Take Advantage of Financial Aid Before Year-End

Purchasing a property in Luxembourg is often a dream but also a significant challenge. With some of the highest real estate prices in Europe, every financial aid and benefit plays a crucial role in making your dream a reality. However, some of these essential aids, designed to ease your budget, will expire on December 31, 2024.

At New Immo, we are here to guide you through the process and ensure you seize these opportunities before it’s too late. Here’s an overview of the measures set to end and the steps you should take to benefit from them.

Financial aid coming to an end

Several temporary measures implemented to support homebuyers are set to expire on December 31, 2024, unless extended. These include:

1. The registration and transcription fee tax credit ("bëllegen akt"): This mechanism significantly reduces notarial fees. Whether you're a first-time buyer or investing in property, this aid can provide substantial financial relief.

2. Subsidies for energy renovation: Opting for energy efficiency improvements on your future property has, until now, been eligible for specific financial support. This program may change in 2025.

3. Favorable interest rates: While linked to global market trends, some banking mechanisms currently offer preferential conditions for first-time buyers or renovation projects, available until the end of the year.

Why act now?

With the deadline fast approaching, preparing ahead is crucial to maximize your chances of accessing these benefits. As an agency with 20 years of experience in Luxembourg, New Immo has the expertise to guide you in this race against time.

• Assess your budget and needs: Knowing how much you can invest and identifying the types of properties that match your expectations are vital first steps.
• Work with the right experts: Notaries, financial advisors, and real estate agents are your allies in navigating administrative processes and negotiations.
• Act quickly: The time required to finalize a purchase or launch a renovation project can be lengthy. Don’t let delays make you miss out on these valuable aids.

New Immo: your trusted partner

At New Immo, our mission is to simplify your real estate journey by offering comprehensive, personalized support. Whether you are a first-time buyer, investor, or looking for your dream home, we provide:

• Local expertise to help you find a property that meets your needs and budget.
• A network of trusted partners to accelerate your processes.
• In-depth knowledge of available financial aids and the steps needed to secure them.

Take the first step today

Don’t miss this opportunity to benefit from current financial aids before they are withdrawn or modified. Contact us now to schedule a personalized consultation. Together, we’ll turn your real estate project into a reality while maximizing your financial benefits.