The thrill of the world’s first contact with extraterrestrial life quickly subsided on Wednesday when what was believed to be an alien pod turned out to be a new, modern house. The windowless concrete cube, which appeared overnight in Cessange, was first spotted by a neighbor who said it didn’t look like anything she’d ever […]
Determined home buyer starts off with one square meter
Unable to afford 100 or even 10 square meters of property in Luxembourg City, a determined home buyer has started off with one square meter. “I went to the bank to get a loan for a studio in Bonnevoie, but when I told them I only make 82k a year, they threw calculators at me […]
Retired couple to buy entire island with money you paid them for crappy house
LUXEMBOURG-VILLE – A retired couple who sold you a house that your friends privately acknowledge is “crappy” have announced plans to buy a Mediterranean island with the money they’ve now got thanks to you. “When we bought the crappy house in the 1990s, we never imagined we could trade it for anything other than an […]
New companies offer bed-sharing services
In response to growing demand for inexpensive lodging close to Luxembourg City, several start-ups are now offering bed-sharing services. Like office sharing, bed sharing is an attractive option for students, freelancers just starting out, or anyone earning less than 1.5 times the legal minimum salary. “I was making 2200 euros a month, and half that […]
Buy now: homes on sale for 125% of usual price
Now that the sales period has begun, property sellers in Luxembourg are offering homes for a solid fraction above their usual prices. Real estate investor Landon Richer says this period is one of his favorite times to raise prices by 10, 20, or even 50 percent. “We’re slashing prices upwards and giving ourselves the best […]
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