Imofolio

Luxembourg City · report

Empty homes in Luxembourg City

10.0% of the 61,920 homes counted in the 2021 census had nobody resident in them.

Empty, 2021 census
10.0%
Empty homes
6,189

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Luxembourg City10.0%
Luxembourg canton8.5%
Luxembourg canton5.8%

The 2021 census counts a conventional dwelling as unoccupied when nobody resident lives in it: empty, for sale or to let, a second home or a holiday home. It combines the population register with a census survey, every ten years; the next is in 2031.

Other reports for Luxembourg City

Figures for Luxembourg canton: Luxembourg City has no reliable figures of its own.

At the average sale price of existing apartments, a 90 m² home costs €924,268. With 10% down and a 30-year mortgage, the payment is €3,777 a month. Luxembourg sets no cap on the payment; the CSSF caps the loan at 100% of the home's value for first-time buyers who will live in it, 90% for other owner-occupiers and 80% for other buyers.

Payment, two incomes
29%
Payment, one income
58%

Owning a 90 m² apartment costs less each month than renting it. Owning counts interest, running costs and the return the deposit could earn, at the mean price existing apartments sold for; rent is the asking rent. Repaying the loan is saving, so it is left out.

Rent per month
€4,088
Owning per month
€3,652

In 2025, apartments were advertised at 20.4% more per m² than apartments sold for. A year ago the gap was +28.8%.

Gap today
+20.4%
Change in a year
−8.4 pp

Figures for Luxembourg canton: Luxembourg City has no reliable figures of its own.

18.7% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.

Licensed, 12 months
3,914

Sale prices have fallen by 3% or more 2 times since 2007. The deepest began in 2022.

Deepest fall
−13.5%
Recovery from the low
Not yet