DEVELOPER MOOTS MONORAIL TO SOLVE TRAFFIC IN LUXEMBOURG

The head of a construction firm has submitted a petition to build a monorail linking the capital to four towns, including three over the border, in a bid to reduce traffic.

 

Guy Rollinger’s petition 921 calls for the creation of a zero emission Ecorail, built along railway tracks to Esch-sur-Alzette, Arlon, Trier and Thionville. Construction of the new means of transport, he writes, would not impact existing public transport or require purchase of land.

He justifies the project by pointing out that over 180,000 cross-border workers come to Luxembourg each day. The traffic problems generated by their movements as well as the journeys of residents “are getting more dramatic every day,” he writes. He says the routes proposed would have to be studied further.

In case anyone questions whether Mr Rollinger is not simply looking to make work for his own construction group, he concludes that his motivation is simply to “offer ideas to combat problems facing the Luxembourg population, without bringing any profits.”

It is not the first time the idea has been mooted. In a French proposal (2015) to build a Thionville-Luxembourg City monorail link was dismissed by the infrastructure ministry, a spokesperson for which said that its long-term development programme did not have

space for such extras.

Intitulé de la pétition:

Le Monorail (Ecorail) : la solution innovante pour mettre un terme aux embouteillages sur nos autoroutes

But de la pétition:

Construire des lignes monorails (Ecorail) surélevées entre les voies de l’autoroute, sur des poteaux, capables de passer au-dessus d’infrastructures comme les ponts. Il est également possible de construire des piliers pour le Monorail sur le tracé des voies ferrées. Ces lignes Ecorail sont parfaitement compatibles et en aucun cas en concurrence avec les moyens de transport en commun existants, tout en les complétant. Le but de la pétition est de mettre en place un nouveau moyen de transport ; – écologique : zéro émission car électrique, pas d’abattage d’arbres, faible émission sonore (sur pneumatique donc silencieux), intégration harmonieuse dans le paysage et dans le tissu urbain, design élégant et moderne – économique : aucun achat de terrains, ni expropriation, construction à moindre coût, construction rapide, coûts de maintenance réduits, effet positif sur ie tourisme et sur l’économie nationale – sûr : infrastructure à 2 voies, dérailiement impossible, pas de carrefour, pas d’entrave à la circulation routière, pas de risque d’accidents impliquant des piétons et autres moyens de transports

Motivation de i’intérêt générai de la pétition:

Près de 180.000 frontaliers résidant en France, en Allemagne ou en Belgique utilisent les routes et autoroutes luxembourgeoises pour à la fois quotidiennement se rendre au travail et rentrer au domicile. Il s’agit du flux de travailleurs frontaliers le plus important au sein de l’Union Européenne. A cela, s’ajoutent les 220.000 résidents et les 100.000 étudiants. Les problèmes de circulation au Luxembourg deviennent chaque jour plus dramatiques. Nos autoroutes sont embouteillées tous les jours même en dehors des heures de pointes. Selon une étude récente, ces embouteillages occasionnent un stress inutile et des pertes économiques à hauteur de 150 millions d’euros par jour ! Mais pour chacun de ces problèmes, il existe une solution, une vraie alternative ; l’Ecorail ! Proposer un moyen de transport, attractif, abordabie, connecté au Tram qui dessert la Ville de Luxembourg, afin d’assurer une meilleure mobilité sur les autoroutes luxembourgeoises. Les lignes possibles pour l’Ecorail (mais encore à étudier) sont : – Esch à l’une des gares du Tram (autoroute A4) : – Arlon à l’une des gares du Tram (autoroute A6) ; – Trêves à l’une des gares du Tram (autoroute Al) ; – Thionville à l’une des gares du Tram (autoroute A3). L’Ecorail pourrait être parfaitement élaboré, réalisé et exploité par un organisme étatique qui ne répond qu’à l’intérêt général. La société privée qui soumet ce concept a pour seule philosophie d’apporter des idées aux problèmes rencontrés par la population luxembourgeoise sans rechercher un quelconque profit.

Dépôt: le 08.12.2017 à 17:05 Pétitionnaire: Guy ROLLiNGER

 

 

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20 most expensive places for expats to rent a home in Europe, 2018 and 2017

Luxembourg City is the 11th most expensive location for rent accommodation in Europe, an annual expat survey has found. 

 

That is down from 9th place last year, according to ECA International, an employee compensation consultancy. The firm said it looked at the cost of renting “an unfurnished, mid-market, three-bedroom apartment in prime areas” of several cities across the globe.

ECA stated that:

“The research compares rental costs in accommodation in areas typically inhabited by expatriate staff in over 240 locations worldwide.”

To carry out its research:

“ECA uses a global network of estate agents, relocation agents and extensive in-house research into worldwide property markets to establish and verify the housing data in the reports.”

In this year’s study, London was by far the most expensive location in Europe, followed by Moscow. A pair of Swiss cities also featured in the top 10.

In addition, ECA reported that:

“One of the highest rent increases in Europe for expats is in Dublin, which enters the top 10 most expensive cities to rent for the first time.”

Eastern European cities such as Prague and Warsaw also saw “sharp increases in rental prices” this year.

hello@yous.lu

YOUS REAL ESTATE AND BUSINESS CONSULTING GROUP S.A.

Commercial and Residential Real Estate Group

76/78 Grand-Rue L-1660 Luxembourg
+352 691 22 57 57 OU 27 47 81 41
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New ArcelorMittal HQ coming to Kirchberg

Winning design by French architects Wilmotte & Associés is for ‘transparent’ building using steel made in Luxembourg.

A 16-floor building – half of which will be offices, the other public space – to serve as ArcelorMittal’s global headquarters is to be built in Kirchberg.

Announcing the plans on Wednesday, the world’s leading steel company will build on a 7,273 square metre site near the Philharmonie.

Around 3,500 sq m will become offices, and the remaining space will be used for a woodland garden, public restaurant and auditorium.

ArcelorMittal CFO Aditya Mittal described the project as an “iconic building” that would be a “showcase for steel”.

The winning design by French architects Wilmotte & Associés is a transparent building using steel made in Luxembourg.

It will have a suspended garden hanging above the centre, where the public will be able to walk along the corridors linking both ends.

ArcelorMittal will occupy around 40% of the building, set for completion by 2021. The rest will be leased out to tenants.

“One of the key things about this building that was important to us was it should be a showcase for steel and a place where the public can enjoy its use and be a great place to work,” Mittal said.

“We want the building to be part of life in Kirchberg.”

The design, selected by a jury, was chosen for its use of visible steel in the design, its sustainability and “contribution of high-quality space”.

Half of the space allocated for the site will be public space, which people can access at any time.

Architect Jean-Michel Wilmotte said the building was “unique” due to its location in the European quarter, its 50% allocation for public use through the restaurant and auditorium and the use of steel as the main component.

Between 5,000 and 7,000 tonnes of steel will be used.

Mittal declined to give an indication of the budget for the building, saying only that it was a “financially appropriate transaction”.

New ArcelorMittal HQ coming to Kirchberg

 

 

Brexit boosts Luxembourg’s real estate prospects

The city for the first time entered the ranks of the most attractive cities in Europe, claiming ninth spot in an annual real estate forecast published jointly by the Urban Land Institute and PwC.
Luxembourg has been ranked in the top 10 cities in Europe for real estate investment and development in 2018, amid expectations it will benefit from Britain’s departure from the EU.

The city for the first time entered the ranks of the most attractive cities in Europe, claiming ninth spot in an annual real estate forecast published jointly by the Urban Land Institute and PwC.

Brexit underpinned Luxembourg’s place in the rankings, according to the report, which is based on a survey of 800 real estate professionals in Europe.

We see Luxembourg as a very attractive alternative for London. You can already see increasing construction activity there since the Brexit vote,” a Swiss investor said in the survey.

The city’s strong financial sector, its growing economy and major investments in industrial sites, data centres and logistics were all cited as positives.

However, the report said the city is expensive to live in and there are concerns around infrastructure capacity due to a lack of residential, retail and schools planned to accommodate an influx of new businesses.

Real estate investors also find it “hard to place capital” into Luxembourg and yields are low for a small market.

Yields for the best office buildings in prime districts like Kirchberg and Cloche d’Or stand at 4.35%, while in secondary locations in the suburbs yields are between 5% – 6.75%.

The Grand-Duchy’s capital was also ranked fourth overall for an expected increase in rents and capital values in 2018.

London, on the other hand, was expected to see a fall in values on both counts and was ranked 27th overall.

“There is not a lot of tangible evidence of Brexit’s impact on the markets we play in – except in Luxembourg,” said the head of real estate at a European insurance group.

POWERPOINT CLEF FILE3 FIND A PROPERTY

 

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YOUS REAL ESTATE AND BUSINESS CONSULTING GROUP S.A.
76/78 Grand-Rue L-1660 Luxembourg
+352 691 22 57 57 OU 27 47 81 41
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Finding a rental property in Luxembourg

 

How to find a property

Supply of housing in Luxembourg is low and demand high. Add to this the astronomical price of land, and you create an expensive landlord’s market.

Deciding on an area

Work and school locations are the two biggest influencers in deciding where you should rent. Whilst public transport is good in Luxembourg, journey times can quadruple during rush hour making even short journeys time-consuming. Check out schools locations and bus/train timetable routes. Generally speaking city centre locations tend to favour apartments whilst the suburbs have far more houses with gardens.

Budget will be a big factor in your location. The average monthly rental cost for an apartment in Luxembourg is 1,378 Euros and for a house 2,357 Euros.

Estate agents

Because it’s a renter’s market, you’ll find you’re chasing estate agents. If you’re coming from overseas for a pre-visit, you can line up house viewings in one day. Expect estate agents to find properties at the top end of your budget.

Remember that notice periods can be 2-3 months, so start your property search in plenty of time. Many estate agencies specialise in specific localities so if you know where you want to live, register with them (you can use the site below which aggregate other agency adverts).

Beyond estate agencies, private rentals are posted on http://yous.lu/en/ which is also an aggregator site. Don’t forget to ask around at work, someone might be moving or renting their property.

It is not impossible to rent furnished apartments but expect most places to be unfurnished, which also means no light fittings. Estate agencies will expect a month’s rent plus VAT in fees.

Utilities

Rental usually does not include gas (or oil), electricity, telephone, broadband, rubbish collection, and water rates, but some city apartments may include these in the rental price. Many properties will list energy ratings and you can ask the current tenants what the utilities cost. Expect to add a couple of hundred a month to your rental costs for these. You can find out about utility suppliers on the AngloInfo site or the Luxembourg government website.

Things to know before you sign

In addition to utilities you may have responsibility for other elements of the property. Contracts can include servicing the boiler, sweeping out chimneys and maintenance of the garden.

Contrat de bail à loyer (rental contract)

Contracts vary, but generally the standard is 3 years with a diplomatic clause. Be aware, that you literally have to leave the country to invoke this. It is getting easier to secure one-year contracts but specify this with the estate agent.

If your rental property includes some utilities, the landlord has the right to reconcile costs at the end of the year and it is not unheard of for people to receive quite hefty gas and electricity reconciliation bills.

Equally, repairs can sometimes take landlords an eon to conduct, so consider adding a clause that states the landlord must repair essentials such as heating, dishwasher or oven within a maximum time limit.

Guichet.lu has details on entering a rental agreement here.

Dépôt de garantie (deposit or bond)

A refundable deposit is usually required in cash or more commonly via a bank guarantee, which is paid into an account in the tenant’s name, but requires authorisation from both parties for money to be released.

A deposit cannot exceed 3 month’s rent and must be refunded minus cost of repairs or service charges within 6 months of the end of the lease – so expect to wait to get it back.

Etats des Lieux (Inventory)

Before or on the day of moving in, your landlord or the agent will go through a rental inventory with you, listing everything included in the property and the state of this. It might be extra stress, but be careful to go through this a room at a time, as you might find you are charged for damage that you didn’t make when you leave the property.

This is also a useful time to check you know how the oven, dishwasher heating, hot water etc work. Gardening equipment such as lawnmowers, and washing machines and curtains are usually not included in the rental.

You will both sign the Etats des Lieux and when you leave your rental property you will both need to sign this again to release deposit funds. For details on the rental inventory from guichet.lu click here.

Insurance

You will be contractually required to have household and fire insurance covering the building, and insurance to cover contents supplied by the landlord such as a fully equipped kitchen. Consider adding parquet floors to the insurance. You will obviously want to ensure your own contents too. The main insurers in Luxembourg are LaLux, and Foyer

Ongoing tenancy

If you have a problem with any of the equipment provided ie heating, dishwasher, oven, you should be able to call the estate agent or landlord directly to fix these.

Most contracts state that the property must be left in the condition you rented it. If your children have left sticky handprints all over the paintwork or scratched the parquet flooring, expect to be charged for these to be redecorated or repaired.

Giving notice

Notice on a rental property must be given usually 3 months before the end of the contract in writing and sent by registered post.

The landlord has the right to show prospective tenants your new property in the final three months. If you want to leave early and can find a tenant who is acceptable to the landlord, you might be able to circumvent the contract. The landlord also has the right to give notice on a property if s/he intends to sell it.

Guichet.lu has information on terminating a lease here. For details of what to do in a conflict, for financial aid and other rental matters click here.How to find a property

Supply of housing in Luxembourg is low and demand high. Add to this the astronomical price of land, and you create an expensive landlord’s market.

Deciding on an area

Work and school locations are the two biggest influencers in deciding where you should rent. Whilst public transport is good in Luxembourg, journey times can quadruple during rush hour making even short journeys time-consuming. Check out schools locations and bus/train timetable routes. Generally speaking city centre locations tend to favour apartments whilst the suburbs have far more houses with gardens.

Budget will be a big factor in your location. The average monthly rental cost for an apartment in Luxembourg is 1,378 Euros and for a house 2,357 Euros.

Estate agents

Because it’s a renter’s market, you’ll find you’re chasing estate agents. If you’re coming from overseas for a pre-visit, you can line up house viewings in one day. Expect estate agents to find properties at the top end of your budget.

Remember that notice periods can be 2-3 months, so start your property search in plenty of time. Many estate agencies specialise in specific localities so if you know where you want to live, register with them (you can use the site below which aggregate other agency adverts).

Beyond estate agencies, private rentals are posted on http://yous.lu/en/ which is also an aggregator site. Don’t forget to ask around at work, someone might be moving or renting their property.

It is not impossible to rent furnished apartments but expect most places to be unfurnished, which also means no light fittings. Estate agencies will expect a month’s rent plus VAT in fees.

Utilities

Rental usually does not include gas (or oil), electricity, telephone, broadband, rubbish collection, and water rates, but some city apartments may include these in the rental price. Many properties will list energy ratings and you can ask the current tenants what the utilities cost. Expect to add a couple of hundred a month to your rental costs for these. You can find out about utility suppliers on the AngloInfo site or the Luxembourg government website.

Things to know before you sign

In addition to utilities you may have responsibility for other elements of the property. Contracts can include servicing the boiler, sweeping out chimneys and maintenance of the garden.

Contrat de bail à loyer (rental contract)

Contracts vary, but generally the standard is 3 years with a diplomatic clause. Be aware, that you literally have to leave the country to invoke this. It is getting easier to secure one-year contracts but specify this with the estate agent.

If your rental property includes some utilities, the landlord has the right to reconcile costs at the end of the year and it is not unheard of for people to receive quite hefty gas and electricity reconciliation bills.

Equally, repairs can sometimes take landlords an eon to conduct, so consider adding a clause that states the landlord must repair essentials such as heating, dishwasher or oven within a maximum time limit.

Guichet.lu has details on entering a rental agreement here.

Dépôt de garantie (deposit or bond)

A refundable deposit is usually required in cash or more commonly via a bank guarantee, which is paid into an account in the tenant’s name, but requires authorisation from both parties for money to be released.

A deposit cannot exceed 3 month’s rent and must be refunded minus cost of repairs or service charges within 6 months of the end of the lease – so expect to wait to get it back.

Etats des Lieux (Inventory)

Before or on the day of moving in, your landlord or the agent will go through a rental inventory with you, listing everything included in the property and the state of this. It might be extra stress, but be careful to go through this a room at a time, as you might find you are charged for damage that you didn’t make when you leave the property.

This is also a useful time to check you know how the oven, dishwasher heating, hot water etc work. Gardening equipment such as lawnmowers, and washing machines and curtains are usually not included in the rental.

You will both sign the Etats des Lieux and when you leave your rental property you will both need to sign this again to release deposit funds. For details on the rental inventory from guichet.lu click here.

Insurance

You will be contractually required to have household and fire insurance covering the building, and insurance to cover contents supplied by the landlord such as a fully equipped kitchen. Consider adding parquet floors to the insurance. You will obviously want to ensure your own contents too. The main insurers in Luxembourg are LaLux, and Foyer

Ongoing tenancy

If you have a problem with any of the equipment provided ie heating, dishwasher, oven, you should be able to call the estate agent or landlord directly to fix these.

Most contracts state that the property must be left in the condition you rented it. If your children have left sticky handprints all over the paintwork or scratched the parquet flooring, expect to be charged for these to be redecorated or repaired.

Giving notice

Notice on a rental property must be given usually 3 months before the end of the contract in writing and sent by registered post.

The landlord has the right to show prospective tenants your new property in the final three months. If you want to leave early and can find a tenant who is acceptable to the landlord, you might be able to circumvent the contract. The landlord also has the right to give notice on a property if s/he intends to sell it.

Guichet.lu has information on terminating a lease here. For details of what to do in a conflict, for financial aid and other rental matters click here.

YOUS REAL ESTATE AND BUSINESS CONSULTING GROUP S.A.
76/78 Grand-Rue L-1660 Luxembourg
+352 691 22 57 57 OU 27 47 81 41
Facebook | Twitter | http://www.yous.eu

Add us to your address book

Copyright © 2017 Yous Real Estate Group,
All rights reserved. –
contact@yous.lu

L’imposition de la plus-value immobilière à seulement 1/4 du taux global jusqu’au 31.12.2017!

En matière des impôts directs, le revenu dégagé par la vente ou cession d’un immeuble du patrimoine privé est, en principe, imposable comme revenu net divers feuille D du modèle 100.

Est toutefois exempt de l’impôt sur le revenu, le revenu réalisé par la vente de la résidence principale appartenant au contribuable. Les détails d’une vente ou cession peuvent être déclarés dans le modèle 700. La date de la vente à titre onéreux est la date de l’acte notarié.

La vente est imposable:

1. comme bénéfice de spéculation, conformément à l’article 99bis LIR, lorsque l’intervalle entre l’acquisition (ou la constitution) et la vente ne dépasse pas 2 ans.

Le revenu net divers est égal à la différence entre le prix de vente (de réalisation) et le prix d’acquisition (de revient).
Le taux d’impôt maximal s’élève à 40% (tarif ordinaire).

2. comme plus-value, conformément à l’article 99ter LIR, lorsque l’intervalle entre l’acquisition (ou la constitution) et la vente dépasse deux ans.

Le revenu net divers est égal à la différence entre le prix de vente et le prix d’acquisition réévalué (par multiplication avec le coeeficient correspondant au tableau reproduit à la page 3 du modèle 700).

Le taux d’impôt maximal s’élève à 10% (quart du taux global) pour les revenus réalisés au cours de la période allant du 1er juillet 2016 au 31 décembre 2017 et à 20% (demi-taux global) pour les autres.

Confiez la vente de vos biens immobiliers à YOUS REAL ESTATE AND BUSINESS CONSULTING GROUP Luxembourg et profitez de notre savoir-faire!

YOUS REAL ESTATE AND BUSINESS CONSULTING GROUP S.A.
76/78 Grand-Rue L-1660 Luxembourg
+352 691 22 57 57 OU 27 47 81 41 ou hello@yous.lu
Facebook | Twitter | http://www.yous.eu

Add us to your address book

Copyright © 2017 Yous Real Estate Group,
All rights reserved. –
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astuce3-full-7825611

**Affaire à saisir**YOUS REAL ESTATE AND BUSINESS CONSULTING GROUP S.A. spécialiste de l’immobilier à Schutterange vous propose en exclusivité à la vente ces splendides terrains avec une situation idéale à proximité de la forêt et bénéficiant d’une vue dominante sur la vallée, et ceci à quelques minutes du centre-ville à Luxembourg.

Ces terrains font partie d’un projet d’aménagement particulier obtenu en 2016.

TERRAIN SUR P.A.P. 8,21 ARES SANS CONTRAT DE CONSTRUCTION PRIX 755.320€.

TERRAIN SUR P.A.P. 10.39 ARES SANS CONTRAT DE CONSTRUCTION PRIX 789.640€.

Les terrains offrent un panorama exclusif sur la nature, la forêt, et une orientation Nord-Sud optimale.

Le gabarit constructible permet d’y développer des projets de villas contemporaines allant jusqu’à 320m² environ.

Les terrains sont vendus avec ou sans contrat de construction, viabilisé.

Les travaux d’infrastructure ont démarré et seront finalisés en septembre 2017.
Exposition Sud-Ouest

 

Residential

Buying or renting, our aim is the same: to match people to their perfect property.