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Real Estate in Luxembourg | Expat Exchange
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Flower Market in Luxembourg City

Real Estate in Luxembourg

By Joshua Wood, LPC

Last updated on Feb 03, 2024

Summary: An expat looking to buy a home in Luxembourg should begin by researching the local real estate market. They should look into the different neighborhoods and areas of the country to find the best fit for their needs. They should also consider their budget and the type of property they are looking for. Foreigners are allowed to purchase property in Luxembourg, however, there are certain restrictions in place. For example, foreigners are not allowed to purchase agricultural land or land that is part of a protected area. Houses in Luxembourg typically include modern amenities such as central heating, double glazing, and fitted kitchens. Many homes also have gardens and terraces, as well as access to public transportation.

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How do I find a place to live in Luxembourg?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"We have been here nearly 2 years. When my husband got the job offer to come over here, it was late August. The company flew us over in early September to look at housing. There was only one house in this town. After looking at houses that were 30 minutes from the school, we chose the first one. It's all about location, location, location. Our town has many expat families, so the carpooling opportunities are numerous. Besides, it is not our house, it is someone elses. Our time here is temporary. You don't want to spend weekends (Saturdays only as Sundays you can't use any power equipment!) worrying about the house. It's closer to school and a bit older, but conveniently located and serves the purpose," said one expat in Bertrange.

"Finding a place to live in Luxembourg can be a daunting task. The best way to start is by researching the different neighborhoods and areas of the country to determine which one best suits your needs. You can also look into local real estate agents who specialize in helping expats find a place to live. Additionally, there are a number of websites and online forums dedicated to helping expats find a place to live in Luxembourg. These websites often have listings of available apartments and houses, as well as helpful advice from other expats who have gone through the process. Finally, you can also look into local newspapers and classifieds for listings of available properties," remarked one member in Luxembourg.

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What is a typical expat home or apartment like in Luxembourg?

"We live in a single family 4 bedroom 2.5 bath brick house painted white. The whole neighborhood has painted white brick single family homes. It is European looking from the outside, but modern design on the inside. Most expats that I know in this small country live in similiar homes. Most of the homes here are duplexes with one mutual wall. In the city there are apartments of various sizes and row house style homes," said one expat in Bertrange.

"Expat homes and apartments in Luxembourg tend to be modern and well-equipped, with many featuring open-plan living areas and modern kitchens. Many expat homes and apartments also have access to balconies or terraces, providing stunning views of the city and countryside. Expats can also expect to find plenty of storage space, as well as high-speed internet and cable TV. In addition, many expat homes and apartments come with access to communal facilities such as swimming pools, gyms, and saunas," remarked one member in Luxembourg.

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What is the average cost of housing in Luxembourg?

If you are thinking about moving to Luxembourg, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Luxembourg is relatively high compared to other countries in Europe. Renting an apartment in Luxembourg can cost anywhere from €800 to €2,000 per month, depending on the size and location. Buying a property in Luxembourg can be even more expensive, with prices ranging from €2,000 to €4,000 per square meter," said one expat in Luxembourg.

"Our rental is higher than our mortgage. The euro is about 1.5 times the dollar. The average similiar sized home rents for between 3500 and 4200 euro per month. We get paid in US dollars with a subsidy to equalize the cost of living here. Our home is rented in the US, so we contribute to our rent payment here. Then get an adjustment to cover the increased cost of fuel, electricity, food etc," remarked one member in Bertrange.

Should I buy or rent a home in Luxembourg?

If you have not spent a lot of time in Luxembourg, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"Buying a home in Luxembourg can be a great investment, as the country has a strong economy and a stable housing market. However, it is important to consider the cost of living in Luxembourg, as it is one of the most expensive countries in Europe. Renting a home in Luxembourg can be a more affordable option, as it allows you to enjoy the benefits of living in the country without the long-term commitment of buying a home. Additionally, renting a home in Luxembourg can provide more flexibility, as you can move to a different area or even a different country if your circumstances change. Ultimately, the decision to buy or rent a home in Luxembourg should be based on your individual needs and financial situation," said one expat who made the move to Luxembourg.

What do I need to know when buying property in Luxembourg?

When we asked expats what advice they would give a foreigner before buying a property in Luxembourg, they said:

"1. It is important to research the local market and understand the different types of property available in Luxembourg. 2. It is advisable to seek professional advice from a lawyer or notary to ensure that all legal requirements are met. 3. It is important to be aware of the taxes and fees associated with buying property in Luxembourg, such as registration fees, transfer taxes, and notary fees. 4. It is important to understand the local laws and regulations regarding property ownership in Luxembourg. 5. It is important to be aware of the different types of mortgages available in Luxembourg and the associated interest rates. 6. It is important to be aware of the different types of insurance available in Luxembourg to protect your property. 7. It is important to be aware of the different types of rental agreements available in Luxembourg and the associated rental laws," explained one person living in Luxembourg.

Are foreigners allowed to own property in Luxembourg?

When we asked expats what advice they would give a foreigner before buying a property in Luxembourg, they said...

"Yes, foreigners are allowed to own property in Luxembourg. Non-residents of Luxembourg are allowed to purchase property in the country, however they must obtain a permit from the Ministry of Foreign Affairs before doing so. The permit is usually granted if the buyer can prove that they have sufficient financial resources to purchase the property and that they have a valid reason for wanting to purchase it. Additionally, non-residents must also pay a registration fee and a tax on the purchase of the property," remarked one foreigner who made the move to Luxembourg.

What appliances are typically included in a rental?

We asked foreigners in Luxembourg what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Luxembourg typically include a refrigerator, stove, oven, dishwasher, washing machine, and dryer. Additionally, some properties may include a microwave, toaster, and other small kitchen appliances," explained one foreigner living in Luxembourg.

Additional Information about Searching for a Home in Luxembourg:

We asked foreigners in Luxembourg what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats can search for homes in Luxembourg by looking at online listings, contacting real estate agents, and attending open houses. They can also search for rental properties by looking at classified ads, asking friends and colleagues for recommendations, and searching online for rental agencies. Additionally, expats can look for furnished apartments or houses by searching online for companies that specialize in providing furnished housing for expats," said one expat in Luxembourg.

About the Author

Joshua Wood Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.

Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.

Flower Market in Luxembourg City

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SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
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