Dirbach - Holzthum - Boevange

Nestled in the picturesque region of Diekirch, Luxembourg, Nocher-Route is a charming locale with a rich history dating back centuries. It boasts several historical sights, including the renowned Nocher Castle, set amidst the serene natural landscape characteristic of the Ardennes. The village’s strategic location provides easy access to Luxembourg City, just 50 kilometers away, while being surrounded by lush forests and rolling hills. With a population of approximately 500 residents, Nocher-Route offers a tranquil, yet culturally vibrant lifestyle, perfect for those seeking an exclusive living experience.

Current Property Market

The exclusive property market in Nocher-Route is currently strong and characterized by high demand and limited supply of luxury homes and apartments. This demand-supply dynamic has contributed to increasing property values, making it an attractive spot for high-net-worth individuals. The political and economic situation in Nocher-Route, and Luxembourg in general, remains stable, further bolstering confidence among luxury property investors.

Costs and Commissions

When buying a luxury home in Nocher-Route, prospective buyers should consider several additional costs. The average real estate commission paid by buyers is around 3%, whereas sellers typically pay about 1.5% of the sale price as commission. Additional costs include notary fees, which can be approximately 1-3% of the property's value, and a transfer tax of 6%. There’s no wealth tax on private properties, but capital gains tax applies if you sell a second home at a profit.

Mortgage and Financing

For those looking to finance their property in Nocher-Route, the general mortgage requirement typically insists on a ratio of at least 20% own capital to 80% borrowed capital. The maximum mortgage one can obtain is generally up to 80% of the purchase price. Income requirements depend heavily on the financial institution's criteria and the buyer’s financial profile.

Desirable Locations and Accessibility

In Nocher-Route, some of the most sought-after residential areas include the scenic hills overlooking the Sauer River. The village is easily accessible by road and is approximately a 45-minute drive from Luxembourg City. The nearest major airport is Luxembourg Airport, about 60 kilometers away, offering national and international connections.

Education and Healthcare

For families, there are esteemed institutions nearby, such as the International School of Luxembourg and the University of Luxembourg. Healthcare facilities include the Centre Hospitalier du Nord, ensuring residents have access to high-quality medical care.

Luxury Lifestyle and Amenities

Nocher-Route offers an array of luxury lifestyle options, from boutique shops to high-quality restaurants like La Distillerie, known for its gourmet cuisine. Exclusive hotels and vibrant nightlife venues provide stylish entertainment options. Residents can also explore a variety of sports and outdoor activities, from hiking and cycling in the verdant Ardennes to water sports on the Upper Sure Lake.

Cultural and Recreational Activities

Cultural enthusiasts can enjoy annual events such as the Wiltz Festival, while art and history lovers will appreciate visits to nearby museums and galleries like the National Museum of Military History in Diekirch. The local theater scene is vibrant, adding to Nocher-Route's cultural allure.

Infrastructure and Amenities

Nocher-Route benefits from well-developed public infrastructure, providing reliable transport and modern amenities. The idyllic environment, coupled with top-tier services, makes it an ideal location for discerning buyers seeking an exclusive and refined lifestyle.