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Up to 100 euros per square metre: Esch-sur-Alzette council to impose annual tax on empty homes
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Up to 100 euros per square metre: Esch-sur-Alzette council to impose annual tax on empty homes
Esch-sur-Alzette's municipal council has approved a new tax on vacant homes and unused land, with property owners facing charges of up to €100 per square metre annually in a bid to tackle the city's housing shortage.
·Luxembourg City, Luxembourg
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The municipal council approves the planned tax on empty apartments. Almost ten percent of the real estate is estimated to be uninhabited. That is to change.
·Luxembourg City, Luxembourg
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According to official estimates, between 8 and 10% of the city's real estate is currently unoccupied, and this is expected to change.
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