Attention tax experts - Beautiful apartment with garden in a KFW 40 QNG energy-efficient house

Key facts

Purchase price & costs

About this apartment

Modern age-appropriate living with modern heating technology in the KFW 40 QNG energy-efficient house in the new “Grünes Quartier” residential area with good transport connections to
Luxembourg. Bright, sunny apartment in a modern KFW 40 QNG energy-efficient house. Very high tax benefits for landlords possible through the combination of declining-balance depreciation and special depreciation for rental housing!
Beautiful, age-appropriate living with modern, cost-efficient heating technology in a sought-after location in the new “Grünes Quartier” in the quiet interior area. In this prominent location, modern, attractive condominiums ranging from approx. 25 to approx. 190 m² are being built, featuring modern technology and age-appropriate design, with an elevator and underground parking, using sustainable construction methods to the high-quality KFW 40 QNG standard. A high-quality exterior façade, 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, a controlled residential ventilation system with heat recovery, and attractive parquet flooring will be installed. Particular attention was paid to sustainable construction when designing the property, as documented by the very 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 cellar room in the basement.
The ground-floor apartments can have a garden upon request.
The offer concerns apartment 7 on the ground floor. From the central hallway with cloakroom, you enter the bright living/dining area with an open kitchen of approx. 33 m², with access to the attractive terrace of approx. 7 m² and the private garden. A practical storage room is assigned to the kitchen area. The spacious bedroom of 16 m² and the shower room of approx. 5 m² are likewise accessible from the hallway. The apartment has a living area of approx. 63 m². A cellar room is assigned to the apartment.
The comparable apartment 14 is also available for purchase on the 1st upper floor at a purchase price of EUR 332,500, as is apartment 27 on the 3rd upper floor at a purchase price of EUR 340,000.
It is possible to purchase underground parking spaces 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 and 298, as well as EUR 220,000 underthe 300 programme (family support) from 0.01%.
For apartments acquired by the year of completion and rented out in accordance with the amendments to the Economic Opportunities Act, degressive depreciation pursuant to (§ 7 para. 5a EStG) of 5% annually based on the respective book value can be claimed. This results in significant tax benefits.
Due to the KFW 40 QNG standard and the additional requirements, it is possible to combine the 5% degressive depreciation with the rental housing depreciation (§ 7 b EStG). Here, an additional 4 years of special depreciation of 5% of up to EUR 4,000 per m² can be claimed. For both the cost limit of EUR 5,200 per m² and the depreciation value of EUR 4,000 per m², the living and ancillary areas (gross floor areas) may be used as the basis (BMF letter dated 21 May 2025 – we would be happy to provide this to you). The requirements 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 provide you with detailed advice.
Construction has commenced. Completion is planned for the end of 2027.
The property is additionally supervised by a publicly appointed building expert. This is an additional indication of quality.

Location