House Price Change 10 Years (Real) in Luxembourg compared to Europe
The tax levied on the average annual income on a rental apartment/property in the country based on a gross rental income of $1500/month. We assume that the property is owned by nonresidents. These tax rates might be subject to deductions (e.g from interest payments, costs).
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| Turkey |
105.48%
|
| Iceland |
100.29%
|
| Ireland |
94.03%
|
| Portugal |
92.90%
|
| Luxembourg |
73.64%
|
| Germany |
73.05%
|
| Czech Rep. |
71.57%
|
| Estonia |
70.99%
|
| Slovak Rep. |
69.88%
|
| Malta |
62.00%
|
| Sweden |
61.84%
|
| Netherlands |
42.70%
|
| Austria |
34.56%
|
| Lithuania |
32.63%
|
| Slovenia |
31.73%
|
| UK |
31.48%
|
| Romania |
30.65%
|
| Bulgaria |
29.61%
|
| Croatia |
26.77%
|
| Poland |
22.08%
|
| Norway |
20.09%
|
| Denmark |
19.13%
|
| Macedonia |
16.26%
|
| Belgium |
15.85%
|
| Latvia |
13.69%
|
| France |
9.42%
|
| Finland |
4.92%
|
| Switzerland |
4.90%
|
| Albania |
0.00%
|
| Moldova |
0.00%
|
| Bosnia & H. |
0.00%
|
| Belarus |
0.00%
|
| Andorra |
0.00%
|
| Hungary |
0.00%
|
| Monaco |
0.00%
|
| Liechtenstein |
0.00%
|
| Serbia |
0.00%
|
| Greece |
-1.61%
|
| Spain |
-5.75%
|
| Montenegro |
-5.81%
|
| Russia |
-14.33%
|
| Cyprus |
-15.34%
|
| Italy |
-32.60%
|
| Ukraine |
-53.79%
|
Luxembourg publishes average apartment price time-series starting Q1 2007, available on-line from the Service Central de la Statistique et des Etudes Economiques du Luxembourg (Statec). The Ministere du Logement also publishes quarterly advertised selling prices of houses. General economic statistics can be got from the Banque Centrale du Luxembourg, and from Statec.