Esch-Belval is a established-tier Luxembourg submarket with average asking rent around €28/sqm/mo · ≈ $33.7 PSF/yr USD.
Esch-Belval is a established-tier Luxembourg submarket with average asking rent around €28/sqm/mo · ≈ $33.7 PSF/yr USD.
Esch-Belval averages around €28/sqm/mo · ≈ $33.7 PSF/yr USD for Class A, against a citywide Class A index of 50. As an established / value submarket, rent runs at or below city average with deeper availability.
South alternative Class A frontier. University, life sciences, tech R&D, professional services.
| city | Luxembourg |
|---|---|
| submarket | Esch-Belval |
| tier | established |
| averageRentLocal | €28/sqm/mo · ≈ $33.7 PSF/yr USD |
| cityClassARentUsd | $60/sqft/yr |
| cityVacancyPct | 4.8% |
Reviewed by Samuel Okafor — EMEA contributing editor. Last updated 2026-04-15. See our methodology and editorial standards.