Coldwell Banker Around the World: March 2021

This month we are debuting not only a new office in our global network, but an entirely new region for the Coldwell Banker brand! Our first office in Luxembourg has opened this year, nestled between France, Germany and Belgium. We are thrilled to introduce you to the picturesque region and to the Brokers at Coldwell Banker Hestia, Caroline Gachet and Charlie Luthar.

The following guest post was co-written by Lynn Kaiser Conrad, Brand Ambassador, and Kaitlin McMurdo, International Affiliate Service Director, for Coldwell Banker Real Estate LLC

This month we are debuting not only a new office in our global network, but an entirely new region for the Coldwell Banker brand! Our first office in Luxembourg has opened this year, nestled between France, Germany and Belgium. We are thrilled to introduce you to the picturesque region and to the Brokers at Coldwell Banker Hestia, Caroline Gachet and Charlie Luthar.

Aerial view of the city of Luxembourg

“We invite you to discover our small, but really nice country. It’s worth your discovery!” Caroline Gachet shares. This is a modest statement, as Luxembourg may be one of the smaller countries in Europe, yet it is filled with gorgeous landscapes and medieval castles, and much of the city’s historical monuments have been carefully preserved.

The historic walls and buildings aren’t the only things that have survived the past ten centuries, there is also the Schueberfouer fair that began in the year 1340.  Every August, Luxembourgers celebrate the eight-day market week with a fair where you can shop and enjoy the local gastronomy, along with traditional fair rides, like a carousel and Ferris Wheel. Organized by the city of Luxembourg, it takes place on 4 hectares of land know as the Champs de Glacis, and you won’t want to miss having some gromperekichelchers, the famous potato pancakes of local origin. Along with the fun annual events, Luxembourg has an excellent reputation for providing public transportation, education, and ranks highly among environmentally friendly countries in the world. It’s also a technology and finance capital, with both Amazon and Google calling it home for some of their offices.

“Don’t hesitate to invest here, the demand is always bigger than supply,” Charlie Luthar advises, Ms. Gachet’s partner. He continues, “The market increases every year for 5% minimum (12% in 2019) and you will be sure to do a good investment.”  

With its fairy-tale aesthetics, excellent infrastructure and promising economic growth, you can be sure we will be at least attending Schueberfouer and checking out the available real estate in Luxembourg as soon as possible!

Where do you live:  We have been living in Luxembourg for 11 years.

What is the perfect weekend day like: The perfect weekend in Luxembourg would consist of walking through the city center streets, having a great lunch or dinner in one of the many restaurants, visiting the museums, and making stops for a drink in all the different bars/pubs.

What are the common modes of transportation there: Luxembourg is the first country in the world that offers free transports to not only their locals but as well to the tourist. Easiest way to move around it is by using the bus or the tram.

Tell us about the foods your area is known for: The gastronomy most known is the Luxembourgish, Franco-Italian.

What is your favorite meal? At home or at a restaurant: The favorite meal we like to eat is the “Gromperekichelcher;” however, we do not eat it either at home or in a restaurant. We eat it in the Schueberfuer, the biggest event in Luxembourg that occurs in August.

Where do you recommend someone vacation in your region, why: “Vallée des sept châteaux” is the perfect place for tourists to spend some holidays in our region. It is formidable for a mix of nature and culture by visiting the Castles in ruins and lots of different restaurants.

What is your favorite recreational or leisure time activity: We will definitely recommend the visitors to go to Mullerthal (d’Echternach) to have a nice hike in a forest while seeing the lake and the different forms of the rocks.

Is there a specialty your area is known for: Luxembourg is a country in which everyone works in the sectors of finance or technology, that is why Amazon and Google made one of their headquarters here.

Share a little known but interesting fact about the area/region: There are many different schools in which all of them are exceptional, as our children learn several different languages.

If you were to live in any other region where we have a Coldwell Banker presence, where would it be and why:  If we would have to choose a different region in which we will have to live that would be Florida because there is a very enjoyable warm weather unlike Luxembourg.

Key Facts:

• Population: Roughly 600,000
• Language(s) Spoken: Luxembourgish, French, German and English
• Climate: Moderate
• Currency: Euro

Industry Facts:

• Types of Architecture: Contemporary
• Average Pricing: 11,000 € – 12,000€/meter
• Average Years in Home:  10 years

Follow Coldwell Banker Hestia on social media!

Facebook: https://www.facebook.com/Hestia-Group-Coldwell-Banker-101061151979233 

Instagram: https://www.instagram.com/hestia_group_coldwell_banker/

LinkedIn: https://www.linkedin.com/company/hestia-group-coldwell-banker/?viewAsMember=true

Sam Shalom

Sam is the Content and Multimedia Specialist for Coldwell Banker Real Estate. He is Jersey born and bred, and currently resides in Weehawken, NJ. He is an avid reader, loves Games of Thrones and is a New York Yankees die-hard.

You can follow him on Twitter @World_Shalom