Discover Benelux | Property | Top Real Estate in Luxembourg
LEFT: Farmhouse in Steinsel. RIGHT: Contemporary townhouse, Luxembourg Pétrusse. BOTTOM MIDDLE: Luxury duplex, Residence du Château, Luxembourg. BOTTOM RIGHT: Belle Epoque villa, Luxembourg-Pétrusse
Luxe living in Luxembourg TEXT: ANNA VILLELEGER | PHOTOS: SOTHEBY’S INTERNATIONAL REALTY
Ideally located at the heart of Europe, Luxembourg is reputed for its cultural diversity, strong economy and high living standards. From farmhouses to townhouses, Sotheby’s International Realty offers a range of luxurious properties to ensure you find exactly what you are looking for. Luxembourg’s location cannot be beaten. It is just an hour’s flight from many European capitals, with several daily connections. But there are many more reasons why people from across the globe decide to make the Grand Duchy their home. “Many people initially settle here for professional and/or financial reasons,” begins Philippe Vermast, one of the founding members of Sotheby’s International Realty’s Luxembourg branch. “The political and economic stability, tax benefits and numerous languages spoken are just a few advantages of living here. The European School and international schools also attract young families who want their children to be educated in their mother tongue.” This small but perfectly formed country also boasts an architectural scene as varied 36 | Issue 34 | October 2016
as its cultural landscape. “Luxembourg’s many churches, abbeys and bridges are as much a part of the national architectural heritage as the houses themselves, which are always blended tastefully into their surroundings,” explains Vermast. “The key word is coexistence; subtly mixing the remnants of the past with surprising modern creations. Here, the architecture reflects an eventful history, a rich industrial past and rapid economic development.” According to Sotheby’s International Realty, investors would do well to buy in Luxembourg City or its near suburbs. Those looking for a private residence should widen their search, depending on the style of property and way of life they desire. Many of the country’s most soughtafter properties are located in the capital, with elegant neighbourhoods such as Belair, Merl and Limpertsberg particularly
in demand. Peaceful and verdant villages close to the city are also popular. “Customers focus their search on those areas because they want to be close to their workplace, as well as schools, restaurants and shops. Also, when they come from abroad, they do not necessarily know about the quality of life that can be enjoyed in towns located even further outside of the city, which benefit from a beautiful environment, great infrastructure and ease of access into the centre,” explains Vermast. “We have a wide selection of prestigious properties across the country, enabling us to offer our customers a home to meet their personal needs and lifestyle, whether that is a farmhouse on the edge of the Moselle river or a penthouse in the heart of the city.” www.sothebysrealty.lu