House Price Change 5 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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Click name of country for detailed information
Turkey 70.09%
Portugal 68.08%
Slovak Rep. 52.37%
Czech Rep. 42.09%
Luxembourg 41.61%
Slovenia 38.21%
Germany 34.62%
Iceland 32.29%
Russia 31.47%
Netherlands 31.17%
Croatia 29.81%
Greece 24.85%
Austria 21.59%
Estonia 21.16%
Lithuania 20.34%
Ireland 19.96%
Macedonia 18.54%
Malta 18.42%
Sweden 14.97%
France 14.83%
Hungary 14.64%
Belgium 14.21%
Bulgaria 12.57%
Poland 11.79%
Romania 11.02%
UK 10.07%
Norway 8.66%
Denmark 8.51%
Spain 7.76%
Finland 1.69%
Albania 0.00%
Moldova 0.00%
Bosnia & H. 0.00%
Belarus 0.00%
Andorra 0.00%
Monaco 0.00%
Liechtenstein 0.00%
Serbia 0.00%
Cyprus -0.83%
Switzerland -3.39%
Montenegro -5.03%
Latvia -7.56%
Italy -12.69%
Ukraine -16.76%

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.