Property Prices in Luxembourg, Luxembourg

Index Info
Price to Income Ratio: 12.61
Mortgage as Percentage of Income: 73.78%
Loan Affordability Index: 1.36
Price to Rent Ratio - City Centre: 32.01
Price to Rent Ratio - Outside of Centre: 28.88
Gross Rental Yield (City Centre): 3.12%
Gross Rental Yield (Outside of Centre): 3.46%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,563.04 € 1,300.00-1,900.00
Apartment (1 bedroom) Outside of Centre 1,265.22 € 1,100.00-1,600.00
Apartment (3 bedrooms) in City Centre 3,005.56 € 2,500.00-4,000.00
Apartment (3 bedrooms) Outside of Centre 2,435.29 € 2,000.00-3,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,045.21 € 882.57-1,393.53
Price per Square Feet to Buy Apartment Outside of Centre 763.85 € 585.28-1,021.92
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,859.22 €
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 1.60 1.00-2.00

These data are based on 248 entries in the past 18 months from 37 different contributors.
Last update: June 2021

Sources and References
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