Mortgages : the real difference between fixed and variable rates in Luxembourg

March 8, 2017

When building or buying a house, the question of a mortgage will come up sooner rather than later. Some people swear by a variable rate loan, whereas others prefer to keep control of things with a fixed rate option. Central Ba...

Antonio de Carglouch in Luxembourg: No. 1 trending video on YouTube!

March 3, 2017

The video was uploaded on February 28, 2017, and was immediately shared by hundreds of people on social media channels. Antonio, from the famous YouTube channel Ro et Cut, created the buzz by announcing to his faithful friend Wal...

€ 3,935 for a family of four to live happily in Luxembourg

February 24, 2017

Or so STATEC has declared. The National Institute for Statistics and Economic Studies has released a new report which confirmed that a couple with two children would need almost € 4,000 to live happily in the Grand Duchy. ...

Rent subsidy still too unknown

February 17, 2017

Since 1 January 2016, so, for more than a year, the Ministry of Housing has granted low-income residents of Luxembourg financial assistance of up to 300€/month, enabling them to rent decent housing. But the annual review ...

7.2% more borrowed from banks for real estate projects

February 14, 2017

On 7 February 2017, the Central Bank of Luxembourg issued its interim report on the amount of the balance sheets of the credit institutions in Luxembourg. Between December 2015 and December 2016, they recorded a 2.3% increase ...

New figures from Observatoire de l’Habitat

February 10, 2017

Observatoire de l’Habitat, in exclusive partnership with IMMOTOP.LU, has released its latest reports on the evolution of real estate prices in the 3rd quarter of 2016. Prices proposed in real estate advertisements Obs...

Klimabank, the "Climate Bank" lending at zero interest rates

February 3, 2017

You may already have heard (or maybe not) about the project "Klimabank an nohaltegt Wunnen", which should allow the development of sustainable and non-energy-efficient housing in Luxembourg. And since January 5 2017, this pack...

+4.3% of housing prices in the European Union

January 30, 2017

On 19 January, Eurostat announced its quarterly press release on the evolution of housing prices for purchase in Europe. If we know the rise in prices in Luxembourg, we will observe that the EU will see a rise of 4.3% and in the ...

Luxembourg: a single window for housing assistance

January 24, 2017

From the 1st of January, the Government has set up a single window for all questions or issues related to housing assistance, including: socio-economic assistance PRIMe House assistance KlimaBank, for interest...

Property in Luxembourg: making social housing a priority

January 20, 2017

The Luxembourg Government intends to take drastic action in property development in Luxembourg, and to do so aiming at affordable prices even for large families. To this end a project is under way for the creation of hundreds ...