Reduced Registration Fees

Reduced Registration Fees: A Great Opportunity for Homebuyers in Luxembourg

At New Immo, we strive to keep you informed of the latest beneficial updates in the real estate market. The Luxembourg government has recently lowered registration fees to 3.5%, applicable from October 1, 2024, to June 30, 2025. This reduction presents a unique opportunity for those looking to buy property, whether it’s a primary residence or an off-plan property purchase (VEFA).

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What Does This Reduction Entail?

Registration fees are a tax payable when purchasing real estate. The temporary reduction to 3.5% allows future homeowners to save significant amounts. For example, if you’re purchasing a property for €500,000, instead of paying 7% in registration fees (€35,000), you will now only pay 3.5% (€17,500). This translates into immediate savings of €17,500!

Additionally, this reduction is combined with the Bëllegen Akt tax credit. This tax credit allows buyers to reduce their registration fees by up to €20,000 for a primary residence, potentially lowering these fees to zero in certain cases!

Why Is This Beneficial for You?

This measure comes at a time when property prices can be a challenge for many households. The Luxembourg government’s initiative aims to encourage homeownership and boost the real estate market, while also helping families invest in housing under more favorable conditions.

For first-time buyers or those looking to move, this reduction offers an excellent opportunity to purchase a home with lower costs. At New Immo, we believe this initiative will help many buyers fast-track their property purchase while optimizing their financial investment.

How New Immo Supports Your Project

As a leading real estate agency in Luxembourg, New Immo supports you every step of the way. Whether you’re searching for your first home, an investment property, or simply want to learn more about current opportunities, our team of experts is here to guide you.

We assist you in understanding all the tax implications, including the advantages of this registration fee reduction and the Bëllegen Akt tax credit. We also make sure to offer you a selection of properties that meet your needs and budget while advising you on how to optimize your purchase.

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Take Advantage of This Opportunity Today

Don’t miss out on this unique chance to save on the purchase of your next property. The temporary reduction of registration fees, combined with the tax credit, provides buyers with the opportunity to significantly lower the costs of their real estate purchase.

At New Immo, we’re available to provide all the information you need and to support you in your buying journey. Contact us today to discuss your real estate project and benefit from the best possible conditions!