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Luxury Living in Luxembourg

City Guides, Travel
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08 Mar 2022
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5 min read

Bordered by France, Belgium and Germany, Luxembourg may be a small country, but it has a lot to offer. Treasured for its cosmopolitan vibe, high quality of life and incredible nature, it’s a place that global citizens flock to for the ultimate luxury lifestyle. FOUR takes a deep dive into the country’s property market with Luxembourg Sothebys International Realty to discover why investing here is worth its weight in gold.

Combining the best of tradition and modernity, Luxembourg offers the epitome of a life well-lived. Modern buildings coalesce with castles, pristine nature and first-class facilities, all within walking distance of each other. Not to mention the country’s contemporary lifestyle and multicultural population, which make for a welcoming, diverse and exciting homeland. Happiness, health and prosperity – this is Luxembourg.

What’s more is that the housing market has experienced uninterrupted growth since 2010, making it an excellent destination for real estate investment owing to this rare, long-term upward trend. Unlike many countries that saw the property market decline due to the COVID-19 pandemic, Luxembourg’s real estate sector has remained on the incline even during turbulent times, which speaks to its economic stability and steadfastness.

The continuous rise can be attributed to two main factors: the balance between supply and demand and historically low interest rates. And in Luxembourg’s case, the demand is also continually sustained by high purchasing power owing to the nation’s especially high standard of living. This exceptional living standard is attributed to various factors, one of which is that the country currently holds the world’s second-highest GDP per capita. It is also the largest private banking centre in the Eurozone, making Luxembourg increasingly attractive to those looking to make the most of its flourishing economy.

A small country with a strong presence, there are numerous advantages to calling Luxembourg home. Along with a comprehensive social security system, which includes family benefits like birth allowance, maternity and paternity leave, as well as childcare and education financial assistance, it also has a high-quality public healthcare system providing all citizens with rudimentary medical aid. In addition, a good pension scheme, financial incentives for purchasing electric or hybrid vehicles and top-rate multilingual primary, secondary and tertiary education make Luxembourg appealing for residents of all ages.

Beyond work and school, Luxembourg’s sprawling landscape is as captivating as they come, transitioning harmoniously from city to nature, where urban and historic buildings are set to the backdrop of beautiful lakes, hills and forests. The country really does offer everything for a perfectly balanced life. And as A. Bradley Nelson, Chief Marketing Officer of Sotheby’s International Realty, highlights, real estate is currently considered a hotter investment than ever — so where better to invest in a time like this than somewhere that provides incredible lifestyle advantages too?

According to Nelson, the prices for homes worldwide are expected to increase throughout 2022, especially after the slower winter months, owing to low inventory and material supply slowdowns. With borders reopening, repressed demand from international buyers will vie with local buyers for properties that are already in low supply — especially in Luxembourg. So investing sooner rather than later is definitely something to consider. In doing so, purchasers will reap the rewards for years to come, especially as Luxembourg continues on its upward trend in the property sector.

Undoubtedly, 2020 and 2021’s real estate investments were fueled by remote work, with people moving further out of town to make the most of their space, enjoying a more secluded lifestyle. Many even chose to live full-time in their holiday homes, away from the hustle and bustle of big cities. But in 2022, Nelson says Sotheby’s International Realty predicts that hybrid work will likely drive the real estate market, with buyers looking for larger homes that still have the space to accommodate remote work, yet are close enough for effortless commuting to the office. And this is something that Luxembourg easily offers. Home the world’s first completely free public transport system and located near Europe’s main economic hubs, as well as paired with the fact that many EU institutions and international companies have chosen Luxembourg for their headquarters, buying property here is a smart choice for savvy investors.

Low-maintenance properties that are new or that have been recently renovated; the increased popularity of eco-conscious houses that have solar panels and electric-car chargers installed, and millennials looking for tech-smart homes are driving the market too, says Sotheby’s International Realty. Luxembourg ticks all the boxes on these fronts, offering well-built homes with excellent facilities near cities with world-class infrastructure.

People are now searching for the best of the best — close proximity to schools and entertainment, excellent living standards, and homes with enough space for entire families to live uncramped, because this is what defines luxury in the modern-day. Homes in such areas, including those in Luxembourg, are poised for even greater real estate growth in the years to come because of this long-lasting appeal, says Sotheby’s International Realty.

As the only truly global real estate brand, Sotheby’s International Realty focuses on doing the most for its clients with distinction, making it the ideal partner to find ideal homes such as these. With a network of residential brokerage companies in more than 79 countries and territories, across over 1000 offices with 25,000-plus sales associates, you will always have a reliable and competent partner with knowledge of the local market and worldwide exposure. And Luxembourg Sotheby’s International Realty wholly lives up to this reputation.

With an extended portfolio of houses that match your lifestyle, from farmhouses to modern homes, Luxembourg Sotheby’s International Realty is the go-to for finding the perfect home in this sought-after destination. Below we take a look at two such houses, which represent some of the top-class offerings that can be found in Luxembourg Sotheby’s International Realty’s portfolio.

Roeser Private Domain

Located 15 minutes away from the city of Luxembourg, the immaculate private estate of Roeser comprises 1,246 square meters of living space spread across three levels, set within 30 acres of landscaped parkland.

The ground floor’s central wing boasts a cloakroom, office and kitchen with a dining area leading to a beautiful veranda. The terrace, which overlooks the large garden, is the perfect entertainment area, featuring a bar, wine cellar and plenty of seating space. Meanwhile, the ground floor’s left-wing is home to a double-height reception room with a large dining space and library area set around a fireplace.

Designed to ensue the ultimate relaxation, the right-hand section of the ground floor is entirely occupied by the wellness area and includes a large indoor swimming pool, an outdoor beach, a jacuzzi, and a hammam.

The first floor houses the sleeping area complete with five stunning bedrooms, two bathrooms, a spacious office, a games room and an independent apartment with a living room, fitted kitchen and bathroom.

The third and final level of the home is entirely devoted to the master suite, which comprises a bedroom, two dressing rooms and an en-suite bathroom.

Set along a river, this private home is a true haven of peace. The exterior features include a wooded park, children’s play area, a lovely central pond and unobstructed views of the natural fields surrounding the estate. There is also a garage with space for two cars onsite.

Bridel Villa

Nestled on a 20-acre plot in the heart of Bridel village, the secluded, contemporary Bridel Villa offers ​​624 square meters of living space spread across three levels, all served by an elevator.

Upon entering from the street, an alley leads to a large gate opening onto the interior courtyard, which is elegantly adorned with water features. On the inside, residents are greeted with a large entrance hall complete with a cloakroom and toilets, which extends to a vast open space segregated into three parts. This includes the double-volume living room with a double-sided fireplace, a dining room and a gorgeous kitchen fitted with a central island that can be closed off by sliding doors.

Huge bay windows allow an abundance of natural light to flow into the home throughout the day and offer a beautiful transition to the outdoors, featuring a large swimming lane along the rear façade, a beautiful sunny terrace and a landscaped garden ideally facing south-west. The ground floor is completed by a two-car garage at the front of the house.

The house’s pièce de resistance is the striking 60-square-meter central staircase leading to the first floor. Here, residents have access to a second living room on the mezzanine, accessible by a glazed walkway and a terrace overlooking the garden.

On one side of the hall, the master suite includes a bedroom with a terrace, large en-suite bathroom and dressing room, and on the opposite side, there are two bedrooms, each with its own bathroom, one with a bathtub and the other with a shower.

The basement houses a wellness area with a large fitness room overlooking a tranquil English courtyard, plus a hammam. There is also an additional bedroom, shower, toilet and lounge/hobby room, alongside a wine cellar, laundry room and shoe dressing room on this level.

Modern, airy and warm, this beautiful residence offers an idyllic living environment in a residential village bordered by the forest, just six kilometres from Luxembourg City. All desired amenities are within walking distance of the house, too, including schools, nurseries, restaurants and a mini-market.

 

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