Luxembourg : Central region

  • center
  • Surface: 452 km²
  • Population: 196474

About Luxembourg : Central region

Region located in the center of Luxembourg

  • Surface: 452 km²
  • Population: 196474
  • Density: 435 / km²
  • Greater Region

Map ID


Divided between North-Central and South-Central, the region consists of the capital, main economic centers, the airport and the central station.


Luxembourg City, the administrative capital of the country, which accommodates several European institutions, is an ancient city where the old town is declared as a World Heritage by UNESCO.


Territorial organization


The capital is subdivided into 24 quarters (Beggen, Belair, North Bonnevoie/Verlorenkost, South Bonnevoie, Ville Haute, Cents, Cessange, Clausen, Dommeldange, Eich, Gare, Gasperich, Grund, Hamm, Hollerich, Kirchberg, Limpertsberg, Merl, Muhlenbach, Neudorf/Weimershof, Pfaffenthal, Pulvermuhl, Rollingergrund/ North-Belair and Weimerskirch) and has more than 110,499 inhabitants (statistics as of 31.12.2015).


The capital, which is resolutely cosmopolitan, consists of more than 155 nationalities. It is very open and welcoming. It is distinguished by its modernity and rich cultural attractions. These are the reasons why this city is regularly in the top 5 good cities of the world to live.


Being the nerve center of the country and having a high demand directly influence the property prices. Areas that are located within a distance of 15km away from the capital have become very attractive for those who wish to maintain the proximity to the city center while avoiding certain difficulties (ex: property prices and parking).


Large regions near the Luxembourg City


Capellen/Windhof/Steinfort are some cantons with very important activities and they are directly located near major highways.


The Sandweiler-Contern zone: this includes many companies operating in the construction and transport industries. The airport is also located nearby this zone and that extends from Sandsweiler to Senningerberg and to Kirchberg business area. Companies with international exposure give priority their plants in these areas to facilitate mobility. (Airport and main highways).


Major urban projects


On an area of 120 hectares, this zone is one of the main connection roads of the capital. This is an ambitious development project that envisages constructing over 130,000 houses by 2030. The construction works have already begun and they are gradually changing the face of the old historic district, marked by industrial activity in large urban center.


Central Station: The main objective is to have a better integration from the quarter to the city with urban development and a change in public transport. Offices, shops and housing will change the appearance of this industry by 2020 and will increase the attractiveness of the area.


Royal Hamilius: located near the city-center, the Royal Hamilius housing block has undergone profound changes in recent years. The current project aims to create a combined area that will include shops, services and housing.


Real estate trends


The central region continues to be the region where the property prices have been at highest in the country for several years. The central region represents approximately 30% of the overall supply of apartments and houses for sale throughout the Grand Duchy of Luxembourg. The city and its first crown of communes represent the most active markets, given the high demand, and the prices are constantly increasing.


For investors, buying a residential property with a rental purpose is still a good deal. The increasing demand for housing linked to the installation of new residents, against a limited supply ensures continuity in high rents. At the same time, the State incentive policy related to construction work will eventually represent an additional investment opportunity. Small areas are the easiest to make profitable. However, an apartment with a true separate bedroom will have more success than a studio.


Individuals


The apartment segments with 3 or 4 bedrooms are having a big progress because they provide the alternative for those who do not seek to live in a house. That is to say that the prices of houses are significantly higher than the other regions of the country. The small houses are quite rare and those between 160 m2 and 200 m2 are in high demand. This explains the constant increase in prices for this type of property.

Advertised prices for sale in the region

Houses

Used New
Rooms Cheapest Most exp. Average Nmb Cheapest Most exp. Average Nmb
1 - - - - 1 299 415 1 299 415 1 300 000 2
2 680 000 1 250 000 960 000 8 1 299 415 1 299 415 1 300 000 5
3 295 000 3 950 000 1 315 000 69 976 613 1 768 707 1 340 000 31
4 575 000 5 800 000 1 565 000 92 600 000 2 300 000 1 635 000 62
5 798 000 3 800 000 2 075 000 65 1 445 000 4 150 000 2 150 000 82
6 799 000 4 250 000 2 665 000 17 1 097 650 4 150 000 2 170 000 9

Apartments

Used New
Rooms Cheapest Most exp. Average Nmb Cheapest Most exp. Average Nmb
1 280 000 1 600 000 685 000 118 460 992 2 385 000 805 000 594
2 365 000 2 595 000 955 000 259 620 000 2 453 170 1 125 000 669
3 529 000 3 434 080 1 170 000 141 721 732 3 434 080 1 560 000 336
4 850 000 6 500 000 1 940 000 25 1 344 000 3 471 051 2 150 000 34
5 614 110 2 300 000 1 335 000 6 3 527 035 3 527 035 3 525 000 2
6 - - - - - - - -

Advertised prices for rent in the region

Houses

Used New
Rooms Cheapest Most exp. Average Nmb Cheapest Most exp. Average Nmb
1 1 400 1 400 - 2 - - - -
2 1 950 4 500 5 000 2 - - - -
3 1 800 3 800 5 000 15 2 250 2 550 - 3
4 2 200 5 800 5 000 43 2 900 4 300 5 000 11
5 3 600 10 000 5 000 28 - - - -
6 3 000 10 000 5 000 9 - - - -

Apartments

Used New
Rooms Cheapest Most exp. Average Nmb Cheapest Most exp. Average Nmb
1 550 3 200 - 555 700 3 400 - 139
2 600 5 000 - 328 1 600 3 500 - 62
3 590 10 000 - 114 1 800 5 700 5 000 20
4 590 6 000 - 74 700 4 700 - 7
5 590 6 500 - 81 750 850 - 5
6 590 900 - 40 700 900 - 5
B

Bertrange

Bartreng
more
17,39 km² 6572

Bissen

Biissen
more
20,75 km² 2816

Boevange-sur-Attert

Béiwen-Atert
more
18,87 km² 2250
C

Colmar-Berg

Colmer-Bierg
more
12,31 km² 2065

Contern

Konter
more
20,55 km² 3517
F

Fischbach

Fëschbech
more
19,61 km² 1092
H

Heffingen

Hiefenech
more
13,34 km² 1166

Hesperange

Hesper
more
27,22 km² 14175
L

Larochette

Fiels
more
15,40 km² 2094

Lintgen

Lëntgen
more
15,25 km² 2770

Lorentzweiler

Luerenzweiler
more
17,45 km² 3673

Luxembourg

Lëtzebuerg
more
51,46 km² 107247
M

Mersch

Miersch
more
49,74 km² 8639
N

Niederanven

Nidderaanwen
more
41,36 km² 5663

Nommern

Noumer
more
22,44 km² 1251
S

Sandweiler

more
7,73 km² 3405

Schuttrange

Schëtter
more
16,10 km² 3923

Steinsel

Steesel
more
21,81 km² 4921

Strassen

Stroossen
more
10,71 km² 7941
T

Tuntange

Téinten
more
18,74 km² 1459
W

Walferdange

Walfer
more
7,06 km² 7715

Weiler-la-Tour

Weiler zum Tuerm
more
17,07 km² 2120