2 BED APARTMENT IN LUXEMBOURG-NEUDORF
YOU WILL FIND BELOW
5 strong selling points
Walkthrough of the property
Financial and fiscal considerations
Recap of the key data
1 shower room
77.5 m2 habitable
Built in 2004
5 STRONG SELLING POINTS
Spacious apartment with nice volumes,
In great walk-in condition,
Functional layout, easy to maintain,
In Luxembourg-City, close to all amenities and transports
Refreshment work, such as repainting the façade and the walls in the common areas, is already provisionned for.
WALKING THROUGH THE PROPERTY
The property is located on a road connecting the city centre to the Findel Airport.
The road is wide with no heavy traffic.
Buses stops outside the building.
The living room is spacious with large window and door to balcony. It is oriented south-east.
Connection to Internet / TV.
The kitchen is separated and bright with 2 windows on 2 sides (oriented north-east and south-east).
It includes sink, dishwasher, hob, hood, oven, combined fridge/freezer and numerous storage units.
Bedroom 1 is 16m2.
Large window oriented north-east.
Bedroom 2 is 11 m2 and is oriented north-east.
It has a balcony,
The shower room is compact with shower (and enclosure), w.c., wash hand basin with storage units beside and below, and a heated towel radiator.
It has mechanical ventilation.
There is also a walk-in pantry ideal for storing out of the way all necessities as well as a storage unit for coats.
THE TECHNICAL SPECIFICATIONS,
Energy Passport E & E
The exterior walls are insulated,
There are radiators in each room and a heated towel rail in the bathroom,
Each window (all double glazed) has its shutter,
The shower room has mechanical ventilation,
The floors are tiled/wooden laminate,
All walls are painted/tiled
Rental income : 1800 euros per month
Rental charges : around 160 euros per month
Landlord charges : around 90 euros per month
75.5 m2 habitable,
1 garage, 1 cellar
Large living, 28 m2
Fully equipped kitchen, 8.5 m2
2 double bedrooms, 16 & 11 m2
1 shower room with W.C.
2 balconies (3 m2 each),
Neudorf is a neighbourhood of Luxembourg-Ville,
Located in the east of the city.
The property is located along a road connecting the city centre to the airport
The local schools:
Pre-School - Ecole préscolaire, 147 rue de Neudorf,
Primary School - Ecole fondamentale / Ecole de Clausen, 257 rue de Neudorf,
Primary School - Ecole Notre-Dame Sainte-Sophie, 4 rue Marguerite de Busbach,
A little further,
Pre-school, primary and secondary - Ecole Européenne, Boulevard K. Adenauer, Kirchberg
Rue Joseph Leydenbach, 4-6 rue Joseph Leydenbach,
Laladudo, 212 rue de Neudorf,
Generalists, OB and Gynecologists,
Sport and cultural infrastructures
1 pétanque track
1 cultural centre
Stadium Henry Funck
Training centre for dogs
1 all sport field
The closest bus stop is just outside the building complex:
The bus lines to stop there are:
7 to Lux-Gare and Kirchberg
9 to the city centre and Cessange
25 to Dommeldange, Kirchberg and Hamm,
The A1 motorway – Exits 7 – Cents & 8 - Kirchberg
FINANCIAL & FISCAL CONSIDERATIONS
Listed price : € 840 000
Registration tax :
In the instance of an existing property, the registration tax is calculated based on the total cost of the land and that of the built building .
Rate : 7%
Based on the property price as registered on the Acte de Vente
For instance : 840 000 * 7% = € 58 800
Tax rebate / Bëllegen Akt :
Is applicable to the registration tax amount
Only applies to primary residences
Each buyer can benefit from the tax rebate
Ceiling of 20 000 € per person
If 100% applicable to the above calculated tax, the payable amount would be 58 800 – 40 000 = 18 800 €.
N.B. If this property is acquired for an early resale, the registration tax rate will be different.
In this case, the tax rebate is not applicable.
Remaining saving on 3% VAT: 48 952.86 €
Notary fees : based on the property price as registered on the Acte de Vente, if 840 000 € : approx. 1 990 €
Agency fees : payable by the vendor
INSURANCES TO SUBSCRIBE TO :
Feasible to gather them under one package :
- Cover against fire, against forces of nature (tempests, etc), against water damages, glass breakage, against theft
- Civil liability
- Balance remaining due (when a mortgage has been subscribed to )
Total surface habitable : 77.5 m²
1 shower room
Listed price: 840 000 euros