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	49 000	49 000	50 000	1	-	-	-	-
2	285 000	750 000	575 000	9	-	-	-	-
3	320 000	1 530 000	815 000	112	798 000	1 163 185	910 000	9
4	275 000	2 550 000	915 000	74	532 357	1 387 129	980 000	22
5	345 000	1 825 000	1 010 000	46	531 414	568 150	555 000	3
6	317 000	1 398 000	755 000	5	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	284 187	869 000	435 000	22	225 000	615 650	425 000	7
2	345 000	1 113 381	595 000	59	479 392	890 626	665 000	12
3	430 000	1 440 000	830 000	71	526 040	984 404	680 000	11
4	499 563	1 150 000	815 000	12	1 051 125	1 051 125	1 050 000	1
5	675 000	675 000	675 000	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	1 200	1 200	-	1	-	-	-	-
3	1 850	2 300	-	3	-	-	-	-
4	-	-	-	-	2 800	2 800	5 000	1
5	-	-	-	-	-	-	-	-
6	-	-	-	-	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	750	1 750	-	26	-	-	-	-
2	1 050	1 500	-	26	-	-	-	-
3	1 200	2 500	-	5	-	-	-	-
4	-	-	-	-	-	-	-	-
5	-	-	-	-	-	-	-	-
6	-	-	-	-	-	-	-	-