🇱🇺 Luxembourg · market guide 2026

Buying a holiday home in Luxembourg: yield, taxes and rental rules

Luxembourg is a high-price, low-supply market driven by cross-border professionals and EU institutions. Short-term rental supply is thin, so well-located furnished flats achieve steady mid-week occupancy. This guide gives you the numbers investors actually need for Luxembourg — typical yields, acquisition costs, rental income tax and the short-term rental (STR) rules — plus a free calculator and Terrivio's automated analysis for any atHome.lu and Immotop.lu listing.

Free yield calculator

Adjust the inputs — results update instantly. Defaults reflect a typical listing in this market.

Purchase price (€)
€700,000
Acquisition costs (%)
8.0%
Average nightly rate (€)
€150
Occupancy (%)
55%
Variable costs (% of revenue)
25%
Fixed costs per year (€)
€6,000
Gross yield
4.3%
Net yield
2.2%
Gross annual revenue
€30,150 (201 booked nights)
Net operating income
€16,613 per year
Monthly cashflow (before financing)
€1,384 per month
Break-even occupancy
15%

Net yield = NOI ÷ (price + acquisition costs). No mortgage assumed; add your own financing.

What does a holiday rental in Luxembourg earn?

Across the markets Terrivio tracks, gross yields in Luxembourg typically range from 3.5–5% and net yields from 2–3% after operating costs and acquisition costs. The spread between the two is the whole story: platform fees, cleaning, management, utilities, insurance and local taxes usually consume 35–50% of gross revenue.

Worked example: a €700,000 property at €150 per night and 55% occupancy books about 201 nights and grosses roughly €30,150 a year (4.3% gross yield). After 25% variable costs and €6,000 fixed costs, NOI is about €16,613 — a net yield of 2.2% on the total investment of €756,000.

Purchase costs and taxes in Luxembourg

Budget roughly 8% on top of the asking price for acquisition costs. The main component is the 6% registration + 1% transcription duty. These costs are sunk on day one, which is why Terrivio divides NOI by the total investment — not the asking price — to compute net yield.

Rental income is taxed at progressive rates up to 42% plus solidarity surcharge, after depreciation and cost deduction. Property tax is very low, but a new national property tax reform is under discussion.

Tourist tax: €1–3 per night in most communes. It is normally collected from guests but affects your competitive nightly rate.

Short-term rental rules in Luxembourg

Tourist accommodation must be declared to the Ministry of the Economy (tourism directorate) and to the commune; Luxembourg City applies its zoning rules to furnished tourist lets.

Regulation is the biggest single risk in European STR investing. Terrivio's risk score weights regulatory risk at 25% and flags night caps, licence requirements and enforcement intensity for every analysed listing.

Where to look: cities and portals in Luxembourg

Popular short-term rental locations include Luxembourg City, Esch-sur-Alzette, Remich (Moselle), Vianden and Echternach. Each has a different seasonality profile — Terrivio shows the 12-month revenue curve so you can see how much of the year carries the return.

Listings are mostly published on atHome.lu, Immotop.lu and Wortimmo. Terrivio reads these portals directly: paste the listing URL and the pipeline extracts price, size, rooms and location automatically.

How to analyse a Luxembourg listing with Terrivio

  1. Copy the listing URL. Open the property on atHome.lu or another supported portal and copy the address bar URL.
  2. Paste it into Terrivio. Terrivio scrapes the listing, geocodes the address and pulls market ADR and occupancy for the segment (property type, bedrooms, location).
  3. Review yield and cashflow. You get gross and net yield, NOI, monthly cashflow, break-even occupancy and 10-year IRR — using Luxembourg-specific acquisition costs and taxes.
  4. Check risk, tax and rules. The report shows the 10-dimension risk score, the recommended tax regime for Luxembourg and the STR rules that apply to the exact city.

Frequently asked questions

Is a holiday home in Luxembourg a good investment in 2026?

It depends on the micro-location and on regulation. Typical net yields are 2–3%; the best results come from locations with year-round demand and clear licensing. Always model the net figure, not the gross.

How much are purchase costs in Luxembourg?

Plan for roughly 8% of the price: 6% registration + 1% transcription duty, plus notary, registry and agent fees where applicable.

Do I need a licence to rent out short-term in Luxembourg?

Tourist accommodation must be declared to the Ministry of the Economy (tourism directorate) and to the commune; Luxembourg City applies its zoning rules to furnished tourist lets.

Which Luxembourg property portals does Terrivio support?

Terrivio analyses listings from atHome.lu, Immotop.lu and Wortimmo and 40+ other European portals. Paste any listing URL to start.

Analyse a real listing in 60 seconds

Paste a Funda, Idealista, Rightmove or ImmoScout24 URL. Terrivio returns net yield, cashflow, risk score, tax and STR rules for 13 European countries. Launching 6 October 2026.

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All figures are indicative estimates for orientation only and do not constitute financial, tax or legal advice. Verify local rules with a qualified adviser. Last updated: 2026-09-09.