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Lucien Elin
Mortgage credit intermediary
CSSF Authorisation number 30/18 

4, rue Thomas Edison
L-1445 Strassen
Phone +352 / 661 444 332
Fax +352 / 46 60 41
eMail lucien.elin@schwaebisch-hall.de

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If you have not yet benefited from your tax rebates for the current year, that’s not too late. You can still enjoy all your benefits until the 31st of December of each tax year. Any payment made on a deductible savings product before the 31st of December will enter into account in tax calculation for the current year.

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Tax deduction for housing savings plans in Luxembourg

In Luxembourg, contributions to housing savings are deductible from the taxable income.

(Article 111 L.I.R.)

Director of Taxation Bulletin on article 111/1 L.I.R. of 24 September 2009

Evolution of housing market sales prices in Luxembourg

Housing observatory

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Evolution of sales prices

Évolution des prix de vente sur le marché immobilier

Average prices per m2 of flats have increased quite sharply in the 2nd quarter of 2013: +5,48% for existing flats and +2,07% for flats under construction (off-plan) compared to the previous quarter. In this way average prices reach 4 210 €/m² for an existing flat and 5 048 €/m² for a flat under construction.

On a year-on-year basis, the increase in average prices per m2 is also sharper for existing flats (+5,84% compared to the 2nd quarter of 2012) than for flats under construction (+3,61%).

Source: Housing observatory

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