Presentation
Pierre & Nature is proud to be able to present its new real estate project “Les Jardins de Weimerskirch” located in the immediate vicinity of the European institutions, the Kirchberg Plateau and Dommeldange station.
The project, which consists of two inviting residences, offers 8 high-quality homes with 1, 2 and 3 bedrooms and parking spaces for cars and bicycles. Each property has a balcony and/or a terrace.
The residences have a unique architectural identity which makes perfect integration in the constructed environment possible. They use noble, sustainable and environmentally-friendly materials.
Discover an unusual living space, which combines comfort, prestige and peace.
Situation
the “Les Jardins de Weimerskirch” residences are located in a friendly and bright environment, in the vicinity of transport to the city centre.
The fact that it is adjacent to all municipal facilities enables easy access to shops, schools, restaurants, banks, pharmacies and other service providers.
Address : Rue Schetzel 126 and 128, L-2518 Luxembourg-Weimerskirch
Thanks to its location and excellent orientation (living room and terraces facing south-east), the project provides residents with peace, brightness and comfort.
4 homes from 38 to 136 m²
4 homes from 38 to 133 m²
In Time & Space
Select the amenity you want from the list below to view it on the map.
FAQ
With regard to the purchase of your property, you have to consider the following costs to calculate the price including all costs:
Value added tax (currently 17% or 3%):
Value added tax only relates to building costs.
There are currently two rates of value added tax applied in Luxembourg:
• 17% if the property is used for professional purposes or as a second home;
• 3% if the property is used as a main home by the owner for at least 2 years.
Notary costs:
Notary costs are based on the tariffs determined by the State of Luxembourg. The notary can provide you with costs on request.
Registration fees:
In the Grand Duchy of Luxembourg, the purchase rights for the purchase of a property are 7% (registration fee proportional to 6% + right of copy of 1%) on the value of the property. However, the amount of the registration fees may differ based on the following criteria:
– The buyer, who is resident in Luxembourg and intends to live in their own property, can benefit from a flat rate for the registration of €100.00 if the registration rights (i.e. 7% calculated on the amount of the property and any buildings, which have been created), do not exceed the tax exemption of €20,000.00 per person.
– The buyer, who is not resident in Luxembourg and intends to live in their own property, must advance the registration fees as calculated above, but can claim them back if they send the notary a residence certificate with which they can prove that they actually live in the property purchased.
– The buyer who states in the act of sale that they are buying the building with the aim of an early transfer is entitled to a partial reimbursement of the registration fees. In the event of a resale, the initial registration fee increases from 6% to 7.2% (by adding 1.2% tax). The right of copy remains unchanged at 1%. In the case of a resale, the registration fees due are 8.2% (proportional to 7.2% + right of copy of 1%). However, the reimbursement is 6% if the act of sale is registered during a period of two years (from the first date of sale). The reimbursement is 4.8% if the period exceeds two years when the act of sale is registered but is less than four years from the first sale.
Connections:
In addition, the connection costs of the various distribution companies for electricity, water, television, etc., must be taken into account.
For your information: these connection costs are +/- €4,000 excl. value added tax per unit. This is a non-contractual estimate based on our previous projects, which can change depending on market prices.
The great advantage of purchasing on plan is the possibility of adapting the interior fittings to your wishes, of course subject to technical and administrative possibilities.
Enlarging the bathroom to include a bathtub, reducing the storage room to make room for the living room, for example, are options that you have when you buy on plan.
Our sale price includes a comprehensive package which is described in the specifications. Our sales advisor will provide you with the specifications. For example, a flat rate is provided for the complete sanitary module, the electrical installations, the heating, the tiles and the doors, as described in the specifications. All electrical installations and the radiators are installed in consultation with the buyer.
The furniture and kitchens on the plans are presented purely for information purposes and are not included in the sale price.
The delivery of the residences is determined in the reservation contract.
The sale price indicated in the deed of sale is form and binding. However, it includes value added tax at the current rate and is, if necessary, adjusted if the rate changes.
If the customer requests changes and/or additional works after the purchase contract is signed, they will receive a cost estimate for confirmation before the works are carried out.
Stage 1: Signing the reservation contract
When signing the reservation contract, a deposit of the purchase price excluding costs is transferred to the notary’s account and remains in this account until the notarised deed of purchase is signed.
Stage 2: Signing of the notarial deed of purchase
At the request of the builder or the notary, the contract is signed by the notary. At this point, the property shares, the already completed buildings and the associated costs (VAT, registration fees and notary’s fees) are to be paid, minus the down payment made when the reservation contract was signed.
Stage 3: As the construction work progresses, the planned tranches of the building work must be paid according to the following table:
The buyer is protected in full. A completion guarantee that corresponds to 100% of the value of the building sold is guaranteed by a bank on the Luxembourg market. This guarantees that the building will be built on time and according to the specifications.
At the time the act is signed, the buyer receives proof of the deposit from the builder. This guarantee is released during acceptance. It concerns the entirety of the works.
If the delivery date is missed, this has significant financial consequences for the builder. The price determined is final and the entirety of the works are defined in the specifications attached to the basic deed and the reservation contract.
An acceptance process is organised at the end of the building works. Unless everything is perfect, a sum is blocked in advance (bank guarantee).
We would like to note that there is a ten-year guarantee that covers any problems with regard to statics that occur up to 10 years after the completion of the building works.
The community costs include the following:
• Maintenance of common areas as well as outdoor areas and snow removal.
• Minor maintenance works;
• Management fees;
• Heating, electricity, water for the common areas;
• Maintenance and operating costs for lifts;
• Local taxes;
• Fire insurance for the building;
• Any major works, which are decided on by the general meeting;
• Bank costs;
• Any contributions to the reserve fund (the creation of this reserve fund is decided on by the residential community);
• The different costs.
The building’s basic deed specifies the shares, which are called thousandths, allocated to all apartments, basements and parking spaces. This work is determined by the land registry and topography departments.
Each month you will be asked to prepay the estimated co-ownership costs based on the thousandths of your units (including basement and parking). These prepayments are regularised at the end of the year based on actual expenses. In addition, a reserve fund can be created for future major works.
Apart from the management fees, these are costs that every owner of a single-family home usually incurs. The difference is that here they are borne together to later be divided proportionally among the co-owners. All of this is organised by the basic deed of co-ownership, in which you will find all the information you need.
Below is an estimate of the various monthly costs for community use (excluding the individual consumption of electricity, heating and telecommunications) for a 90 m² property. Note that this is an estimate on its own and each case is different and heavily dependent on the management of the co-ownership.
Estimate of running costs for a 90 m² property in a residence with 10 apartments:
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Insurance: |
€18.00/month |
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Management costs: |
€50.00/month |
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Works and other costs: |
€18.00/month |
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Lift: |
€25.00/month |
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Cleaning: |
€15.00/month |
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Electricity and water costs: |
€66.00/month |
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Garden works: |
€10.00/month |
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Snow clearance: |
€8.00/month |
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Total: |
€210.00/month |
The sound insulation in a building depends on both the quality of the materials and techniques used and on the proper division of the rooms.
We pay a lot of attention to the soundproofing in our residences. This explains why we equipped the building with double walls to divide the units and floating screed. There is a full description of all of these elements in our specifications.
The risk of noise disturbances is reduced in a well-designed and well-built building. Note, however, that this is a community building, not a single-family home.
In fact, living together in co-ownership requires respect for the applicable property rules and responsible behaviour, just like in a single-family house.
Each co-ownership is run by a property manager. Up to the first general meeting, which is held at the end of the building works, Pierre & Nature and Lodomez carry out this work. At the first general meeting, to which all co-owners are invited, a permanent manager is chosen. Before this general meeting, every owner is invited to put forward one or more property managers, if they so wish.
Two factors are decisive for a good investment:
a. The quality of the construction;
b. The location of the project.
A qualitatively high value and well-located building is a safe bet!
As far as the quality of the construction is concerned, the specifications testify to the quality of the construction materials planned. Choosing an experienced and well-known company, as well as choosing architecture and engineering firms with an excellent reputation, are also a guarantee of this quality.
The “Jardins de Weimerskirch” development is located close to the centre of Luxembourg city and, therefore, in the immediate vicinity of all city amenities.
Potential renters always prefer projects with a good location and are willing to pay a higher rent in this case. In the event of resale, the owner will find a buyer easily. Great locations are rare and sought after!
A notary is determined by the promoter and the sale certificate is signed thereby. It is the notary who, among other things, prepares the basic deed, the property rules, the reservation contracts and the notarial deeds of purchase. On the day the act is signed, they will also provide you with the completion guarantee issued by the bank. They are available to provide you with any additional information you may require as they know the dossier inside out.
You are also completely free, at no additional cost, to choose a second notary who will advise you on your purchase and support you.
Your tenant will be required to unreservedly comply with the basic deed and the property rules. The owner remains solely responsible towards the co-ownership for the payment of community costs but, naturally, the vast majority of these costs are transferred to their tenant since they are the one using the establishment. The owner will pay their share of the fire insurance, the tax withholding and any contribution to the reserve fund, etc.
From the start of the building works, the promoter has taken out insurance which covers, among other things, fire damage. At the first general meeting, this contract is transferred to the co-ownership. Therefore, your building is permanently insured, and it is not necessary to take out addition insurance for the property. However, each co-owner must insure their content and any upgrades to the home (e.g. If they have improvement works done to their property) as well as, if they want to, other risks such as theft.
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