Luxembourg : Eastern region

The EASTERN region



Map ID: The Mullerthal region is often called "Luxembourg’s Little Switzerland" because of its hilly landscape. It is characterized by its impressive rock formations and beautiful forests. It is a popular destination for tourists (and hikers) and has a very particular environment for properties ranging from residential properties to holiday resorts.



Echternach, the capital of Mullerthal, is the oldest town in Luxembourg. This city, which is located on the banks of the Sûre River and on the German border, is a must-visit place when visiting the Grand Duchy of Luxembourg. It is best known for a dancing procession, an ancient religious tradition that takes place on the Tuesday following the Pentecost, as well as for its former Benedictine abbey that dates back to the seventh century.



Junglinster is another important town that represents one of the largest communities of Luxembourg. Conveniently located in the highway between Germany and Luxembourg and with good road connections to the rest of the country, it remains a highly sought after city for both housing and business establishment requirements.



The city of Remich is located on the Sarrebruck-Luxembourg European highway. Remich, which is a commercial and administrative center, is a beautiful city near the Moselle that has several vineyards and thick forests.



Real estate trends: Being a preferred tourist destination, this area offers many opportunities for holiday home investments: buy-to-let and providing guest rooms in private homes



In general, the east shows a rather regular property development in terms of apartments, even if the supply is still limited in the old areas. In fact, this region only has 5% of old apartments for sale throughout the country. This is due to the large supply in the Moselle region on the German border that offers much lower prices.



Just as many other cities, the city of Echternach has signed the housing agreement which intends to launch a housing development program to cope with 15% of population growth over the next 10 years. Manertchen city is part of this housing agreement, which is supported by the housing fund, as it meets the standards relating to sustainable development and social diversity.

Advertised prices for sale in the region

Houses

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	295 000	335 000	315 000	2	-	-	-	-
2	55 000	1 350 000	840 000	11	-	-	-	-
3	339 000	1 550 000	930 000	42	670 284	1 350 000	890 000	25
4	356 000	2 180 000	1 065 000	55	300 000	1 488 142	1 000 000	88
5	599 000	4 600 000	1 215 000	33	879 749	1 744 000	1 305 000	9
6	800 000	1 090 000	885 000	4	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	295 000	531 500	400 000	6	395 212	720 240	580 000	72
2	350 000	975 000	580 000	39	443 866	1 034 900	685 000	81
3	495 000	817 000	675 000	16	560 188	1 097 663	785 000	43
4	554 900	793 470	700 000	3	735 000	1 050 000	845 000	10
5	-	-	-	-	1 096 527	1 096 527	1 095 000	1
6	-	-	-	-	-	-	-	-

Advertised prices for rent in the region

Houses

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	-	-	-	-	-	-	-	-
2	1 850	2 000	-	2	-	-	-	-
3	1 500	2 950	-	8	3 000	3 000	5 000	1
4	1 500	3 500	-	11	2 400	3 200	5 000	2
5	2 300	9 000	5 000	3	-	-	-	-
6	3 700	3 700	5 000	1	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	680	1 690	-	24	1 100	1 600	-	3
2	1 080	1 900	-	27	1 000	1 900	-	6
3	1 600	2 800	-	5	2 000	2 100	-	4
4	2 400	2 400	-	1	-	-	-	-
5	-	-	-	-	-	-	-	-
6	-	-	-	-	-	-	-	-

Offers in Luxembourg : Eastern region