ING News: Most Luxembourg residents own at least one property!
According to the latest ING International Survey on real estate, 60% of Luxembourg residents said they own one property, and 13% said they own two residential properties or more!
Only 27% said they don't own their home, which is far less than in neighbouring countries, such as Belgium (38%), France (49%) and Germany (55%).
If we differentiate between national and foreign residents, there are more homeowners in the former group (76%) than in the latter (69%).
Most residents that claimed to own more than one property said they receive income from their real-estate assets: 50% rent their additional properties on a permanent basis, 30% rent them occasionally to generate income or for other reasons, and 20% use them as vacation or weekend homes.
Also, 38% of national residents who are property owners bought a property as a retirement investment, which is greater than the European average (35%) and that of neighbouring countries such as Belgium (32%), France (27%) and Germany (42%).
If real-estate prices were to fall drastically, only 22% of Luxembourg residents believe it would be a bad thing, as opposed to 38% of foreign residents.
The survey also shows that the country where the most Luxembourg residents have additional properties is Luxembourg, followed by France, Belgium and Portugal.
Communiqués liés
La réponse de Luxair aux défis de brouillage GPS
Récemment, des incidents de brouillage GPS ont été signalés dans l'industrie...
Drees & Sommer chez 10x6 : Aperçu de la vision du New Europ...
Drees & Sommer Luxembourg a le plaisir d'annoncer sa participation à l'événem...
Un résultat courant en hausse de 7,5 % par rapport à l’e...
Dans un climat incertain, Banque Raiffeisen reste fidèle à ses valeurs et à s...
NMB Bank brings East Africa’s first sustainability bond to...
Just over a year after listing the first Sub-Saharan Africa gender bond on the L...
Allen & Overy announces first promotions in Luxembourg for A...
Allen & Overy (A&O) has announced the promotion of two new partners, three new c...
Il n'y a aucun résultat pour votre recherche