Luxembourg is modernising its real estate valuation rules. From now on, every valuation must comply with national and international standards, putting an end to the approximate practices still found in some banking files.


The Luxembourg Property Valuation Institute (LPVI), presented by Gérald Merveille, reminds that banks are now governed by European regulations (CRR/EBA), which require:


– the use of an official reference framework, such as the TEGOVA Blue Book or the RICS Red Book,
– the involvement of a certified and independent valuer.


This evolution ensures more reliable valuations, strengthens loan security, and opens up new opportunities for professionals capable of delivering accurate analyses that fully comply with established standards.