July 5, 2024 • Real estate market Residential rental

Tenants: pitfalls to avoid when renting an apartment in Luxembourg

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.

1. Accurately calculate your rental budget

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.

2. Carefully read the lease agreement

Before signing, thoroughly review the lease agreement. Ask questions about:

  • the painting clause
  • additional charges
  • termination conditions and notice periods

3. Prepare your rental application in advance

Properties go quickly. Have your application ready to submit immediately after a viewing if you like the property.

4. Conduct a thorough move-in inspection

Ensure the move-in inspection is detailed and supported by photos. This will protect you in case of future disputes.

5. Have adequate insurance coverage

Before moving in, obtain renter’s insurance that covers a sufficient amount to avoid any issues in case of incidents.

6. Understand maintenance obligations

Learn about maintenance obligations to avoid problems during the move-out inspection.

7. Ensure timely payments

Set up a system to ensure timely monthly payments. Keep proof of payments to avoid any disputes.

8. Be wary of fraud

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.

9. Declare your new address to the commune

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.

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