000000;\">For example, for a one-bedroom flat, tenants will have to pay an average of \u20ac1,390 in rent.<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\">Finally, it should be remembered that the majority of rental properties are still located in the centre of Luxembourg, hence the average prices remain high.<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\">Visit <a href=\"https:\/\/www.athome.lu\/blog\/blog\/athome-magazine-les-prix-immobiliers-au-luxembourg-oct-2019\/\">all prices in Luxembourg in atHome Magazine - October 2019 <\/a><\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\">Buying: A budget of \u20ac6,152\/m2 to buy a flat<\/span><\/h2>\n\n\n\n<p><span style=\"color: #000000;\">In September 2019, <strong>to become a homeowner in Luxembourg, an average budget of 527,757 euros is required for an old flat<\/strong> 859,280 for a house (average prices posted).<\/span><\/p>\n\n\n\n<p><span style=\"color: #000000;\">If the price increases observed during our last study (in March 2019) were already significant, we observe, in this autumn 2019, even more important increases. Indeed, average prices have risen sharply over the last 12 months: +14% for flats and +12% for houses.<br><\/span><br><span style=\"color: #000000;\">The housing shortage in the country is becoming more and more acute. The high demand is inexorably pushing up property prices.<\/span><br><span style=\"color: #000000;\">Today, it is \u20ac6,152 per square metre that buyers have to budget to become the owner of a flat in the Grand Duchy. In Luxembourg City, the price per square metre is \u20ac9,562.<\/span><\/p>\n\n\n\n<p><em>BASIS OF CALCULATION :<\/em><br><em>The statistics presented above, and in atHome Magazine, are based on the prices displayed in the ads published on atHome.lu between October 2018 and September 2019. The statistical sample consists of more than 18,300 real estate listings.<\/em><\/p>\n\n\n<section id=\"section-3-14695\" class=\"ct-section\" ><div class=\"ct-section-inner-wrap\"><div id=\"div_block-4-14695\" class=\"ct-div-block\" ><div id=\"new_columns-7-14695\" class=\"ct-new-columns\" ><div id=\"div_block-8-14695\" class=\"ct-div-block\" ><div id=\"div_block-14-14695\" class=\"ct-div-block\" ><\/div><\/div><div id=\"div_block-9-14695\" class=\"ct-div-block\" ><h1 id=\"headline-11-14695\" class=\"ct-headline\">What are the property prices at the moment?<\/h1><div id=\"text_block-12-14695\" class=\"ct-text-block\" >Prices are slowing down. Interest rates are rising. What are the trends for the coming months?<\/div><a id=\"link_button-13-14695\" class=\"ct-link-button\" href=\"https:\/\/www.athome.lu\/blog\/blog\/marche-immobilier\/prix\/tendances-2022\/\" target=\"_blank\"  >Read the analysis<\/a><\/div><\/div><\/div><\/div><\/section>\n\n\n<h2 class=\"wp-block-heading\"><span style=\"color: #000000;\">How to estimate the price of a flat or a house?<\/span><\/h2>\n\n\n\n<p><span style=\"color: #000000;\">The prices presented here, and in atHome Magazine, are averages calculated for the whole of Luxembourg. Property prices can vary greatly from one region to another, but also according to the specific characteristics of the property.<br><\/span><br><span style=\"color: #000000;\">To estimate a property, atHome.lu now offers a new tool for<a href=\"https:\/\/www.athome.lu\/blog\/estimer\">online estimate<\/a>. This new free service provides an initial evaluation of a property, i.e. an approximate value of the house or flat, based on the information previously provided by the user (property characteristics).<br><\/span><br><span style=\"color: #000000;\">The atHome estimate is calculated by an algorithm using data from the ads published on the atHome.lu website. It is not a prediction, nor a definitive value, but an indication of the potential value* of a property.<br><\/span><br><span style=\"color: #000000;\">For an accurate estimate, it is necessary to call on a real estate professional.<br><\/span><span style=\"color: #000000;\"><br><\/span><br><em><span style=\"color: #000000;\">* atHome.lu does not guarantee the accuracy and reliability of the information contained in the estimated value.<\/span><\/em><\/p>\n\n\n\n<p><strong><span style=\"color: #000000;\">All property prices in Luxembourg are published in atHome Magazine Autumn 2019. Available in the Kiosk, at all partner estate agents and via the Lesezirkel network.<\/span><\/strong><\/p>","protected":false},"excerpt":{"rendered":"<p>Au Luxembourg, les prix de l\u2019immobilier continuent d'augmenter...fortement ! Les prix moyens observ\u00e9es en septembre 2019 confirme la tendance \u00e0 la hausse dans le pays. Location : Un prix moyen de 1 576 euros pour louer un appartement Cet automne, les prix des loyers atteignent 1 576 euros en moyenne pour les appartements et 2 [&hellip;]<\/p>\n","protected":false},"author":17,"featured_media":12385,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[219],"tags":[30,49,32],"class_list":["post-12368","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-prix","tag-achat","tag-location","tag-prix"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Des prix immobiliers en forte hausse au Luxembourg - atHome Blog<\/title>\n<meta name=\"description\" content=\"atHome pr\u00e9sente les grandes tendances des prix de l\u2019immobilier au Luxembourg, publi\u00e9es dans atHome Magazine Automne 2019.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.athome.lu\/blog\/en\/real-estate-market\/price\/real-estate-prices-in-high-rise-in-luxembourg\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Des prix immobiliers en forte hausse au Luxembourg - 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