Size and Price

When deciding where to live in Luxembourg, residents pay close attention to a handful of decisive factors: the number of bedrooms, the price, the availability of parking, and natural light within the property. According to new research by the Housing Observatory, these are the considerations that consistently top the list for those searching for a new home.[1]

The study, which ranked the main criteria by importance, found that the size of housing is the leading concern for prospective residents, with 86% of respondents considering it very important. This was closely followed by price, which 84% of people listed as a key factor, reflecting the heavy burden high costs place on many households in the country's tight property market.[1]

Given the central role that cars still play in daily life in Luxembourg, the availability of a parking space ranks third among resident preferences. Other valued comforts include proximity to green spaces, the presence of a balcony or terrace, and having an open view, all of which contribute to the overall living experience. The surrounding area also matters, with 69% of respondents citing access to public transport as a significant advantage. Easy access to essential amenities is likewise considered important.[1]

By contrast, certain features are less frequently mentioned. Fewer people place importance on having smart home technologies, a lively neighbourhood, or living in an area dominated by houses. Energy efficiency is also less of a priority, with only 52% of respondents listing low energy consumption as a main concern.[1]

Despite these insights into residents' preferences, the reality remains that the most pressing issues are still the shortage of available homes and their high prices. This blog has covered the housing crisis from several angles: rents up 4.4%, 200 homes from the Housing Fund with 9,500 on the waiting list, vacant housing protests, and a government construction revival plan with seven measures. The Observatory tells us what people want. The market tells us what they can get. The gap between the two is the story.[1]