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Offset borrowing costs by negotiating good prices
Even if they seem to have reached a "ceiling", interest rates remain higher than in the recent past. Even so, by using a broker, you can secure a cost saving that makes up for the difference. Let us explain...
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ECB rates take a breather – at last!
For the first time in 18 months, the European Central Bank has decided not to raise its key interest rates. A welcome break for those thinking of buying into the housing market.
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Offset borrowing costs by negotiating good prices
Even if they seem to have reached a "ceiling", interest rates remain higher than in the recent past. Even so, by using a broker, you can secure a cost saving that makes up for the difference. Let us explain...
Read article
New hope for the new term
Spirits fell in June, just as schools were breaking up for the summer, with the publication of the Grand Duchy's real-estate market statistics. A comparison of the figures for the first quarter of 2023 against the corresponding period in 2022 showed a collapse in the number of transactions and a historic fall in prices after more than a decade of continuous growth. Now, with the summer break behind us, there are good reasons to think that the second part of the year will bring more smiles. Some rates are already on the decline: a good omen!
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Get a helping hand from the taxman with your property project costs
While buying a residential property is a long-term commitment, we know that it's often the chance of a lifetime that we mustn't let pass by. Have you found your dream house or apartment, but rising mortgage rates are making you think twice? Now's the time to get your calculator out, because there are some handy tax incentives, and more to come, that could make your plans more affordable than you thought.
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Real Estate: the cross-border alternative for Luxembourgers
The Grand Duchy's real estate market is in the throes of an unprecedented crisis. For years, demand outstripping supply has led to ever-increasing prices, albeit offset by low bank rates. The vitality of the Luxembourg economy was reflected in high transaction volumes and the construction of ever-growing numbers of apartment buildings or individual homes.
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