Prices, districts, taxation and discreet sales in Luxembourg.

The Luxembourgish government, represented by Prime Minister Luc Frieden, Housing and Spatial Planning Minister Claude Meisch, and Finance Minister Gilles Roth, has announced several measures aimed at stimulating the real estate sector.

The dynamic transformation of the real estate market over the past year has created a landscape rich in opportunities for those considering realizing their real estate projects. So, what is actually happening in the market, and is it the right time to prepare for the sale of your property in 2024?

The current economic crisis is affecting many sectors, including real estate. Traditional estate agencies need to adapt in order to remain competitive. Joining forces with the two largest hybrid agencies in Luxembourg, Nextimmo.lu and Secretimmo.lu, could be a winning strategy.

In an ever-changing property market, it is essential to adapt to new trends in order to provide the best possible service. Hybrid estate agencies are an innovative response to this need, combining the best of traditional agencies and online platforms. In this article, we present the main advantages of hybrid agencies over traditional agencies.

A hybrid real estate agency is an innovative concept that combines the best practices of traditional agencies and online platforms to provide an optimized and personalized experience for clients. It offers high quality services tailored to the specific needs of buyers, sellers and investors.

Selling a luxury property is an important step in the life of any discerning owner. You want to reach a select clientele and find the ideal buyer who recognises the exceptional value of your property. This is where Secretimmo comes in. By choosing our exclusive off-market network, you gain access to a revolutionary approach to property sales that combines discretion, exclusivity and new technologies.

House prices in Luxembourg increased by 9.6% in 2022 as a whole, a lower growth rate than in previous years. However, they fell between the third and fourth quarters, as did the number of transactions. Prices for existing houses fell by 1.9%, for existing flats by 2.3% and for existing apartments by 1.4%. The price index for apartments under construction also fell by 0.3%.

The COVID episode and the inflation of the cost of living have accelerated the development of co-living as a response to the problem of the constant increase in property prices, while at the same time satisfying the quality of life criteria that have become decisive for occupants in the final choice of their personal housing.

Buying a fixer-upper can sometimes seem like a risky investment, but it's actually an incredible opportunity for buyers to create a fully customised home and make money at the same time, without the constraints of the new home market such as price escalation and construction delays.

A few months after the launch of their Pocket Estimator, Secretimmo digitalizes, this time, its protocols by proposing a new off-market property sales channel unique in the Grand Duchy: a mobile application available for free on the App Store and Google Play.

After a first year in which we gained valuable experience with the off-market business we have perfected and adapted our various protocols to be able to respond to any type of situation and type of client.

Intended for individuals who wish to have an initial idea of the price of their property, the Secretimmo Pocket Appraisal allows them to quickly estimate the indicative value of a house, a flat or a piece of land in the Grand Duchy of Luxembourg.
The third page collects older articles, many of them tied to a specific moment: a move in interest rates, a tax measure, a shift in how buyers behave in Luxembourg. They remain useful because the market reactions they describe tend to repeat, but they should be read with their publication date in mind.
It also covers practical questions that come up again and again in our conversations: selling land with or without a building contract, valuing an unusual property, handling a sale between several owners, preparing financing before making an offer. Each text stays deliberately concrete and draws on situations met with owners and buyers in the region.
Articles are ordered from the most recent to the oldest. The navigation at the bottom of the page takes you back to recent publications, and the category pills isolate a single theme. If none of the situations described here matches yours, write to us: a short conversation is usually enough to tell whether a discreet sale suits your property.