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	88 000	365 000	250 000	3	-	-	-	-
2	240 000	1 321 920	585 000	11	-	-	-	-
3	300 000	1 400 000	685 000	46	478 055	1 144 082	755 000	51
4	338 000	2 550 000	885 000	55	489 000	1 381 940	910 000	114
5	345 000	1 980 000	1 050 000	51	531 414	1 350 000	805 000	8
6	317 000	1 138 000	700 000	14	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	270 000	485 000	390 000	10	248 634	568 731	455 000	25
2	365 000	877 000	510 000	30	340 790	938 822	550 000	106
3	380 000	1 122 647	675 000	22	363 250	1 212 164	670 000	64
4	-	-	-	-	-	-	-	-
5	-	-	-	-	795 000	795 000	795 000	1
6	685 000	685 000	685 000	1	-	-	-	-

Advertised prices for rent in the region

Houses

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	-	-	-	-	-	-	-	-
2	-	-	-	-	-	-	-	-
3	931	2 000	-	4	-	-	-	-
4	1 880	2 000	-	3	-	-	-	-
5	2 800	2 800	5 000	2	-	-	-	-
6	-	-	-	-	-	-	-	-

Apartments

	Used				New
Rooms	Cheapest	Most exp.	Average	Nmb	Cheapest	Most exp.	Average	Nmb
1	650	1 200	-	14	980	1 350	-	4
2	800	1 800	-	19	1 400	1 800	-	3
3	2 300	2 500	-	2	-	-	-	-
4	-	-	-	-	-	-	-	-
5	-	-	-	-	-	-	-	-
6	-	-	-	-	-	-	-	-