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Selling price of new apartments in Luxembourg 2013-2019

How expensive is a newly constructed apartment in Luxembourg? According to calculations based on data from the Publicité Foncière, prices increased for new apartments (in French: appartements en construction) over the last years. Between July 2018 and June 2019, the average selling price was more than 6,600 euros per square meter. In recent years, the housing market of the Grand Duchy of Luxembourg was affected by two developments: an increasing population due to the arrival of new residents from foreign countries and new dwellings not matching up to the population increase. As such, prices of residential property have increased. House prices in the canton of Luxembourg, which includes both Luxembourg City as well as its outskirts, were higher than in the rest of the country.

Average price per square meter of newly constructed apartments in the country of Luxembourg between 2013 and 2019

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Source

Release date

October 2019

Region

Luxembourg

Survey time period

2013 to 2019

Supplementary notes

the figures have been taken from several publications, which arrive irregulary. Hence the different time frames and lack of data from before 2014 and between 2017 and 2018

The source explicitly mentions the data concerns "appartements" (apartments), and does not cover all residential property (such as houses); concerns new property

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