Luxembourg : Northern Region

The NORTHERN region



Divided into 26 communes, it enjoys a particular geological and geographical location compared to the rest of the country. It comprises almost 20% of the country's farmland and is characterized by large areas where nature reigns. Also the Our and Sûre lakes are located in this region.



Territorial organization: The Nordstat brings together 6 communes in a collaborative initiative that intends to develop the region within an appropriate legal framework.



Even if the latter does not actually exist, the communes were able to coordinate actions in terms of developing the economy, urban development and environment.



Why should you settle down in the north? Peaceful environment, large outdoor areas and prices of properties



The Upper Sûre lake area is one of the most attractive places. It appeals to many people because of its location and also because of its dynamism. Having many access routes (Belgian N4, N12 and N 27), proximity to larger cities (Wiltz and Ettelbrück), business opportunities, public transport and school facilities enhance the value of this outstanding surrounding.



On the other hand, the “Nordstrooss” facilitate exchanges between the regional center of Nordstat and the central regions of country. For all those who wish to invest in the north, the argument about the size is presented as the solution to revitalize an entire region by establishing companies, which have larger space areas, closer to Belgium and the Grand Duchy of Luxembourg.



Property development: Housing agreement signed in 2012 by all communes (except for Wincrange) intends to increase the population by 15% in 10 years by increasing property supply and while reducing the land costs, but taking account of the space available. Indeed, some communes such as Vianden and Clervaux do not have huge land reserves, which ultimately may limit welcoming a new population.



Nevertheless, the North remains the region where the housing needs are the most important.



More and more new families are choosing to settle down in the north in order to enjoy a home ownership that is assisted by attractive prices. They may claim a single family home in a privileged environment.



In short: The least expensive region of the Grand Duchy at the moment, even if the completion of the Nordstrooss has changed its situation.



The rental opportunities are not much developed in the north and this would be an interesting lead for the investors!

Advertised prices for sale in the region

Houses

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	98 000	469 000	270 000	4	-	-	-	-
2	178 000	1 321 920	640 000	18	540 000	699 000	605 000	3
3	250 000	1 144 000	555 000	64	427 700	1 450 000	715 000	98
4	299 000	1 360 000	700 000	60	450 000	1 118 500	805 000	85
5	280 000	1 900 000	855 000	45	585 000	1 800 000	955 000	13
6	280 000	1 650 000	840 000	17	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	245 000	480 000	350 000	13	255 000	437 339	340 000	33
2	249 000	1 098 000	450 000	40	304 422	938 822	440 000	170
3	349 900	989 667	505 000	32	389 844	899 000	555 000	86
4	425 000	700 000	555 000	3	544 953	733 522	690 000	7
5	615 000	849 000	730 000	2	-	-	-	-
6	400 000	1 205 000	805 000	2	-	-	-	-

Advertised prices for rent in the region

Houses

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	-	-	-	-	-	-	-	-
2	1 000	1 250	-	2	-	-	-	-
3	1 500	1 500	-	1	-	-	-	-
4	1 300	1 850	-	2	1 600	1 600	-	1
5	2 500	2 500	5 000	1	-	-	-	-
6	-	-	-	-	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	650	1 300	-	20	800	1 100	-	4
2	950	1 560	-	28	1 050	1 800	-	10
3	1 420	3 300	-	5	1 300	2 300	-	2
4	-	-	-	-	-	-	-	-
5	-	-	-	-	-	-	-	-
6	-	-	-	-	-	-	-	-

Offers in Luxembourg : Northern Region