Sale price of apartments — “refined” price (excluding annexes) per municipality

**Updated June 29, 2022 — Statistics up to Q1 2022.** Since September 2013, the Housing Observatory of the Ministry of Housing and STATEC have jointly disseminated quarterly statistics on the **sales prices of apartments**, making it possible to distinguish between ** existing apartments** (assimilated to the market of the old) and **apartments under construction** (assimilated to the market of the new, for goods sold under a contract of sale in the State Future d’Achèvement, or VEFA). These statistics are based on **notarial acts**, as shown in the data of the Publicité Foncière transmitted by the Administration of Registration and Domains. The different stages of processing the raw data to arrive at the statistics on sales prices of apartments are described in the joint [methodological document](https://download.data.public.lu/resources/prix-de-vente-des-appartements-le-logement-en-chiffres/20191007-141758/methodologie-prixvente-appartements-2013-12.pdf) of STATEC and the Habitat Observatory. The deferred prices for apartments under construction (VEFA) correspond to a VAT rate of 3 %, up to the total tax concession of EUR 50 000. The sale of an apartment frequently includes annexes such as one or more garages, indoor pitches, outdoor parking spaces and cellars. It is important to evaluate the contribution of these various annexes, in particular in order to be able to compare, when searching for a dwelling, apartments with different numbers of annexes. The Habitat Observatory of the Ministry of Housing has therefore developed a **methodology for estimating the contribution of the various annexes to the sale**, **and then assessing the price per m² of the apartments by excluding from the transaction the contributions of these annexes** (garages, outdoor locations and cellars). The statistical model made it possible to estimate the implicit prices of garages, outdoor locations and cellars associated with the sale of an apartment, depending on the location of the property. On average, the estimated valuation for the model over the period 2020-2021 is estimated at EUR 58 000 for a garage or indoor space in a residence, EUR 26 000 for an outdoor location, and EUR 12 000 for a cellar. However, there are large variations in the territory, particularly in the implicit prices of external locations. These implicit prices are updated once a year (for 4th quarter statistics). The downloadable Excel tables show **sales prices per m² “refined”** in municipalities for which at least 10 transactions are recorded (after selection and processing).