📌 CONFIEZ-NOUS LA VENTE OU LA LOCATION DE VOTRE MAISON/APPARTEMENT.

CONFIEZ-NOUS LA VENTE OU LA LOCATION DE VOTRE MAISON/APPARTEMENT.

 

NOUS NOUS ENGAGONS A EN PRENDRE SOIN EN VOUS PROPOSANT UN VERITABLE ACCOMPAGNEMENT PERSONNALISE, EN VOUS APPORTONS NOS CONSEILS, NOTRE PROFESSIONALISME ET EN METTANT A VOTRE SERVICE, NOS COMPETENCES ACQUISES DEPUIS PLUS QUE 10 ANS DANS CE METIER PASSIONANT.

 

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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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IMG_20171214_131835_1925819651.jpg

LUX REAL ESTATE OVERVALUED BY 6.85%

The rampant rise of Luxembourg property prices is partly down to an overvaluation, an economist at the BCL, Luxembourg’s central bank, has said.

In a report published on 13.02.2018, Sara Ferreira Filipe found that high residential real estate prices have led to an expansion of mortage credit, “which in turn triggers a further price increase”.

This, coupled with a limited supply and high demand from positive migration, “only partly explains the price dynamics of the residential real estate market in Luxembourg,” she wrote.

The tipping point was a “moderate but continued overvaluation of property prices”. Ferreira Filipe estimated the overvaluation at on average 6.85% since the start of 2012, but says the trend decreased over the last few quarters.

The economist further says that a correction of this overvaluation has been slower in Luxembourg than in other countries “at an average rate of 2.2% of the overvaluation each quarter.”

This, she states, means it will take 31.5 quarters (7.8 years) to reset half of the deviation from the fundamental value.

“In comparison correcting the deviation of mortgage credit from its own fundamentals takes only about a quarter,” the economist wrote, adding: “In sum, the results suggest that an imbalance in the mortgage market is corrected faster than in the real estate market.”

Residential real estate prices rose by 40% in Luxembourg from 2006 to 2016. Latest figures on house prices in Luxemborg

 

recorded a 4.9% increase from the third trimester of 2016 to the third trimester of 2017. A joint report from Statec and Liser found that the average price of a family house reached €649,425, an existing flat €5,002/sqm (+4.7%) and a new flat €6,316/sqm (+6.1%).

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
Facebook | Twitter | http://www.yous.eu

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Copyright © 2018 Yous Real Estate Group,
All rights reserved. –
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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
Facebook | Twitter | http://www.yous.eu

Add us to your address book

Copyright © 2018 Yous Real Estate Group,
All rights reserved. –

contact@yous.lu

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 Ă  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.

DĂ©pĂŽt 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 Ă  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.

DĂ©pĂŽt 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

Les chiffres de l’immobilier en 2017 au Luxembourg:

Les chiffres de l’immobilier en 2017 au Luxembourg:

  • Loyer mensuel moyen d’un appartement au Luxembourg: 1 412 euros
  • Prix moyen moyen d’un appartement: 425 628 euros
  • Prix moyen d’une maison: 704 576 euros
  • Prix au m2 Ă  Luxembourg-ville: 7  114 euros/m2
  • Immobilier neuf:  47% des appartements neufs sont Ă  Luxembourg-ville

Les prix moyens prĂ©sentĂ©s ci-dessus sont issus de  atHome Magazine – octobre 2017, et se basent sur les prix affichĂ©s dans les annonces publiĂ©es sur atHome.lu entre septembre 2016 et septembre 2017.

**CHERCHONS POUR NOS CLIENTS A LUXEMBOURG APPARTEMENTS, MAISONS ET TERRAINS**

A VENDRE

APPARTEMENTS, STUDIOS, MAISONS, VILLAS, TERRAINS, DUPLEX, PENTHOUSES, ET MAISONS DE RAPPORT.

A LOUER

APPARTEMENTS, STUDIOS, MAISONS, VILLAS, DUPLEX ET PENTHOUSES

AU LUXEMBOURG CENTRE ET ALENTOURS PROCHES ET COMMUNES LIMITROPHES.

AUSSI NOUS VOUS PROPOSONS :

1. ESTIMATION REELLE

2. VENTE RAPIDE

3. OU ACHAT EVENTUEL PAR NOTRE SOCIETE

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

☆☆☆ TO LET // A LOUER☆☆☆ BELLE MAISON 4 CHAMBRES SUR LES HAUTEURS DE STEINSEL, AVEC VUE INOUBLIABLE SUR LA VALLÉE DE L’ALZETTE

Rez de chaussée

– Hall d’entrĂ©e
– Living / CheminĂ©e
– Cuisine Ă©quipĂ©e sĂ©parĂ©e
– WC sĂ©parĂ©
– Balcon/terrasse

1er Ă©tage
– 2 chambres Ă  coucher ( 12m2, 12m2)
– Salle de douche
– 1 chambre parental (18m2) / Salle de bain 

Sous-sol
– Chambre Ă  coucher 11m2
– Salle de douches / WC
– Caves
– Buanderie
– Chaufferie
-Garage 

Jardin

CaractĂ©ristiques : 
Maison libre des 4 cĂŽtĂ©s / Vues magnifiques au-dessus de la vallĂ©e de l’Alzette / TrĂšs lumineux / Jardin / Terrasse / Garage 2 voitures 

Environnement : 
Rue calme et sans issue, Ă  l’orĂ©e d’un grand bois et de la nature (Steeseler Plateau)

CommoditĂ©s : 
400 mĂštres de l’Ă©cole prĂ©coce, maternelle et primaire de Steinsel / a 600 mĂštres du centre de Steinsel / commerces / transports en commun (ligne 10 de la Ville de Luxembourg) / a 16 minutes du Kirchberg (viaNordstrooss) / Ă  20 minutes de Luxembourg-centre (via Beggen) / Ă  10 minutes de Mersch / Ecole EuropĂ©enne : navettes directes vers Kirchberg (EE1) et Mamer (EE2).


**CHERCHONS POUR NOS CLIENTS A LUXEMBOURG APPARTEMENTS, MAISONS ET TERRAINS**

A VENDRE

APPARTEMENTS, STUDIOS, MAISONS, VILLAS, TERRAINS, DUPLEX, PENTHOUSES, ET MAISONS DE RAPPORT.

A LOUER

APPARTEMENTS, STUDIOS, MAISONS, VILLAS, DUPLEX ET PENTHOUSES

AU LUXEMBOURG CENTRE ET ALENTOURS PROCHES ET COMMUNES LIMITROPHES.

AUSSI NOUS VOUS PROPOSONS :

1. ESTIMATION REELLE

2. VENTE RAPIDE

3. OU ACHAT EVENTUEL PAR NOTRE SOCIETE

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

** A LOUER ** MAGNIFIQUE APPARTEMENT DUPLEX 2 CHAMBRES LUXEMBOURG (PFAFFENHAL) NOUVELLE CONSTRUCTION)

Descriptif :
1 hall d’entrĂ©e
1 cuisine équipée ouverte
1 salle à manger / 1 séjour
1 WC séparé / lave-mains
2 chambres / dressing
1 salle de bain / douche italienne et baignoire / WC

1 cave
1 buanderie commune

Caractéristiques :
Splendide duplex 2e Ă©tage 120m2 / Ascenseur / Moderne /TrĂšs lumineux / Finitions haut de gamme / Triple vitrage / Velux salle de bain / Volets Ă©lectriques / Interphone / Chauffage au sol / Ventilation mĂ©canique contrĂŽlĂ©e / FacilitĂ©s de parking (devant l’immeuble)

Environnement :
Un affluent de la SĂ»re / Sur la liste du patrimoine mondial de l’UNESCO / Proche du pont Grande-Duchesse Charlotte

Commodités :
Nouvel ascenseur / Kirchberg : 1km / Luxembourg Ville : 1km / Transports en commun / École

http://yous.lu/fr/for-rent/vsc-cca-lu003424-magnifique-appartement-duplex-2-chambres

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

MIR SCHWÄTZEN OCH LËTZEBUERGESCH