Property Prices in Luxembourg, Luxembourg

Index Info
Price to Income Ratio: 11.66
Mortgage as Percentage of Income: 68.50%
Loan Affordability Index: 1.46
Price to Rent Ratio - City Centre: 30.36
Price to Rent Ratio - Outside of Centre: 26.93
Gross Rental Yield (City Centre): 3.29%
Gross Rental Yield (Outside of Centre): 3.71%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,563.79 € 1,250.00-2,000.00
Apartment (1 bedroom) Outside of Centre 1,238.64 € 1,100.00-1,600.00
Apartment (3 bedrooms) in City Centre 2,947.62 € 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,326.32 € 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 982.92 € 882.57-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 689.43 € 557.41-929.02
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,860.05 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.65 1.00-2.00

These data are based on 265 entries in the past 18 months from 44 different contributors.
Last update: January 2021

Sources and References
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