Property Prices in Luxembourg, Luxembourg

Index Info
Price to Income Ratio: 14.18
Mortgage as Percentage of Income: 85.12%
Loan Affordability Index: 1.17
Price to Rent Ratio - City Centre: 33.46
Price to Rent Ratio - Outside of Centre: 30.09
Gross Rental Yield (City Centre): 2.99%
Gross Rental Yield (Outside of Centre): 3.32%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,722.73 € 1,500.00-2,050.00
Apartment (1 bedroom) Outside of Centre 1,484.38 € 1,200.00-2,100.00
Apartment (3 bedrooms) in City Centre 3,080.77 € 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,446.15 € 1,850.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,165.08 € 1,021.92-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 870.99 € 743.22-1,021.92
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,863.62 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.88 1.40-2.00

These data are based on 202 entries in the past 18 months from 45 different contributors.
Last update: August 2022

Sources and References
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