Dudelange, nestled in the charming south of Luxembourg, offers a blend of industrial history and natural beauty. As the third-largest city in the country, Dudelange displays its past through the Mont St. Jean and the Nei Schmelz historical sites. Strategically located, the city borders France and is an essential node in the region’s economic sector.
The Exclusive Dudelange Real Estate Market
The current exclusive property market in Dudelange is stable, with a balanced supply and demand for luxury homes and apartments. Amid stable political and economic situations, the city attracts discerning homebuyers seeking exclusivity. Buyers and sellers can expect an average real estate commission of 3% respectively. However, other costs, like transfer tax, notary fees, possible construction inspection, and legal costs, must also be considered. The transfer tax on private property in Dudelange is currently set at 6%.
Taxes and Mortgages in Dudelange
Wealth tax on the private ownership of a house in Dudelange is set at 0.5%. Tax on the profit made when selling a privately owned home that is used as a main or second residence varies, and it's advised to consult with local tax professionals. Corporates must pay a tax of 24.94% on profits, while income tax for registered residents is progressive up to 42%. Prospective homeowners can expect to borrow up to 80% of the purchase price in terms of mortgage, depending on individual income situations.
Prestigious Living in Dudelange
The most sought after residential areas fuse urban living with plentiful greenery. Dudelange's accessibility is excellent, thanks to comprehensive road connections and rail services. It's just 20 minutes from Luxembourg City and within a 30-minute drive of the Luxembourg Airport. Educational institutions like Lycée Nic Biever and the University of Luxembourg lie within a convenient distance.
Living the Luxury Lifestyle in Dudelange
With nearly 20,000 inhabitants, Dudelange provides a rich, natural landscape dotted with streams and lush forests. Its continental climate offers warm summers and mild winters. Sports enthusiasts enjoy a range of activities from hiking at Haard Nature Park to football in the local stadium. Luxury lifestyle shops, high-end hotels like Cottage Logis Hotel, and classy restaurants punctuate the cityscape. The city also hosts annual events like the Fête de la musique and the Celtic music festival. Art lovers have a choice from Nei Liicht cinema to the Centre National de l’Audiovisuel. Medical facilities are top-notch with numerous clinics around and the Hôpital de Dudelange just a short distance away. The city’s wealth of amenities and well-maintained infrastructure makes living in Dudelange a satisfying and fulfilling experience.