In Luxembourg, buying a property is often the investment of a lifetime. But one key question quickly arises: should you go for a new or an old home?In such a dynamic and contrasting market, each option has its strengths and limitations.
This article helps you better understand the differences so you can make the best choice for your project.

1. The Advantages of Buying New Property in Luxembourg

Energy standards and modern comfort
New homes comply with the latest energy efficiency standards. With Luxembourg’s high energy prices, this means lower bills and better thermal comfort.

Less maintenance and builder guarantees
When buying new, you benefit from legal guarantees (such as the ten-year or two-year warranty). There’s no need to plan major renovation work in the first few years.

Tax benefits
Luxembourg offers a tax credit (up to €40,000 per person) on registration fees, reducing the total cost when purchasing new or off-plan property (VEFA).

Limitations of new builds
- Higher price per square meter, especially in the capital.
- Often located on the outskirts, as central plots are rare.
- Possible delays if the project is still under construction.


2. The Advantages of Buying Old Property in Luxembourg


Central locations and unique charm
Older properties dominate in historic districts of Luxembourg City (Grund, Clausen, Limpertsberg) and established towns like Esch-sur-Alzette or Echternach. These homes are in the heart of local life, with all amenities nearby.

Sometimes more affordable prices
At the same surface area, an older apartment may cost less than a new one. This allows you to buy in central areas or invest more in renovation.

Long-term value
A well-renovated and well-located old property retains its value, especially in Luxembourg’s competitive market.

Limitations of old properties

- Renovation work often needed (insulation, heating, electricity).
- Lower energy performance compared to modern standards.
- Few or no guarantees after purchase.


3. New or Old: Which Should You Choose in Luxembourg?


Your choice depends on your priorities:

Budget: new builds cost more per m², but old homes often require renovation.

Location: for central or historic areas, old is almost unavoidable. For modern projects with parking and green spaces, new developments on the outskirts are ideal.

Comfort and energy: choose new if you want low running costs and a ready-to-live home.

Investment: both are good options in Luxembourg, where demand remains high. New attracts young professionals and investors, while renovated old homes appeal to families and charm-seekers.


Conclusion


In Luxembourg, choosing between new and old mainly depends on your lifestyle, budget, and long-term goals.
New: ideal for a modern, energy-efficient, and maintenance-free home.
Old: perfect for enjoying central locations, authentic charm, and sometimes a lower price.


At Immobilière Spautz, we support you in both cases, with local expertise to help you find the property that suits your needs.
Don’t hesitate to check our listings of old properties and discover in preview our new real estate project in Junglinster, featuring both apartments and houses.