In medieval times Durbuy was an important centre of commerce and industry. In 1331, the town was elevated to the rank of city by John I, Count of Luxemburg, and King of Bohemia.
In 1628 Anthonie II Schetz obtains the Seigneurie of Durbuy, by permision of Felipe IV of Spain. One of the people connected to the city was the son of Lancelot II: Charles Hubert Augustin Schetz, (1662-1726), Count of Durbuy. In 1756 the decendants of the House of Schetz obtain the Castle. Since then the House of Ursel resides in the Castle. The current castle was built in 1880.