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 residential area "Grünes Quartier" with good transport connections to
Luxembourg . Bright sunny apartment in a modern KFW 40 QNG energy-saving house. Very high tax benefits possible for landlords 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 exposed location, modern attractive condominium apartments of approx. 25 to approx. 190 m² are being built with modern technology in an age-appropriate design with elevator and underground garage in sustainable construction to the high-quality KFW 40 QNG standard. A high-quality exterior facade with an attractive clinker brick facade, electric shutters, a modern elevator, beautiful tiles and sanitary fittings, attractive parquet floors, high-quality apartment entrance doors, modern triple-glazed windows, good electrical equipment, controlled living space ventilation with heat recovery as well as attractive parquet floors will be installed. Particular attention was paid to sustainable construction in the planning of the property, which is documented by the very elaborate KFW 40 QNG standard. The combination of modern technology and high-quality insulation leads to very favorable heating costs and ancillary costs. All apartments have beautiful balconies or spacious terraces or roof terraces. Each apartment is assigned a storage/basement room in the basement.
The ground floor apartments can be given a garden on request.
The offer refers to apartment 15 on the 2nd upper floor. From the central hallway with coat closet and space for a large wardrobe, you enter the bright living/cooking/sleeping area of approx. 31 m² with access to the beautiful loggia of approx. 6 m². A storage room is assigned to the kitchen area. Likewise, the shower bathroom of approx. 4 m² is accessible from the hallway. The apartment has a living area of approx. 40 m². A basement room is assigned to the apartment.
The nearly identical apartment can be purchased on the ground floor with garden (apartment 1) for 210,900 EUR.
Underground parking spaces can be purchased for 26,500 EUR.
The residential complex meets the technical requirements to enable KFW 40 loans of 150,000 EUR from 1.49% under programs 297, 298 as well as 220,000 EUR under program 300 (family support) from 0.01%.
If purchased by the year of completion and rented out in accordance with the changes of the Economic Opportunities Act, the apartments can be depreciated with declining-balance depreciation pursuant to (§ 7 para. 5a EStG) at 5% per year based on the respective book value. This results in high tax advantages.
Due to the KFW 40 QNG standard and the further requirements, a combination of 5% declining-balance depreciation with rental housing depreciation (§ 7b EStG) is possible. Here, additional 4 years of special depreciation of 5% of up to 4,000 EUR per m² can be claimed. For both the cost limit of 5,200 EUR per m² and the depreciation value of 4,000 EUR per m², the residential and ancillary areas (gross floor areas) may be used as a basis (BMF letter of 21.05.2025 - we will gladly provide it to you). The specifications and cost limits are met example apartment 1
Purchase price with underground parking space 237,400 EUR - depreciation year 1 – 4 approx. 91,484.80 EUR
Ask your tax advisor. He will advise you in detail.
Construction has started. Completion is planned for the end of 2027.
The property is additionally supervised by a publicly appointed construction expert. This is an additional proof of quality.

Location