House prices in Garnich
No sale price is published for Garnich: the Observatoire de l'Habitat withholds a commune's price when fewer than 10 existing apartments sell there in a year. See Capellen canton
Reports for Garnich
Each report opens the full series and the assumptions behind these figures.
Figures for Capellen canton: Garnich has no reliable figures of its own.
At the average sale price of existing apartments, a 90 m² home costs €718,085. With 10% down and a 30-year mortgage, the payment is €2,935 a month. Luxembourg sets no cap on the payment; the CSSF caps the loan at 100% of the home's value for first-time buyers who will live in it, 90% for other owner-occupiers and 80% for other buyers.
- Payment, two incomes
- 22%
- Payment, one income
- 45%
Figures for Capellen canton: Garnich has no reliable figures of its own.
Owning and renting a 90 m² apartment cost about the same each month. Owning counts interest, running costs and the return the deposit could earn, at the mean price existing apartments sold for; rent is the asking rent. Repaying the loan is saving, so it is left out.
- Rent per month
- €2,762
- Owning per month
- €2,837
Figures for Luxembourg: Garnich has no reliable figures of its own.
18.7% fewer homes were licensed for construction in the last 12 months than in an average year of the past decade.
- Licensed, 12 months
- 3,914
1.9% of the 771 homes counted in the 2021 census had nobody resident in them.
- Empty, 2021 census
- 1.9%
- Empty homes
- 15
Other communes in Capellen canton
Price per m²
- €10,000 and over
- €9,000 to €10,000
- €8,000 to €9,000
- €7,000 to €8,000
- €6,000 to €7,000
- Under €6,000
- No published price