Accommodation in Luxembourg City
The real estate market in Luxembourg City is notably distinctive when compared to other cities. Prices are considerably high, and there is a robust demand from local Luxembourgers and expatriates, focusing on the capital's real estate market.
Whether you are looking for a house or an apartment in Luxembourg City, you'll face similar challenges. Securing accommodation in the capital of the Grand Duchy can be time-consuming, prompting many individuals to turn to real estate agencies for assistance in finding a property that suits their budget and space needs. The demand is significant to the extent that several initiatives are underway to improve Luxembourg's housing situation.
Property prices in Luxembourg
The variations in property prices within different districts of the capital city are quite significant. As of June 2023, the average prices for residential properties in the Luxembourg commune were reported as €12,232 per square meter for sales and €29.76 per square meter for rentals.
Luxembourg districts
Luxembourg City is divided into 24 districts, each with its own level of tourist activity. Many of these districts are bustling with activity, primarily because they are home to communal roads and major access routes. Some examples of such districts include Beggen, Belair, Bonnevoie, and the downtown area. On the other hand, districts like Clausen showcase the expansion and urban growth of nearby regions like Grund, Pfaffenthal, and Neudorf. There are also smaller, quieter districts, such as Eich. Additionally, Luxembourg's northern districts are characterized by a high density of forests and farmland.
The distinct character of each district is highlighted by factors such as population size, urban expansion, and the accessibility provided by the various transportation options within Luxembourg City.
Finding accommodation in Luxembourg
When searching for housing in Luxembourg, consider checking local newspapers and exploring real estate websites online. Another option is to enlist the services of a real estate agency, which usually charges agency fees equivalent to one month's rent plus an additional 17% VAT. Additionally, relocation agencies cater to newcomers who are moving to Luxembourg. These agencies help you find suitable housing and manage other essential tasks, such as finding schools for your children and handling various administrative procedures. These services can contribute to a smoother transition and adjustment to life in the city.
Useful links:
Expat.com - Housing in Luxembourg
Housing in Luxembourg: https://www.vdl.lu/en/living/housing
At Home: www.athome.lu
Immotop: www.immotop.lu
Appartager: www.appartager.lu
