BUY A SUBSIDISED FLAT IN LUXEMBOURG
What is a government subsidised property?
The subsidized flats called “ coûts modérés “ were putten in place in 2004 by the Luxembourg council.
For every project with a constructible land capacity of 1 hectare, the developer has to reserve a 10% of constructible surface for subsidised properties so to allow a majority of citizens to access the property market.
Why should you buy a subsidised property?
1 ) It’s price!
The property prices per sqm are defined by the STATEC authority; generally speaking, the prices are 30%-35% cheaper than the actual market prices.
2 ) It’s the grant!
What is the buying subsidy? It’s a financial sum of money granted following your revenue status as well as your potential subsidized flat purchase; this sum may help to furnish the flat.
Said so, you are gifted 250 euro – 9.750 euro to spend in the subsidized flat.
Who can be eligible?
Everyone who is not owner in the EU but resident in Luxembourg at the moment & not reaching very high revenues for the last 3 years.
What are the revenue criteria from January 2020? *
For a single person without child the wage cap is 56.274,00 Euro on average for the last 3 consecutive years.
For a couple without child the wage cap is 68.328,20 Euro on average for the last 3 consecutive years.
For a couple with one child the wage cap is 74.362,60 Euro on average for the last 3 consecutive years.
For a single without child the wage cap is 80.392,00 Euro on average for the last 3 consecutive years.
If the wedding is recent of less that 3 years, only the highest of the two revenues will be taken into account.
*This information is subject to change and might evolve through time.
How to know if you are eligible?
Its simple! You have to collect your 3 last salary certificates and check with a worker of the “aides au logement “desk; address:
Guichet unique des aides au logement
11, rue de Hollerich
Grand-Duché de Luxembourg
Tél. : (+352) 8002 10 10
Fax : (+352) 458 844
Reception from : Monday to Friday 8:00 a.m. to 12:00 p.m. and 1:30 p.m. to 4:00 p.m; Thursday from 8:00 a.m. to 5:30 p.m.
Helpdesk : Monday to Friday from 8:00 a.m. to 4:00 p.m.