“Almost one third of the owners in Luxembourg were investors from all over the world compared to two thirds of owner-occupiers. International buyers accounted for 63% of all real estate transactions in 2018. Among them, the majority are French (21%), followed by the English (12%) and then the Belgians (8%).”
The firm also wrote that:
“In 2019, we expect residential property prices to rise by around 5%. The imbalance between housing supply and demand is expected to increase given the arrival of international workers on the Luxembourg market, probably reinforced by Brexit.”
Rent rose 8.3% between 2017 and 2018, Engel & Völkers said.