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August 14, 2024 • Office Real estate market
July 5, 2024 • Real estate market Residential rental
Renting an apartment in Luxembourg can be a rewarding experience, but it’s crucial to be aware of potential pitfalls to avoid any hassles. Here are INOWAI’s essential tips for a successful rental experience.
Evaluate your budget based on your family income. Avoid overestimating to prevent your application from being rejected. Landlords often require a family income of at least 2.5 times the rent.
Before signing, thoroughly review the lease agreement. Ask questions about:
Properties go quickly. Have your application ready to submit immediately after a viewing if you like the property.
Ensure the move-in inspection is detailed and supported by photos. This will protect you in case of future disputes.
Before moving in, obtain renter’s insurance that covers a sufficient amount to avoid any issues in case of incidents.
Learn about maintenance obligations to avoid problems during the move-out inspection.
Set up a system to ensure timely monthly payments. Keep proof of payments to avoid any disputes.
When searching remotely, arrange a face-to-face call with an agent. Be cautious of offers that seem too good to be true and do not transfer money before visiting the property and signing a legitimate contract. Use recognised platforms and verify the identity of the contacts.
Declare your new address within eight days to receive your mail and complete administrative tasks.
At INOWAI, we are committed to providing you with a smooth and secure rental experience. For more advice and personalised support, please do not hesitate to contact us.