While the pace of growth of purchase prices for new apartments seems to have slowed, prices for existing apartments kept growing at a rapid pace throughout 2021, thus reducing the gap with new apartments. Rents are rising as well, albeit at a more moderate pace. Demand for housing in Luxembourg remains high, but the high prices in the centre entice prospective buyers, both those looking to buy for their own use as investors, to consider investing in property outside the capital.
Will prices continue to rise?Where to invest to obtain the best return on investment? Which locations offer the highest rents? Which new regulations and market trends will impact the housing market in the near future?
This is JLL‘s second report on the residential market segment in the Grand Duchy. Read on to obtain an answer to these - and other - questions.
Do not hesitate to contact us for expert advice on all types of residential accommodation throughout the Grand Duchy.