Is buying a second home a profitable strategy.jpg

Buying a second home can be a profitable strategy for some real estate investors. However, there are pros and cons that should be considered before making a decision.

## Pros include

- Rental income: The second home can be rented out during the time it is not being used to generate additional income.
- Tax benefit: Expenses related to the second home may be tax deductible for some owners.
- Appreciation: If rental demand is high in the area where the second home is located, the value of the second home may increase over time.

## Disadvantages

- High cost: The cost of purchasing, renovating and maintaining a second home can be high.
- Rental risk: There may be times when the second home is not rented, which can result in financial losses.
- Rental Responsibilities: The owner must take care of rental issues such as finding tenants, collecting rent, and resolving any issues related to the rental.

In summary, buying a second home can be profitable for some investors, but it is important to weigh the pros and cons before making a decision. It is also important to consult a real estate investment professional to evaluate the potential opportunities and risks.


Is buying a second home a profitable strategy?

How to rent successfully in Luxembourg.jpg

Renting an apartment in Luxembourg can be challenging, but with the right tips you can find the ideal tenant and ensure a positive rental experience. Here are our tips for renting well in Luxembourg:

## Prepare your apartment
Make sure your property is in good condition and ready to rent. Make repairs, clean the rooms and make sure everything works properly.
## Set the rules for renting
Set clear rules for renting, such as arrival and departure times, service charges, payment obligations, etc.
## Advertise your accommodation
Use online platforms, ads in local newspapers and bulletin boards to advertise your accommodation for rent. Be sure to include photos and a detailed description.
## Screen potential tenants
It is important to check the background and financial situation of potential tenants before renting. This may include a credit check and obtaining references.
## Draw up a lease
Make sure you have a lease with clearly defined rental terms. The contract can include details about payment obligations, repairs, and move-out requirements.
## Monitor payments
Make sure you receive rent payments on time and follow up on late payments.
## Perform regular maintenance
Perform regular inspections to make sure the apartment is in good condition and to identify potential problems.

Following these tips will help you find the ideal tenant and ensure a positive rental experience in Luxembourg.

How to rent successfully in Luxembourg?

8 tips for a home inspection.jpg

The apartment inspection is an important procedure when renting an apartment. It is used to determine the condition of the apartment when you move in and to ensure that any necessary repairs are made before the end of the lease. Here are our tips for an effective handover:

## Plan ahead
Make sure you have enough time to inspect all aspects of the property, including closets, drawers, built-in cabinets, appliances, etc.
## Create a checklist
Create a detailed list of items to inspect and make sure you cover all of them.
## Take photos
Take detailed photos of each room and any damage or irregularities. These will serve as evidence if there is a dispute at the end of the lease.
## Be objective
Be impartial and don't let personal opinions or decorating preferences get in the way.
## Be accurate
Note any damage or irregularities, including their location and severity.
## Check the appliances
Make sure all appliances are in good condition and working properly.
## Check the meters
Make sure all meters for water, electricity, gas, etc. are read correctly.
## Sign and keep a copy
Make sure the inventory is signed by all parties involved and keep a copy for your own records.

By following this advice, you can have an efficient and accurate inventory. This will help you protect your interests as a tenant or property owner and ensure that any necessary repairs are made in a timely manner.

8 tips for a home inspection

Why live in Diekirch.jpg

Diekirch is a town in the north of Luxembourg that offers its inhabitants a pleasant place to live. Here are seven reasons why Diekirch is an ideal place to live.

## Proximity to nature
Surrounded by forests and hills, Diekirch offers many opportunities for outdoor activities and relaxation in contact with nature.
## High quality of life
The town of Diekirch offers a high quality of life with good infrastructure, quality public services and a high sense of security.
## Rich cultural heritage
Diekirch is famous for its cultural heritage, including the National Museum, churches and historic buildings. The city is also known for its annual music festival, which attracts artists from around the world.
## Proximity to the city
Although Diekirch is located on the outskirts of the city, it is not far from the capital, Luxembourg City, and is easily accessible by car or public transportation.
## Good education
The town of Diekirch offers a wide range of educational opportunities, from primary school to university.
## Dynamic job market
Diekirch is a prosperous city with a dynamic job market and a variety of employment opportunities in different sectors.
## Good value for money
Finally, living in Diekirch can be an affordable option for real estate buyers, with good value for money for houses and apartments.

In summary, Diekirch is a welcoming and dynamic town offering a high quality of life, rich culture and proximity to the city and nature. It is an ideal place for families, professionals and retirees looking for a peaceful and pleasant life.


Why live in Diekirch?

Is it a good idea to sell your property during the summer.jpg

Selling your property in the summer can have many advantages, but it's important to consider all the factors before making a decision. Here are some reasons why selling in the summer may be a good idea.
## Buyers are active
Summer is often thought of as a vacation time, but it's also a time when many potential buyers are active in the real estate market. They have more time to look at properties and make buying decisions.
## Better weather
Beautiful summer weather can highlight your property's best features and give potential buyers a better first impression. Sunny days also allow buyers to get a better view of the property's exterior.
## More natural light
Natural light is important to potential buyers, and summer offers more natural light than the other seasons.
## Available owners
Many owners are on vacation during the summer and have more time to coordinate showings and negotiations with potential buyers.

However, it is important to remember that demand for properties may be lower during summer vacations and potential buyers may be less willing to sign a contract during this time. It is also important to consider the competition in the summer real estate market.

Ultimately, selling a property in the summer can be a good idea if the conditions are favorable for potential buyers and your personal situation. It is important to consult with a real estate professional to determine if this is the right time to sell your property.

Is it a good idea to sell your property during the summer?

Holidays in Benelux 5 discoveries for the whole family.jpg

Benelux is a region in Europe consisting of the countries of Belgium, the Netherlands and Luxembourg. This region offers many activities for a family vacation. Here are five discoveries for a fun and exciting vacation:

## Amusement parks
There are several amusement parks for children in the Benelux, such as Bobbejaanland in Belgium and Efteling in the Netherlands.
## Children's museums
Discover the many children's museums in the Benelux, such as the Nemo Science Museum in Amsterdam, the Kid's Museum in Ghent and the National Museum of Nature and Science in Luxembourg.
## City tours
There are many cities to explore in the Benelux, such as the Belgian capital of Brussels, the Dutch capital of Amsterdam and the fortress city of Luxembourg.
## Boat Tours
Benelux's cities also offer boat tours where you can enjoy the canals and views of the city.
## Nature parks
The Benelux countries are also known for their nature parks, such as the Keukenhof Gardens in the Netherlands and the Belgian Ardennes, which offer breathtaking views of the green countryside.

The Benelux is an ideal destination for a family vacation and offers a variety of activities for all ages. Whether you are looking for adventure, cultural exploration or relaxation, you will find it in this charming region of Europe.

Holidays in Benelux: 5 discoveries for the whole family

Buy your parents' house Is it possible.jpg

Buying your parents' house can be a good choice for people who want to buy a property or continue a family tradition. However, there are some things you should consider before buying. Here are some things to consider when buying your parents' home:

## Financing
It is important to know how you will finance the purchase. Do you have enough savings to cover the total cost? If not, can you get a mortgage?
## Valuing the property
Have the property appraised to determine its true value. This will help you negotiate a fair price with your parents.
## Tax considerations
It's important to understand the tax implications of buying property, including property taxes, capital gains taxes and notary fees.
## Terms of sale
Work with your parents to determine the terms of the sale, such as the purchase price, payment terms, and installment payments.
## Transfer of ownership
Make sure the transfer of ownership is done legally by hiring an attorney or notary.

Buying your parents' home can have many benefits, such as preserving family wealth, investing in real estate, and saving the cost of buying a new home. However, it is important that you take the time to consider all aspects of the purchase before making a decision. If you have any doubts, do not hesitate to consult a professional who can guide you through the process.

Buy your parents' house: Is it possible?

Holidays in Luxembourg 10 tips for excursions!.jpg

Luxembourg is a small but beautiful country with many attractions to offer vacationers. Here are ten excursion tips for your vacation in Luxembourg:

## Visit the Old Town of Luxembourg City
Stroll through the cobblestone streets of the Old Town, admire the fortifications and visit the Grand Ducal Palace.
## National Museum of History and Art
Discover the history and culture of Luxembourg through art exhibitions and historical objects.
## Three Gorges Park
Enjoy Luxembourg's nature with a visit to this park with its hiking trails, rocks and waterfalls.
## Castle of Vianden
Visit this well-preserved medieval castle and enjoy the breathtaking views of the surrounding area.
## International Theatre Festival
Attend a performance at the Luxembourg International Theatre Festival, held every July.
## Grand Duke Jean Museum of Modern Art
See modern and contemporary works of art, including paintings, sculptures and installations.
## Place d'Armes
Stroll through the Place d'Armes, a popular public square with bars, restaurants and shops.
## Parc Merl
Stroll through this park in Luxembourg City with its walking paths, lakes and gardens.
## Luxembourg Ardennes
Take a trip to the Luxembourg Ardennes and discover the country's forests, rivers and mountains.
## Brasserie Nationale
Taste the local beer and meet the locals at the Brasserie Nationale, one of the oldest breweries in the country.

Luxembourg is a country with many activities for vacationers and offers a variety of options for lovers of art, culture, nature and gastronomy. There is something for everyone!

Holidays in Luxembourg: 10 tips for excursions!

Why live in Mamer Discover 7 reasons.jpg

Settling in Mamer, Luxembourg, can be an excellent option for many residents. Here are seven reasons why it can be a wise choice:

## Proximity to Luxembourg City
Located just 20 minutes by car from Luxembourg City, Mamer offers residents easy access to everything the city has to offer, while still enjoying the tranquility of the suburbs.
## Dynamic community
Mamer is a very active community with many cultural, sporting and social activities organized throughout the year. Residents feel connected and integrated into their community.
## Beautiful nature
Mamer is surrounded by beautiful natural scenery with many parks and forests to explore. Residents can enjoy hiking and outdoor activities near their homes.
## Good Schools
Mamer offers an excellent education for children with many quality public and private schools. Residents can rest assured that their children will receive a quality education.
## Thriving Economy
Mamer is an economically growing community with many businesses being established and new jobs being created. Residents can take advantage of a strong and growing job market.
## Value for money
The cost of living in Mamer is often lower than in other parts of Luxembourg, giving residents excellent value for their home and lifestyle.
## Sense of security
Mamer is a safe community where residents and their families feel secure. The streets are quiet and the crime rate is relatively low.

All in all, living in Mamer is an excellent option for those looking for a dynamic community, proximity to Luxembourg City and beautiful nature, while benefiting from a thriving economy and good value for money.

Blog and real estate advices

Be the first to receive the latest housing news and advice