Popular Estate Agencies
- Century 21: One of the largest international real estate networks with a presence in Luxembourg. It offers a wide range of properties for sale and rent, including apartments, houses, and commercial properties.
- ImmoLux: A Luxembourg-based real estate agency that specializes in residential and commercial properties. It has a large portfolio of properties, including apartments, houses, and offices.
- Luximmo: A real estate agency that specializes in high-end properties, including apartments, houses, and commercial properties. It offers a bespoke service for clients looking for luxury properties in Luxembourg.
Qualifications and Licences in Luxembourg
Estate agents in Luxembourg must be registered with the Chamber of Commerce and must have a professional liability insurance. In addition, they must have completed a training course in real estate and must adhere to the code of ethics set out by the Chamber of Commerce.
Breakdown estate agent fees in Luxembourg
In Luxembourg, estate agents usually charge a commission based on the sale price of the property. The standard commission rate is around 3-5% of the sale price. For example, if the sale price of a property is €300,000, the estate agent’s commission could be anywhere between €9,000 and €15,000.
Other Ways to Find Property for Sale
- Property websites:
- ImmoLux: https://www.immolux.lu/
- Century 21: https://www.century21.lu/
- Luximmo: https://luximmo.lu/
- Expat websites:
- InterNations: https://www.internations.org/luxembourg-expats
- Magazines:
- Le Journal de l’Immobilier: http://www.lejournal.lu/
- Word of mouth: You can ask friends, family, or colleagues if they know of any properties for sale in Luxembourg.
Use of a Buyer’s Agent
The Use of a Buyer’s Agent is not very common in Luxembourg. However, some real estate agencies offer buyer’s agent services and the cost will depend on the agency and the services provided.
Organizations for Foreign Property Buyers in Luxembourg
There is no specific organization for foreign property buyers in Luxembourg. However, some real estate agencies offer services for international clients and may be able to assist with the process of buying property in Luxembourg.