Attention tax buffs - save taxes through special depreciation in the KFW 40 QNG energy-saving house

Key facts

Purchase price & costs

About this apartment

Modern age-appropriate living with modern heating technology in the KFW 40 QNG energy-saving house in the new "Grünes Quartier" residential area with good transport connections to
Luxembourg. Bright, sunny apartment in a modern KFW 40 QNG energy-saving house. Very high tax benefits for landlords possible through the combination of declining-balance depreciation and special depreciation for rental housing construction!
Beautiful, age-appropriate living with modern, cost-effective heating technology in a sought-after location in the new "Grünes Quartier", in the quiet inner area. In this prime location, modern, attractive condominiums ranging from approx. 25 to approx. 190 m² are being built, featuring modern technology in an age-appropriate design with an elevator and underground parking in sustainable construction to the high KFW 40 QNG standard. A high-quality exterior facade with an appealing clinker facade, electric shutters, a modern elevator, attractive tiles and sanitary fittings, appealing parquet flooring, high-quality apartment entrance doors, modern triple-glazed windows, good electrical fittings, controlled residential ventilation with heat recovery, and attractive parquet flooring will be installed. Particular attention was paid to sustainable construction in the property's design, as documented by the highly demanding KFW 40 QNG standard. The combination of modern technology and high-quality insulation results in very low heating and ancillary costs. All apartments have attractive balconies or spacious terraces or roof terraces. Each apartment is assigned a storage/cellar room in the basement.
The ground-floor apartments can have a garden upon request.
The offer refers to apartment 1 on the ground floor (with a garden upon request). From the central hallway with cloakroom and space for a large wardrobe, you enter the bright living/cooking/sleeping area of approx. 31 m², with access to the attractive terrace of approx. 6 m² and the garden. A storage room is assigned to the kitchen area. The shower room of approx. 4 m² is also accessible from the hallway. The apartment has a living area of approx. 40 m². A cellar room is assigned to the apartment.
The nearly identical apartment can be purchased on the 2nd upper floor (apartment 15) for EUR 212,000.
Underground parking spaces can be purchased for EUR 26,500.
The residential complex meets the technical requirements for KFW 40 loans of EUR 150,000 from 1.49% under programs 297, 298, as well as EUR 220,000 under program 300(Family support) from 0.01% possible.
The apartments can, if purchased by the year of completion and rented out in accordance with the amendments to the Economic Opportunities Act, be depreciated using declining-balance depreciation pursuant to (§ 7 para. 5a EStG) at an annual rate of 5% based on the respective book value. This results in significant tax benefits.
Due to the KFW 40 QNG standard and the other requirements, it is possible to combine the 5% declining-balance depreciation with the rental housing depreciation (§ 7b EStG). Here, an additional 4 years of special depreciation of 5% of up to EUR 4,000 per m² can be claimed. Both the cost limit of EUR 5,200 per m² and the depreciation value of EUR 4,000 per m² may be based on the living and ancillary areas (gross floor areas) (BMF letter dated 21 May 2025 – we will be happy to provide this to you). The specifications and cost limits have been complied with. Example: Apartment 1
Purchase price including underground parking space EUR 237,400 – depreciation years 1–4 approx. EUR 91,484.80
Ask your tax advisor. They will advise you in detail.
Construction has commenced. Completion is planned for the end of 2027.
The property is additionally supervised by a publicly appointed building expert. This is further evidence of quality.

Location