The City of Luxembourg itself remains one of the most attractive places for people to live and buy in Luxembourg. Elegant, upmarket neighbourhoods such as Merl, Belair and Limpertsberg have traditionally been the most sought after districts, but now some of the areas that were always considered less desirable, such as the Gare area centred around the main train station and its neighbour across the train tracks Bonnevoie, are smartening up their image, becoming increasingly gentrified and being given a new lease of life thanks to exciting new real estate developments which offer excellent opportunities.
Between redevelopments and new projects, the Gare district is undergoing a real transformation and the City of Luxembourg is making every effort to increase the attractiveness of the whole area. Definitely up-and-coming, many investors are now seeing the potential of this area since the completion of the modernisation and upgrade of the central station itself, with big banks and hotel chains moving into the area. The neighbourhood now has the highest population density in the city and the number of inhabitants has grown steadily in recent years. It is particularly attractive to newcomers to Luxembourg, thanks to its strategic, central location and its excellent connections to other areas of the city via public transport, which will be further enhanced by the extension of the tram network in 2020. It offers a wide range of amenities – as well as large retailers and sophisticated shops, there are stylish delicatessens, trendy cafés and designer boutiques - all easily accessible because they are grouped together in a small area.
The Bonnevoie district is also undergoing the same regeneration process. Currently very popular for its friendly, community spirit, this is another great place to consider investing. Benefiting from a dynamic and cosmopolitan atmosphere, the district has come on in leaps and bounds in recent years and now offers its inhabitants a pleasant multicultural environment and a good quality of life. Both close to nature and to the city centre, it is particularly popular with families who appreciate its facilities, convenience and ”village in the city” feel. This is where you can find lovely old single-family homes, full of charm and character. It offers a multitude of local shops, alternative one-off restaurants and is home to many cultural and leisure centres, such as the Carré Rotondes, a bustling social hub with a full year-round calendar of events and workshops in music, performing arts and visual arts. And if you want to make a quick getaway at weekends, it is also perfectly located to give easy access to motorways and rail networks.
New housing projects are emerging and a real effort is being made to integrate them harmoniously with the existing buildings which shape the image of the neighbourhood. Every aspect of life is being considered in the design of these new projects - from wellbeing and health to environmental impact to the latest technology – to make it the perfect setting for a comfortable lifestyle and a broad range of daily activities. EG