Luxembourg: House Prices, Rents, and Rental Yields
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Last Updated: Sep 08, 2005
Luxembourg yields poor at 4.7%
| Last Updated: March. 14, 2008 | |||||
| LUXEMBOURG CITY - Apartments | COST (US$) | YIELD (p.a.) | PRICE/SQ.M. (US$) | ||
| TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
| 40 sq. m. | 217,800 | 920 | 5.07% | 5,445 | 23.01 |
| 80 sq. m. | 391,120 | 1,495 | 4.59% | 4,889 | 18.69 |
| 120 sq. m. | 569,400 | 2,032 | 4.28% | 4,745 | 16.93 |
| 140+ sq. m. | 747,740 | 2,934 | 4.71% | 5,341 | 20.96 |
| * Apartments located in Belair, Luxembourg City Center, Grund, Kirchberg, and Limpertsberg.
Source: Global Property Guide |
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Average yield on Luxembourg City apartments is 4.66%, with 40-sq. m apartments generating highest gross rental income at 5.07%.
Apartment prices average around €5,105 per sq. m. Units with 40 or 140 sq. m are the most expensive at €5,445 and €5,341 per sq. m, respectively.
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