Once you have bought your ideal property for investment in Luxembourg, there are still several questions you might be asking yourself before starting to rent out your asset. For example, you might be wondering if …
Real Estate Prices Still Soaring
+11.4% over a year: the latest Statec figures confirm an increase in housing prices in the Grand Duchy. The latest publication of the Statec (Institut national de la statistique et des études économiques du Grand-Duché …
How to Rent Part of Your House
If you are already living in a house or apartment large enough to accommodate an extra person, there is nothing to stop you from renting a room or studio adjoining your main residence. However, to …
Housing: How to Make the Right Choice Between Buying and Renting
Buyingor rentingyour main residence is a long-standing dilemma. Even if a tenant never likes to “throw money down the drain”, this simple observation should not push him to buy. Each option has its advantages and disadvantages, which …
How to Terminate Your Lease as a Tenant?
If the termination of a lease is much simpler for the tenant than for the owner, it must still comply with several obligations. Is the process the same for fixed-term and indefinite-term leases? Which term …
Tenant: What Are Your Rights and Duties during the Term of the Lease?
As soon as you sign a lease with a landlord, you validate a contract in which rights and duties of each party (lessor and tenant) are listed. As a tenant, what are your obligations? In …
End of a Lease: How to Give Leave to a Tenant?
Rules relating to the termination of a lease differ according to the status of the person wishing to terminate the contract and the nature of the agreement. In an indefinite-term lease, the tenant has the …
Unpaid Rent: How to Anticipate Issues and Deal with Them?
Among the landlord’s greatest fears when renting their apartment or house, we find naturally that of having to deal with late payments or even unpaid rents. There are various good practices that allow, as a …
Repair and Renovation Works : What are the Landlord’s Obligations?
In the world of real property lease, many litigations are linked to a poor knowledge of the rights and duties of each party. To avoid entering a negative dynamic, in which your tenant could begrudge …
Rent your property empty or furnished ? Advantages and disadvantages
In some countries, the owner’s taxation is not the same if he rents empty or furnished property: in Luxembourg, no difference makes one alternative more attractive than the other. However, even if this choice does …
Determine the rent? What obligations for the owner?
Before communicating around your property to find a tenant (writing ads, making appointments for visits, etc.), you should ask yourself some essential questions enabling to rent according to the rules. Without really knowing the subtleties …
Tenants: all you need to know about the security deposit
Also known as a “rental guarantee” or “surety”, the security deposit is part of the requirements of the majority of landlords when signing a lease with the new occupant. For the landlord, this first payment …
Fitted Kitchen: An Equipment for More Comfort or an Investment?
When you move into a new place, the kitchen is usually a room to which you pay a specific attention. From a technical space dedicated to the preparation of meals, kitchen has turned into an …
Terraces: a costly luxury item
In urban environments, a terrace is a sought-after item that contributes to give value to your apartment. Being an uncommon item, notably in old town centres, it contributes to sharply push up the price of …
Cellars, an Asset or a Constraint in Terms of Comfort?
In residential buildings as well as in individual houses, tenants might have access to a cellar: useful to store some objects you do not currently need, it can also sometimes be a problem. So, when …
Balconies Offer a Small Space but a Large Number of Possibilities
Even if the surface of a balcony is not considered in the calculation of the total surface of an apartment, it can greatly complete it. Therefore, it is worth taking a close look to this …
Construction or Renovation, is Triple Glazing the Solution?
Passive building standards, a construction standard in force in Luxembourg since January 2017, imply the use of triple glazing for all the new constructions. For renovation works, the owner decides to use or not triple …
Town garden, country garden
When good weather comes back, the wish for a garden grows. According to the area you wish to live in, buying a house or an apartment with a garden can be a more or less …
Apartment buildings with lift: what you need to know
For obvious practical reasons, a lot of people looking for an apartment limit their search to apartment buildings with lift. Being a condition for comfort, a lift is also a cost, which has an impact …
A Garage for Your Car or for All the Rest
Owning a private parking close to one’s house is an appreciable privilege, which only those who do not benefit from this privilege can really measure. Buying or renting a parking space can spare a lot …