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Garnich · report

Empty homes in Garnich

1.9% of the 771 homes counted in the 2021 census had nobody resident in them.

Empty, 2021 census
1.9%
Empty homes
15

Against the wider area

Share of homes standing empty in the 2021 census.

AreaEmpty
Garnich1.9%
Capellen canton3.5%
Luxembourg5.8%

The 2021 census counts a conventional dwelling as unoccupied when nobody resident lives in it: empty, for sale or to let, a second home or a holiday home. It combines the population register with a census survey, every ten years; the next is in 2031.

Other reports for Garnich

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