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Real estate in Merl
The Luxembourg capital is an appealing destination for many foreign real estate hunters and investors. If you're eyeing a tranquil yet vibrant neighborhood, Merl, Luxembourg should make it to your priority list. This charming district set in the heart of Luxembourg city, is home to lush greenery, historic chateaus and modern apartments, providing a blend of old world charm and contemporary living. The architecture here is a harmonious blend of traditional and modern, perfectly reflecting the rich cultural diversity of this cosmopolitan city. Before you reach out to a local realtor, it is essential to understand the real estate market in Merl, Luxembourg. It's important to know what types of properties are available for sale and their pricing. Whether you're seeking a luxurious penthouse, a cozy apartment, or a historic maisonette, this locality is sure to deliver. Also, considering that Merl is a sought-after residential neighborhood of Luxembourg City, it's beneficial to have an idea about the price points for acquiring your dream home in such a distinguished location.
Merl properties: Market trends overview
The real estate market in Merl, Luxembourg City, has enjoyed a consistent progress in property value, making it a viable investment option for foreign investors and homebuyers, particularly from neighboring European countries, the UK, the United States, and Asia. Merl's advantageous geographical position allows for the perfect blend of a tranquil lifestyle with a bustling urban life, given the numerous leisure facilities and golf clubs, as well as its easy access to the dynamic Luxembourg City. Merl provides a lively suburban environment, rich historical charm, and an excellent standard of living. Over the past few years, Merl’s officials have increased their investments in community advancement, offering a broad array of real estate options for both local and international property buyers. This includes stylish, functional townhouses, contemporary apartments, modern villas, traditional farmhouses, and luxurious penthouses. Searching for property and apartments for sale in Merl, Luxembourg, that cater to different budgets and lifestyle preferences, is straightforward, making this charming suburb one of the most open to foreign purchasers. This has maintained Merl's reputation as a preferred relocation destination.
Average price of a property for sale in Merl
How much can you anticipate to pay for properties in Merl, Luxembourg? With several factors affecting the price, such as property type, proximity to the historic center and parks, amenities, and individual preferences in terms of luxury features, size, and accessibility, it's impossible to give a definitive answer. Recent data reveals that the highest asking price for properties for sale in Merl was €10,264 per square meter. You can find the most costly real estate in the Merl-Belair area. In contrast, the lowest prices, with an average price per square meter of €7,650 can be found in the Merl-Hollerich area. The average listing price for a residence is currently hovering around €1,223,243.
Types of properties can you find in Merl
In Merl, Luxembourg, the real estate market offers a wide variety of properties that cater to diverse needs and preferences. These include modern apartments, lavish penthouses, upscale riverside villas, and traditional Luxembourgish townhouses. Some of the most attractive properties for sale are situated within secure residential estates. Potential buyers can find 3-4 bedroom apartments with expansive balconies or duplex homes that span across two floors. Each floor in these duplex residences comes with its own private entrance, spacious balconies, and a fully equipped kitchen. Alternatively, you might be interested in a newly-built villa situated in an enviable location in Merl, with stunning views of the nearby river, easy access to the local park, and simply a perfect place to settle down.