How to study a real estate purchase offer before accepting it.jpg

Many potential buyers have seen your house or apartment for sale in Luxembourg and have made an offer. Do you want to get excited and accept right away? Give yourself the best chance of getting a good deal and spotting a great opportunity by thinking carefully about the conditions and price before confirming them.

## An offer to buy a property in Luxembourg seems like a sure thing; why not accept it?

Because time is short, you may be tempted to accept the first offer you receive for the sale of your property. However, this approach is not recommended by all professionals.

Any first offer to purchase a home or other property should be carefully considered after taking a moment to gather your thoughts. The purchase price offered is usually less than the asking price. You should not rush to sell a home that has not received much attention, as this could cause you to miss out on a better offer in the near future.

Research Luxembourg real estate even if you've made several trips and are getting impatient. Inquiries are pouring in and you are well positioned to take advantage of them. Don't even think about selling your home. Remember, however, that the real estate market is very cyclical, with certain times of the year consistently offering the best conditions.

It is recommended that you seek expert advice before making any major decisions.

## Multiple offers: comparing potential buyers

There may be several interested parties making offers on your property. When you look at real estate prices in Luxembourg city by city, you will see that not everyone has the same view. This is especially true if you live in a desirable location.

In practice, it's a matter of choosing from several approaches the one that seems most promising. If a buyer is willing to pay cash, that's more assurance than if he or she still needs the bank's approval to close the deal.

Also, a couple is better than a single person because, on average, two incomes are better than one. However, this should not be taken as an absolute truth, as it is possible to find a single person who is neither poor nor disadvantaged and has all the desirable characteristics.

## Using a third-party service to streamline the sale of multiple properties

Real estate transactions between individuals can be complicated, which is why it is in your best interest to use an agency that specializes in these types of transactions. By using this service, you can evaluate all available properties in Luxembourg and focus on the most promising ones. It will help you to select the most relevant files and to follow all the necessary administrative tasks with more efficiency and fewer errors.

How to study a real estate purchase offer before accepting it?

Last novelties in decoration for 2023.jpg

Just as the fashion industry follows the latest trends, so do interior designers. And in this industry, everything is always in motion. The interior design of a home should reflect the era and architectural style of the building. While the classics never go out of style, new approaches to interior design are constantly being developed. The 2023 interior design trends are a mix of new and old, classic and contemporary.

## In 2023, what will be trending in furniture?

This year's trend is toward natural materials and processes with the goal of reducing environmental impact. Products that have minimal environmental impact and are handcrafted are very popular. Eco-friendly design is a prerequisite for the furniture of 2023. Therefore, this year's hottest furnishing materials are:

### Refined rattan

The year 2023 will see an increase in demand for rattan furniture. This material is part of the current trend of a more natural look by bringing man closer to nature. Designers are aware of this, and are incorporating this pale yellow strip into their straw and wicker creations to build furniture and other ornamental products.

### A liaison of velvet and gold

Velvet made from natural fibers is a major trend this season. Pairing it with a gold frame results in incredibly plush chairs that invite nothing but a good book and a cuddle. Corduroy is also becoming popular for home furnishings. It's no longer just a fabric worn by music teachers; this year it will make an appearance in furniture as a popular decorating trend. Classic blue, this year's "on trend" color, looks great on it. However, there is a wide variety of colors, from subtle to bold, to choose from.

### Reuse old materials in a new way

In terms of environmental protection and sustainability, recycling can be considered the "lungs" of the planet. Everything beautiful in your home, from furniture to artwork, can be sublimated and given a new life. Upcycling is a popular trend in the home decor industry, as it allows ordinary people to get unique items by reusing discarded ones.

## This year, interior design is seeing the arrival of several natural and nostalgic styles

### The Afro style

In 2023, it will be very trendy to decorate with an African theme. The market for luxury home goods featuring traditional African motifs is flooded with options. Walls adorned with handmade natural Juju hats are chic and sophisticated in 2023.

### Nordic Style

A new trend for 2023 is a friendly Scandinavian aesthetic that emphasizes rustic wood tones and woven textiles. The cold, stark aesthetic disappears as Nordic climates warm up and become more welcoming. As a result, by 2023, wicker baskets, rattan chairs and bright handmade lighting fixtures will all find their way into a Scandinavian-inspired interior. Sleek design and shiny brass hardware are two features that appeal to us. 

### Vintage Style

The main interior design trend for 2023 will be the nostalgic cocoon look. Each piece of furniture will have a soft curvature that will make you feel at home any time of the year. For this reason, furniture with rounded corners is the best choice for interior design. Such refined furniture can give a sense of security.

## Multipurpose furniture design

In 2023, you will have multipurpose furniture to complement the new ornaments in your home. In 2023, multipurpose furniture will be all the rage, with examples being desks that can be turned into meeting tables and sofas that can be used as both sofas and beds. In 2023, multipurpose furniture is sophisticated in design, high in quality and often includes technological components. Furniture and accents are what give you a wider range of options for how you can use and enjoy your living space. The 2023 decor trend that tech lovers should focus on is multipurpose furniture.

## Craftsmanship in all its glory

One of the biggest trends you can expect to see in 2023 is a return to the classic look. You can expect to see more classic, elegant and simple handcrafted furniture pieces in the bedroom and kitchen in the near future.

Ceramic is a "must have" for any home, whether it's decorative items, dinnerware or even lighting fixtures. Do you like things more natural or polished? All kinds of colors and patterns are available, so choose what you like! Because it was created by hand, this material has a classic quality.

Last novelties in decoration for 2023

How to maintain your rental property in Luxembourg.jpg

You have invested in an apartment with the intention of renting it out; now you have to make it attractive to tenants. If your rental property in Luxembourg is not brand new, it may be worth refurbishing it. There are even a few rules to follow, so if you're considering renting a property in Luxembourg, don't hesitate to consult a real estate professional.

## Renting a property in Luxembourg: your responsibilities

While some tasks are negotiable when renting a studio in Luxembourg City, there are some legal obligations that must be respected. Indeed, landlords are obliged to provide tenants with safe, lawful and "normal" interiors.

In this regard, it is crucial that the plumbing, electrical and heating systems all function as intended. You must not put the resident at risk of, for example, fire due to a short circuit (or carbon monoxide poisoning due to a poorly maintained boiler).

You may requisition the property for up to 40 days throughout the term of the lease to make necessary repairs. If you exceed the time limit without giving the tenant notice, the tenant has the right to request a reduction in rent or to vacate the premises entirely.

## Distinguish between finding a tenant and lease-related tasks

A real estate agent in Luxembourg can help you understand which maintenance tasks are your responsibility even after you have signed a lease if you are renting a property there. This is the case when the necessary repairs are minimal and are more maintenance than renovation (unclogging drains, replacing worn joints, cleaning the ventilation, etc.).

However, if your home is currently vacant and you hope to find a tenant soon, it is in your best interest to make the necessary improvements to make it more attractive.

## Some tips for changing the appearance of your property in Luxembourg

In Luxembourg, the cost of renting a house or an apartment is rationally linked to the maintenance of the property and its location. Therefore, it is very likely that you can simply increase your rent if you make some inexpensive but beneficial improvements.

For example, consistently repainting the walls in light, neutral shades can make the house look well maintained and contribute to an air of elegance.

Floors that have suffered irreparable damage can be refinished with inexpensive, low-maintenance materials like PVC or vinyl, which can be purchased at any home improvement store.

Don't overlook the power of small details, such as installing mixing valves instead of standard faucets to improve comfort.

How to maintain your rental property in Luxembourg ?

Color trend 2022- enhance your interior with classic blue.jpg

In 2022, "classic blue" will be the color of choice for interior designers. It fits any space, from living room to bedroom to office, and can be used to great effect with simple adjustments in the placement of beautiful textiles and accent pieces.

## Tips for decorating with the color of the year

Decorating your living space with the color of the year is a surefire way to stay current. You can paint your living room "classic blue" in 2022, as this color promotes calm, confidence and a sense of well-being.

No need to rip out the carpet and paint the walls right away. You don't need to completely redesign your living room to accommodate the new style. You can, for example, replace your couch cover with a new one more in keeping with this blue design, or get new dining chairs and a tablecloth.

Whenever possible, opt for neutral colors for your walls and floor to reduce the amount of maintenance you'll need to undertake often (especially since you can quickly grow tired of the original colors).

By not compromising on your core beliefs, you can easily adapt your decor to each new season by adjusting the less permanent elements.

## Some decorating ideas with classic blue

Adding a few decorative elements won't be enough to satisfy your desire to completely redecorate your home in 2022 to reflect this incredibly trendy color. A beautiful "classic blue" can be experienced more deeply by purchasing a rug in the same tones, updating your curtains, and perhaps even repainting a small portion of a wall without redecorating the entire room in order to maintain a comfortable level of light (be careful not to darken the spaces too much).

If you want to avoid the "monochrome" trap, it's important to find complementary shades to the classic blue. Incorporating even a small amount of golden yellow into your design can make a huge difference. You can play with shades without fear of offending anyone's palate by using silver or white as an alternative.

## Should you use the classic blue color to rent or sell real estate?

You may be wondering if this kind of data is helpful in attracting potential tenants or buyers to your apartment. Do you think it's a good idea to follow the current interior design trends to add value to your home? Even if you're not trying to make a sale, playing up the initial measurements of "Classic Blue" can help convince visitors to your space.

Because even though "Classic Blue" won't be the color of the year in 2023, it's a tone that can easily be matched to any decor, bringing a very satisfying tranquility to places like the living room, bedroom or office.

Color trend 2022: enhance your interior with classic blue!

What do you know about Dudelange, an urban pearl in a green environment.jpg

With a population of 21,087 as of January 1, 2019, Dudelange, located just 20 kilometers south of Luxembourg City, is the country's fourth largest metropolitan area. This urban gem, once known for its steel production, has successfully transformed itself into a modern city thanks to its improved environment, thriving economy, wide range of cultural and sports offerings and large-scale social initiatives. Consider the benefits of living in a place that values the natural world yet is firmly rooted in the present.

## A strategic location

Dudelange is located in the canton of Esch-sur-Alzette, in the southern part of Luxembourg. This jewel of Luxembourg is less than five minutes from the French border and less than twenty minutes from the heart of Luxembourg's capital. It is also only ten minutes from the neighboring city of Bettembourg and twenty minutes from Remich, nicknamed the "Pearl of the Moselle". Those fortunate enough to live in this region can take advantage of the proximity of major highways, a comprehensive rail network and numerous bus lines.

These are valuable assets for the city, as they attract people from all over the world who want to buy a house or an apartment in Luxembourg. Indeed, its foreign population now represents about 40% of the total population and includes citizens from over 100 other countries.

## It's a city, but it's nestled in the middle of beautiful nature

In Dudelange, you can enjoy both modern comfort and the splendors of nature. Indeed, the territory of the municipality is divided between forests (24.2% of the total) and agricultural land (18.3% of the total). A lush and opulent setting, where the inhabitants can go for breathtaking hikes in the protected nature reserve of the Haard.

## Dudelange, the base for productive companies

### A city with an attractive business climate

Today, Dudelange is home to more than 700 companies, most of which provide a service to the public.

80% of the active people are employed, 13% work for the government and 6% are self-employed.

In addition, the south is home to a large number of the country's craftsmen and women. These statistics clearly show why so many companies have chosen to settle in Dudelange and its surroundings.

### A lively center where successful businesses can flourish

In the heart of the city, you will find a plethora of stores offering goods and services for all ages. There is a nice balance of restaurants, pubs and bistros in this area, which helps keep the heart of Dudelange bustling. More than a dozen stores, apartments and workplaces are spread over 4,500 square meters in the district called "Am Duerf", which has opened around the square.

## Active social, sports and cultural life

### A wide range of sports facilities

The athletes of Dudelange are frequently featured in the Luxembourg news. And this for a very good reason! Dudelange, the "hub of team sports in Luxembourg", has made it a priority over the years to develop its impressive range of sports facilities. In the René Hartmann sports center, you can choose between numerous sports activities (climbing wall, swimming pools...).

Gymnasiums, soccer stadiums, multi-sports fields and even a skatepark are available to residents for their sporting needs.

Are you a professional or athlete looking for a location in Luxembourg? Nearly 220 organizations have taken up residence in Dudelange.

### Culture at the heart of urban life

The municipal museum, the regional public library, the contemporary art center Dominique Lang and the cultural center "opderschmelz". Dudelange is a city full of cultural institutions.

### Events throughout the year

Throughout the year, Dudelange hosts many events that attract thousands of visitors from all over the world, including the Celtic music festival "Zeltik", the international festival "Like a Jazz machine", the music festival, the medieval festival "Butschebuerger Buergfest" and the medieval Christmas market.

So it is obvious that Dudelange is the best place to buy a house in Luxembourg if you attach great importance to culture.

## A happy and healthy place for children to grow up

For those looking for a family-friendly place to raise a family in Luxembourg, look no further than Dudelange. It is a haven for families because of all the wonderful resources it offers for children of all ages, including daycare centers, halfway houses, a youth center, nursery, elementary and secondary schools, including Nic-Biever, and many clubs and activities.

The bottom line? Whether you are looking for a Luxembourg apartment to rent or a Luxembourg villa to buy, Dudelange deserves to be at the top of your list.

What do you know about Dudelange, an urban pearl in a green environment?

4 reasons to buy a new property in Luxembourg.jpg

You hesitate between buying an old apartment (which would be cheaper) or taking advantage of a developer's offer to buy a new house. What are the advantages of moving to a new home in Luxembourg? The extra expense is offset by the long-term benefits of increased peace of mind.

## Enjoy first-class amenities and imagine yourself in a home built just for you

In theory, you will be dealing with a developer if you decide to buy a new home in Luxembourg. The builder will give you a lot of leeway to decide how your new home will look, feel and function. For example, you can customize the bathroom floor with tiles or another material, the living room floor with laminate, the kitchen layout according to your preferences and the bathroom equipment according to your tastes (vanity, walk-in shower, towel warmer, etc.)

## Ten-year security guarantee on all new properties in Luxembourg

The buyer of a new home in Luxembourg can rest easy, as the warranty period extends for a full decade after the completion of the building. In other words, you have preferential protection against potential defects. In the event of a moisture problem that threatens the structural integrity of the building, for example, the insurer will take over and pay for the necessary repairs.

## Budgetary savings thanks to tax and notary benefits

Buyers of primary residences in the Grand Duchy of Luxembourg can benefit from a reduced VAT rate of only 3% on all newly built houses. Keep in mind that the VAT rate will be 17% if you buy with the intention of renting it out later. However, the reduced registration fee will benefit you whether you intend to live in or rent the home.

## If you want to spend less on utilities over time, opt for an energy-efficient home

You can find luxury properties in Luxembourg City, for example, by checking out the many new programs available. Indeed, several builders specialize in designing luxurious homes with exceptional interior amenities. These homes are also desirable because of their minimal energy consumption.

In fact, as of January 1, 2017, all newly built structures within the borders of the Grand Duchy must be certified as Class AAA efficiency. They insulate superbly and allow you to turn up the heat without wasting much energy. If you use the data provided in the energy passport, you can predict: you will notice that you will pay much less electricity or gas per year if you choose a newer home than an older one.

The advantages of buying a new home in Luxembourg are numerous and easily noticeable, which is why many people are willing to take out larger loans and extend their repayment period.

4 reasons to buy a new property in Luxembourg

3 essential points to successfully choose your trustee.jpg

Since May 16, 1975, when the law was revised, a trustee is required to coordinate the representation and management of a co-ownership. A mandate is used for this purpose, and it specifies the parameters of his appointment and his responsibilities. Regardless of the size of the building collection, its selection must be the subject of a competition and a thorough examination of the most important factors. In particular, the competitiveness of its price, the high quality of its skills and the closeness of its relationships.

## What are the three points to consider when selecting a trustee?

### 1st point: Anticipated interest rate

Be careful with fixed rates, as they will probably not cover what the current management provides. Here, vigilance is required to record both the amount of exceptional services and the costs of the current management (such as the costs of organizing meetings of the trade-union council, accounting costs, etc). (recovery of unpaid bills, convocation of an extraordinary general assembly...). It is important to keep in mind that a syndicate of co-ownership must meet the needs of two different kinds of clients: the landlord, who is always looking to reduce his expenses, and the owner-occupier, who is concerned about maintaining a certain standard of living.

### Second point: Capacity and influence of the syndicate

Condominium management is a specialized field that requires a good knowledge of local customs and customized software. It also requires a lot of work. The trustee sought must have the capacity and the personnel to meet these requirements. In practice, he must be able to reduce costs by contacting reliable service providers and by negotiating each intervention, whether it is routine maintenance or major renovations. More generally, he is responsible for ensuring the continuous training of his staff according to the latest standards and procedures of the condominium.

### Third point: his relational qualities

A reliable trustee will know how to gain the respect of the other investors. If he wants to maintain this privileged link with his clients over time, he will have to show you certain things such as his frankness in his work and his ability to keep them informed of the administrative, financial and technical particularities of the building. A professional is one who responds quickly to calls and e-mails.

## The responsibilities of a trustee of co-ownership

The trustee (who now acts as an agent) is legally bound to the syndicate of co-ownership by the mandate contract (the principal). Due to the nature of the work, it must be performed by the trustee himself and cannot be delegated. The mandate of the trustee begins immediately after his election by a majority vote (50% plus 1) at a general meeting, unless the parties agree on another date. Thereafter, the term of office cannot exceed three years without a new vote at a general meeting; however, the number of renewals of the trustee's term of office is not limited, provided that the co-ownership by-laws so permit.

3 essential points to successfully choose your trustee

Interior design trends for autumn 2022.jpg

A yearning for revitalization permeates the air, despite the fall season. If there was a speed penalty to embracing the minimalist decorating trend, we certainly wouldn't see it indoors. The new fall 2022 decorations seems to confirm this trend. A fantastic excuse to watch the first episode of the new season.

## The color green reappears in all the ornamentation

Green, which had been all but abandoned, is making a stunning comeback. This rediscovery is truly groundbreaking as it is currently trending in many product categories, including interior design staples such as wallpaper, upholstery and textiles, as well as new applications such as table and floor decor. We love it so much that we turn down the full range of tones it's available in (from pale to deep), but we know that if we gave in just a little more, it would become an absolute necessity. The wallpaper industry is capitalizing on this trend with lush, oversized floral and foliage patterns. Stepping out of the purity that has been the norm recently seems to be the only option.

## It's all about contrast, whether it's between bright and soft hues or between different types of decorations

Those who aren't quite ready to add green to their decor can choose a variety of other moods by focusing on a handful of the season's most eye-catching colors, such as yellow, blue or orange, or by going in the opposite direction and opting for much softer, simpler tones to incorporate, such as powdered pink or cream.

## Gold to wake you up this fall!

Gold, another staple of this season's decor, is a great way to energize a space. A gold metal table or a modest decorative accent on a piece of furniture are subtle ways to bring gold into your home. You can use as much or as little as you like, depending on your taste and mood at the time.

## The importance of using natural materials continues to grow this season

More and more people, in this environmentally conscious era, prefer to use natural materials. Because of its long history and popularity, linen has become a popular choice for furnishing materials. Present in a big way in the world of bed and bath linens this season. So much so that we wonder if it's really possible to sleep on anything other than linen, the ultimate in luxury and ease.

## The way you hold us, rattan

Another naturally trendy material, rattan reflects both the eco-conscious movement and the bohemian aesthetic popular in the 1970s. In the furniture industry, it is used with wood to give an old sideboard or table a new look. This risk has paid off, as these once extremely conventional pieces of furniture now look completely different. You can find rattan in the accessories department, where it is interpreted as planters, wastebaskets and storage baskets, or in the lighting department, where it is present in almost endless quantities. Rattan, the star of another season, is now commonly used in furniture construction, including dressers, sofas and stools.

## Lots and lots of flowers

As if in a burst of summer nostalgia, flowers have decided to defy the change of season by staying indoors until fall. They abound in wallpaper and textile designs.


Interior design trends for autumn 2022

increase the value of your property.jpg

Your home may need some simple improvements to sell it faster and for a higher price. The time and money invested will not be excessive. They can be a game changer in the long run, but only if they are planned and executed effectively. Here are some suggestions for getting the most out of your home during this pivotal time in your homeownership life.

## Put everything in order and keep only what you need

Even if they have sentimental value to you, potential buyers should not have to look beyond your belongings when they visit your home.

They need some impartiality to better project themselves into the domestic sphere. You should also take the time to declutter each space and get rid of unnecessary items, in addition to those that are purely personal. Certainly, clutter gives an unfavorable first impression and could ultimately hurt your business.

## Make sure there are no remaining problems

As you've grown accustomed to over time, the growing list of household problems probably doesn't seem so bad now. Many people, for example, put off changing a shower head, even if it shows signs of weakness and requires them to be very careful when using it.

On the other hand, if a switch is broken or the faucet leaks during the visit, you'll lose a lot of credibility with your contact. With these considerations in mind, they may try to negotiate a better price or even look elsewhere.

Don't skimp on these small repairs; they may seem unimportant, but they play a crucial role in the seduction needed to launch the first round of negotiations.

## Refurbish the furniture and give the space a thorough cleaning

Worried that people will judge you negatively if they see your living room is too small? This small flaw can be corrected without major demolition or construction initiatives.

In fact, there are several methods to make a room more spacious; for example, painting the walls white increases the chances that a buyer will find the space to their liking.

We also suggest updating the look of your home by getting rid of patterned wallpaper in private spaces like bedrooms and replacing it with a solid color paint.

Finally, a deep clean is necessary to restore each room to its showroom glory. Windows and mirrors should be washed and faucets polished before you begin cleaning the floor and other surfaces.

## If you want to increase the value of your home, you should consult an expert

If you work with a real estate agent, they can advise you on what improvements to make to your home to attract potential buyers and reduce the likelihood that they will choose to look elsewhere. Don't hesitate to ask them for advice; they are probably aware of many low-cost strategies that will guarantee increased revenue.

It's only natural to assume that clients will be more willing to explore every space in your home or apartment if you've taken the time to make it welcoming. Finally, you will have everything you need to close the sale at the best possible price!

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