Located in the south of Luxembourg City, the Gasperich district is one of the 24 districts of Luxembourg City.
The neighborhood, which was originally residential, has taken on a totally different face in recent years with the construction of the Ban de Gasperich and the Cloche d’Or. The area is home to the largest shopping center in Luxembourg and will soon be home to the country’s largest green park. Many companies have their headquarters here.
Population in the Gasperich district
Number of inhabitants as of January 1, 2022
- of foreign population 71,4% 71,4%
- of the population of the city of Luxembourg 7,15% 7,15%
Number of different nationalities
Due to relentless real estate development, the neighborhood has gained nearly 3,000 new residents since 2017, an increase of over 40% in 5 years.
The French community represents nearly 20% of the residents. The new Cloche d’Or district has played the multicultural card with residents from the Gulf coming to live here.
Gasperich, a booming neighborhood
Located between the southern districts of Hollerich, Gare,Bonnevoie and Cessange, in the extreme south of the capital, the Gasperich district continues its development. The construction of new buildings, this time towards Kockelscheuer, and the development of the largest park in Luxembourg continue the modification of this district, which was originally out of the way and without much interest.
The vast Cloche d’Or project has totally transformed this area, giving it a major and central attraction today. Gasperich has become one of Luxembourg’s leading districts, where many company headquarters are located.
In the Middle Ages, only one farm existed in the area. It is only from the second half of the 19th century that the district developed with the installation of a brick factory and the construction of cheap housing.
Gasperich is now divided into 2 parts.
- The old village is rather made up of small buildings and houses of the 50s. It is home to families (67%) with one or more children. The atmosphere is family and peaceful. With an average age of 38, the neighborhood is young.
- The new part, Ban de Gasperich and Cloche d’Or, offers numerous office and residential buildings for a mixed living environment, with the establishment of the largest shopping center in Luxembourg, the Cloche d’Or, and some shops.
Large companies are also settling in the area. This is the case of PWC since 2014, Deloitte or Alter Domus, ranked among the largest employers in the country . These companies attract a new population with high purchasing power, encouraging the construction of new buildings in the Cloche d’Or sector.
The district is also home to the new CIGDS fire and rescue station, the French Vauban school campus and the new national soccer and rugby stadium, the Stade de Luxembourg .
Eventually, the district is expected to accommodate more than 37,000 employees per day. 6,000 additional inhabitants will be established on the Ban de Gasperich in 2025, which would double the current population.
Amenities in the Gasperich district
The Gasperich district has many attractions.
Schools: in the former Gasperich the schools are Luxembourgish . There are also two school hostels, as well as several crèches and hostels for childcare and after-school activities. Since the start of the 2017 school year, a brand new 47,000 m2 building has been home to the 2,400 students of theFrench nursery, primary, middle and high school Vauban .
Shops and hypermarket: the large Cloche d’Or shopping center opened in May 2019. It is home to numerous businesses, including an Auchan hypermarket, cafés, offices and leisure facilities. Several businesses and service activities are also located in the area.
Transport/bus: the district is very easily connected to the central station via the Rocade Sud or the Route d’Esch. It is also served by buses 4, 18, 21, 23, 24, CN3 with 42 bus stops. The tramway will serve the Cloche d’Or district by 2024.
With the Gasperich Cross, it is very easy to reach the different highways to the Greater Region.
Entertainment: Gasperich benefits from the nearby Kockelscheuer complex with tennis, bowling, golf. The district also has the Emile Bintner Stadium, a skatepark, an omnisports hall, 2 petanque courts and 2 omnisports courts.
The Kockelscheuer forest is also nearby. Several green parks and playgrounds are available to residents, before the completion of the largest green park in the capital and its 16 hectares.
Living in the Gasperich district
The district is undergoing a major transformation and has become the capital’s flagship district in recent years. Many new apartment buildings have been made available since 2019.
Gasperich is a pleasant neighborhood, close to everything. Business district, young and family oriented, Gasperich has a lot to seduce.
Favourable for real estate investments until recently, the prices of new buildings have been multiplied by 2, in line with Luxembourg prices. Considering the number of rental units and the construction hazards due to Covid and the war in Ukraine, should you still invest in Gasperich or should you look to Cessange, a new development?
Price per m2 for sale
- Decline of 3.81% over 1 year (March 2022/April 2021).
- Comparative city of Luxembourg : 12.477 euros/m2
- Source Immotop
Price per m2 for rent
- Increase of 3.18% over 1 year (March 2022/April 2021).
- Comparison with Luxembourg City: 27.09 euros/m2.
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