Anyone that has ever tried to rent a flat in Luxembourg knows the magnitude of the task and all the challenges that follow it. The task is even more difficult if you are new to the area and come from another country.
That is why guides like this are made – to help you navigate through the delicate waters of flat renting in Luxembourg.
Here’s what you need to know.
First of all, get your documents in order. No deal can be achieved without these documents:
- Copy of your passport or ID card.
- Contract of employment or the last three payslips.
- Certificate of employment
Scouting for available flats in Luxembourg is fast, and mostly done online as most property advertisement is done through real estate agency websites. Several real estate agencies operate in Luxembourg. Plus, it is not a big market, so making a list of flats that match your criteria will be reasonably easy, and the list won’t be that long.
The best period to scout for flats in Luxembourg is July-August as oppose to September-October when there are way fewer available flats.
Typically, real estate agents guide you through the entire process. But that doesn’t exclude you from the process, and it is for the best to know the steps, as well as your rights. That’s your best bet to getting a good deal, getting the documents appropriately done while knowing that your rights as a tenant are protected.
In terms of tenant rights, Luxembourg rental laws are pro-tenant, which is great. However, many landlords will try to even the playfield by inserting all sorts of clauses in their favor.
To make sure that you don’t stick with an unfavorable rental contract, you need to understand every clause that’s part of it. To that end, you might consider a translator to help you understand every aspect of the rental contract. A good part of what will be inserted in the contract can be negotiated with the landlord. You can even suggest your clauses that further protect your interests as a tenant.
Once you agree upon the content of the contract to get insurance on the home, this is mandatory, and the tenant is obligated by law to buy one. There isn’t any room for negotiation in this segment.
Additionally, the tenant is asked to sign the inventory. This document contains a list of the flat’s inventory, as well as its condition. Typically, the tenant and the landlord make the inventory together. In some cases, a third party is invited as part of the process. The inventory document is essential because the landlord can’t make any security deposits in case of property damage.
One of the most important things to remember is that residential property in Luxembourg is a valued commodity. There isn’t much of it; the demand is always high, and landlords know it. The point is, the landlord is the one that chooses the tenant, not the other way around. Keep that in mind, when checking out some property, ensure that you are at your best.