House Price Change 5 Years 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 467.26%
Slovak Rep. 93.44%
Portugal 88.39%
Czech Rep. 83.54%
Russia 77.65%
Lithuania 67.52%
Estonia 65.91%
Iceland 65.64%
Netherlands 63.13%
Luxembourg 61.03%
Germany 59.02%
Slovenia 56.76%
Croatia 52.59%
Poland 47.95%
Romania 46.60%
Hungary 45.64%
Bulgaria 45.25%
Austria 44.58%
Greece 40.52%
Macedonia 38.36%
Ireland 35.43%
Sweden 34.15%
Belgium 31.69%
UK 29.04%
Malta 29.03%
France 28.13%
Norway 28.00%
Denmark 25.23%
Latvia 24.97%
Spain 23.70%
Montenegro 15.50%
Finland 14.98%
Cyprus 12.21%
Switzerland 1.23%
Ukraine 0.45%
Italy -1.47%

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.