Why Invest in New Constructions in Luxembourg?

When it comes to investing in real estate in Luxembourg, the choice between old and new properties can be crucial for you. Here are the main advantages of investing in new properties:

Tax advantages related to VAT

In Luxembourg, new properties benefit from tax advantages, particularly in terms of reduced VAT. If you wish to acquire a new property, the Grand Duchy provides for a VAT rate of 3%, provided it is your main residence.

Energy savings and compliance with standards

New properties are built according to the latest standards in energy efficiency. Since January 2017, all new constructions in Luxembourg must meet the requirements of AAA efficiency classes. These include energy efficiency, thermal insulation, and environmental impact. By meeting these new requirements, new constructions benefit from substantial energy savings in the long term.

Ten-year guarantee:

A major advantage included in the purchase of a new property is the ten-year guarantee. In the construction or renovation of a residential property, architects and craftsmen have a responsibility to the future buyer in case of defects and damages. Thanks to this guarantee, the property is covered for a period of ten years from the completion of the works, even if it is repurchased by a third party during the duration of this guarantee.

Customization and participation in construction

By choosing a new real estate property, you have the opportunity to participate in the creation of your accommodation. For example, you may choose the layout or interior finishes (materials, etc.), giving you increased control over the final appearance of your property!

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