Square Metre Prices 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
Monaco € 44,522
UK € 21,179
Switzerland € 13,280
France € 12,796
Austria € 9,609
Finland € 8,376
Norway € 8,281
Sweden € 6,991
Netherlands € 6,902
Czech Rep. € 6,688
Italy € 6,589
Russia € 6,305
Germany € 5,907
Spain € 4,978
Luxembourg € 4,605
Turkey € 4,581
Malta € 4,576
Denmark € 4,279
Portugal € 3,830
Slovenia € 3,657
Greece € 3,619
Estonia € 3,190
Belgium € 3,171
Andorra € 2,915
Slovak Rep. € 2,911
Ukraine € 2,807
Poland € 2,793
Latvia € 2,789
Hungary € 2,515
Serbia € 2,239
Lithuania € 2,163
Croatia € 1,978
Romania € 1,701
Cyprus € 1,678
Bulgaria € 1,663
Montenegro € 1,400
Macedonia € 1,134
Moldova € 965

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.