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	90 000	335 000	235 000	5	-	-	-	-
2	385 000	1 100 000	565 000	13	-	-	-	-
3	392 000	1 725 000	945 000	38	645 000	1 175 000	840 000	63
4	356 000	2 370 000	1 045 000	67	305 000	1 593 857	1 015 000	94
5	599 000	5 900 000	1 455 000	30	879 749	1 744 000	1 210 000	18
6	750 000	1 350 000	1 035 000	7	1 565 856	1 565 856	1 565 000	1

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	295 000	560 000	435 000	13	291 899	720 240	575 000	142
2	350 000	990 000	560 000	38	412 917	1 200 350	635 000	100
3	392 000	856 000	635 000	24	356 059	1 097 663	790 000	48
4	650 000	793 470	730 000	5	735 000	1 050 000	785 000	17
5	-	-	-	-	-	-	-	-
6	-	-	-	-	-	-	-	-

Advertised prices for rent in the region

Houses

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	-	-	-	-	-	-	-	-
2	1 600	1 800	-	2	-	-	-	-
3	1 400	4 000	-	7	1 850	3 000	-	2
4	1 400	4 000	-	8	-	-	-	-
5	2 300	9 000	5 000	3	-	-	-	-
6	3 700	4 000	5 000	2	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	700	1 600	-	27	1 150	2 000	-	5
2	1 100	1 750	-	19	1 500	1 700	-	2
3	1 470	2 300	-	3	2 100	2 100	-	2
4	-	-	-	-	-	-	-	-
5	-	-	-	-	-	-	-	-
6	-	-	-	-	-	-	-	-

Offers in Luxembourg : Eastern region