About this apartment
Modern accessible 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 advantages for landlords are possible through a 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. 22 to approx. 110 m² are being built with modern technology in an age-appropriate design, featuring an elevator and underground parking in sustainable construction to the high-quality KFW 40 QNG standard. A high-quality exterior façade with an appealing clinker façade, electric roller shutters, a modern elevator, beautiful tiles and sanitary fittings, attractive parquet flooring, high-quality apartment entrance doors, modern triple-glazed windows, good electrical fittings, controlled residential ventilation with heat recovery, as well as attractive parquet flooring will be installed. Particular attention was paid to sustainable construction in the design of the property, 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 and/or roof terraces. Each apartment is assigned a storage/basement room in the basement.
The ground-floor apartments can have a garden on request.
The offer relates to apartment 14 on the 1st upper floor. From the central hallway with wardrobe/storage room, you enter the bright living/dining area with an open kitchen of approx. 20 m² and access to the beautiful sunny balcony. A practical storage room is assigned to the kitchen area. The spacious bedroom of approx. 13 m² and the shower room of approx. 5 m² are also accessible from the hallway. The apartment has a living area of approx. 46 m². The apartment is accessible.
The identical apartment can be purchased on the ground floor, 2nd upper floor, or 3rd upper floor.
A basement room is assigned to the apartment.
There is an option to purchase underground parking spaces for EUR 26,500. The residential complex meets the technical requirements to enable KFW 40 loans of EUR 150,000 from 1.45% under programs 297 and 298 from 0.01%.
The Apartments can, if acquired 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 5% annually based on the respective book value. This results in substantial 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). An additional 4 years of special depreciation of 5% on up to EUR 4,000 per m² can be claimed here. 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 07.07.2020, para. 52 BStBl I 2020 page 623). This significantly increases the areas eligible for depreciation. The requirements and cost limits are met. Example apartment
Purchase price with 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 is scheduled to begin in spring 2026. Completion is planned for the end of 2027.
The property will also be supervised by a publicly appointed building expert. This is an additional indication of quality.
