🇱🇺 Buying in Remich: the price per m²
What an apartment actually sold for in Remich — registered price per m², how widely the sales spread, and what that comes to in years of rent.
The price per square metre
Existing apartment
6,855€/m²
average price · 51 sales over the period
90% of sales between 4,942 and 9,046 €/m²
Gap to the median of the covered communes
-3.6 %
Median across the covered communes: 7,108 €/m²
Rank among the covered communes
28/ 61
cheapest to dearest
What an apartment costs
40 m²
274,000 €
60 m²
411,000 €
80 m²
548,000 €
100 m²
686,000 €
The property alone, rounded to the nearest thousand. On top of it come the transfer costs — registration and transcription duties plus the notary — which the mortgage does not finance and which therefore have to be in cash.
Buying against renting
22.3 years of rent
The purchase price of a 70 m² flat divided by a year's rent on the same 70 m². Under 20 years the market prices buying roughly like renting; past 30 it is pricing something else — an expected capital gain, or the scarcity of land. The two figures come from different sources, so the ratio is an order of magnitude rather than a yield calculation.
See the rents →Cheaper to buy, for the same commute
Communes whose drive to Luxembourg City is no longer than this one's, and whose price per m² is lower. It is the one trade-off this site exists to make visible.
What this figure measures
These are registered transaction prices, not asking prices: what was signed, not what was wanted. The gap between the two widens when the market slows, which is why these figures do not belong next to a property portal's.
Luxembourg publishes an average, France a median — on a tight market the two converge, on a long-tailed one the average sits higher. Every figure carries its method right beside it, and a comparison across the two countries has to allow for that.
Why 64 communes out of 127
Luxembourg publishes a commune-level price for apartments only: a house is too heterogeneous to average over a commune of 3,000 people, so the Observatoire de l'Habitat stops at the national level for them. Communes under ten transactions in twelve months are not published either — 60 of the 100 Luxembourgish communes clear that threshold.
On the French side, Moselle, Bas-Rhin and Haut-Rhin run the livre foncier rather than the cadastre, and are absent from DVF, the property-sales register. Longwy and Villerupt therefore have a price and Thionville and Metz have none — not an oversight, the data does not exist.
Belgium publishes its municipal prices in a separate statistical cube and Germany leaves them to each Land's valuation board. The 13 Belgian and German communes in the perimeter are left without a price rather than given an estimate.