Luxembourg consistently ranks among the wealthiest nations globally based on GDP per capita, making it an attractive destination for investment due to its stable economy, high standard of living, and status as an international financial center.
Until recently, Lithuanian investors seeking exposure to Luxembourg’s market could only do so through foreign funds. Now, a unique opportunity has emerged for direct investment with the launch of an exclusive real estate project by international property developer Azur Group, opening participation to investors from Lithuania.
Azur Group is collaborating with European investment platform Letsinvest to secure funding and complete the project.
“We are developing a premium real estate project, ‘Heritage Residences,’ just 15 minutes from Luxembourg City in Filsdorf,” said Roberto Bergonzi, Head of Azur Group. “The project involves the careful restoration of historic buildings, integrating them into a modern architectural complex featuring luxury residential units and commercial spaces. The project has already been approved by the National Institute for Architectural Heritage (INPA) and local authorities. Opportunities to adapt historically protected buildings, overseen by INPA, for modern living are rare in Luxembourg.”
According to Bergonzi, the project requires flexible and rapid financing, leading Azur Group to partner with the European investment platform Letsinvest, with whom they have successfully funded several development projects in other Western European countries.
“Our partnership with Azur Group opens a modern market to the Lithuanian investor community,” stated Vytenis Kinduris, Chairman of the Board at Letsinvest, which has expanded its investment geography from the Baltic states to Southern and Northern Europe. “By expanding our investment geography, we will create even more opportunities to diversify portfolios and contribute to the implementation of a new, exclusive project. Opportunities to deploy capital into a historic real estate project in Luxembourg are exceptionally rare.”
What characterizes the Luxembourg real estate market?
Azur Group, with over 40 years of experience in the real estate market, specializes in the development and management of prestigious housing. With its headquarters located in Luxembourg, the company’s experts possess in-depth knowledge of the local market.
Analysts highlight the strong potential of the market, noting that after a pause two years ago, transaction numbers have resumed growth. Housing demand remains relatively high, while the supply of new apartments and houses is limited. Currently, demand in Luxembourg is around 6,500 apartments per year, while the average annual supply is only about 3,500.
Strong fundamental factors are driving real estate demand, including the country’s political stability, a AAA credit rating, high GDP per capita, and consistent population growth fueled by high-skilled immigration and international workers.
Housing prices are projected to increase by up to 4% in 2026, largely influenced by interest rate policies. Considering the actions of the European Central Bank, a favorable monetary policy is most likely to prevail, positively impacting the real estate market. Average residential property prices in Luxembourg currently stand at approximately €8,000 per square meter.
Real estate liquidity in the European country also remains relatively high, with the expectation of selling a property within a few months. A similar situation existed between 2020 and 2021, when the country’s real estate sector experienced rapid growth.
Prime Location and Project Uniqueness
The small town of Filsdorf, located near the country’s capital, where Azur Group is developing the historic “Heritage Residences” project, occupies a unique position in Luxembourg’s residential real estate market.
The region is characterized by its greenery, tranquility, historic villages, vineyards, and cultural heritage. It also features a limited supply of new housing, while demand for high-end properties remains strong. Two out of five residences in the “Heritage Residences” project have already been reserved.
“The ‘Heritage Residences’ project, which skillfully combines respect for Luxembourg’s historic architectural heritage with modern comfort, energy efficiency, and high-quality finishes, is aimed at affluent buyers seeking exclusivity and privacy,” the company said. “These residences will appeal to both families and employees of international offices looking for high-quality housing and a peaceful environment near Luxembourg’s main business centers.”
Investors can participate in the financing of conservative-risk, exclusive real estate projects and earn a fixed annual return of up to 10%. Register on the Letsinvest platform to be among the first to learn about new investment opportunities and grow your capital safely and securely.
