Property for sale in Luxembourg

Is a commune with city status, and the capital of the Grand Duchy of Luxembourg. It is located at the confluence of the Alzette and Pétrusse rivers in southern Luxembourg and contains the historic Luxembourg Castle, established by the Franks in the Early Middle Ages, about which the area grew up.

Is a small landlocked country in western Europe, bordered by Belgium, France, and Germany. Luxembourg has a population of under half a million people in an area of approximately 2,586 square kilometers (999 sq mi).

Housing costs in Luxembourg reflect the general level of prosperity the Duchy has enjoyed, and rentals can be difficult to find, particularly in Luxembourg City. Many of the Duchy’s workers (over half, in fact) commute each day from neighboring Belgium, France or Germany, where housing costs are generally lower.

Home ownership is popular and on the increase. Around three-quarters of Luxembourgers own their own homes, often building their dream home on a purchased plot of land.

If you’re coming to live in Luxembourg for less than five years, you’ll probably find that renting is the easiest (and in some cases, the most economical) solution. It’s also the answer for those who don’t want the trouble, expense and restrictions associated with buying property. Even if you’re likely to be staying in the region indefinitely, it’s wise to start in rented premises until you’ve got to know the customs and legalities of buying and owning property.

Rental property for sale in Luxembourg can be difficult to find, particularly at short notice, and rents are generally high.

 But Luxembourg has high levels of investment freedom, trade freedom, financial freedom, property rights, and business freedom. The average tariff rate is low (though non-tariff barriers include EU subsidies), and business regulation is efficient. Virtually all commercial operations are simple and transparent. The government has streamlined registration for all new businesses.