Buying a home is a step calling for mature reflection. You should consider in great detail the administrative procedures and examine property advertisements carefully. This page helps to guide you through the various steps leading to the signing of the sales contract.
Where to look?
In Luxembourg, as elsewhere, searching for housing involves looking at property listings on specialised websites, accessible through www.editus.lu, or in the local press. Interested parties may also apply directly to the many estate agencies in this country.
Indeed, in the Grand Duchy, and especially in the capital city, few owners manage the sale of their properties themselves. Most of them entrust this task to an estate agency, which earns a commission for the said transaction.
If you plan to buy a property, note that the site www.notariat.lu allows you to find a notary, a competent person to draw up a deed of sale in accordance with procedures in force, following the signing of the 'preliminary sales agreement' (compromis de vente). In addition, notaries regularly conduct public auctions of real estate, which can prove to be very interesting.
It should be noted in this context that the Luxembourg Government has introduced an allowance known as the tax credit (Bëllegen Akt) to reduce incidental expenses associated with the acquisition of real estate. It applies to registration and transcription fees and can be received by anyone wishing to acquire property (and certain annexes to them) for the purpose of personal accommodation. Please refer to 'Apply for a tax credit for deeds' on the Citizens' Portal.
People wishing to acquire accommodation are also entitled to several types of State capital assistance, but certain conditions apply. More information can be found at the Citizens’ portal and on the website of the Ministry of Housing.
The energy performance certificate
It should also be noted that it is obligatory to arrange for an energy performance certificate whenever there is a change of owner or tenant in a residential building. You can find more information on the www.myenergy.lu site
Look closely at prices
Before you embark on your search, take a look at the website of the Housing Observatory (Observatoire de l’habitat). This body, which was established by the Ministry of Housing in 2003, collects data on the housing market and, throughout the year, analyses the supply and prices of housing and building plots.
Your procedures, your rights
Visit the Citizens’ portal at guichet.lu to learn more about steps to be taken regarding the purchase of housing.
And for a better understanding of your rights and duties as a future property owner, consult the brochure 'Devenir propriétaire' ('Becoming a property owner') published by the Consumers' Union (Union des consommateurs)!