2 results - Apartment for rent in Gals

Overview

Gals is a very popular residential area. Over the past 3 years, the population has risen to 851, which corresponds to a population increase of 2.16%.

Population statistics

The average income here is CHF 76,110. In the region, 20.12% of the population have a university degree, 18.27% of residents have completed higher vocational training, 45.82% have an SEK II qualification (school-leaving certificate or apprenticeship) and 15.79% are currently in compulsory education. Around 1.29% of the population is presently unemployed.

Taxes

Overall, the rate of taxation in the region is 15.07%. The individual share of tax actually paid will vary and depends on factors including current income, marital status, the amount of deductions and the like. In Gals, the tax burden is 19.53% for a childless, single person. On average, a retired couple (over 65) pay 18.8%, a married couple with two children 10.46% and a couple without children 14.36%.

The overall property market

New buildings

The housing available in Gals has grown by 20 apartments over the last 5 years. 7 of the newly constructed apartments are 3-room apartments, and 10 apartments have 4 rooms. 2 5-room apartments and one 6+ room apartment were also recently constructed. The preponderance of large apartments in Gals makes the location very appealing for families.

Housing stock

The new buildings have contributed to a further expansion of the housing stock, and there are now 430 apartments in Gals. In terms of 1-room apartments, a total of 19 properties are on the market. The housing supply also comprises 43 apartments with 2 rooms, 102 with 3 rooms and 113 apartments with 4 rooms. The stock of very spacious properties with 5 rooms comprises 99 apartments, and there are 54 apartments with 6 rooms or more.

Vacant apartments

The rate of apartment vacancies in Gals is 4.9%. This means that 10.53% of the 1-room apartments, 16.28% of apartments with 2 rooms, 3.92% of the 3-room apartments, 2.65% of the apartments with 4 rooms and 4.04% of 5-room apartments are empty. The vacancy rate for apartments with more than 5 rooms is 3.27%; 1.85% of those unoccupied properties are apartments with at least 6 rooms.

Property market (rental only)

An average of CHF 1,595 is needed to rent a property. Consequently, 25% of all rents on the market are less than or equivalent to a monthly rent of CHF 1,172 (25th percentile). Monthly rents are less than CHF 1,950 (75th percentile), or they are equal to this average price.