Sunday , October 21 2018
Home / le News / The hardest and easiest places to find a home in Switzerland

The hardest and easiest places to find a home in Switzerland

Summary:
Recent government figures show a 13% rise in the number of vacant homes over the 12 months to June 2018. The number has more than doubled since 2009 when there were close to 35,000 vacant dwellings. By 1 June 2018, there were more than 72,000, a vacancy rate of 1.62%1 This might sound like good news for home buyers and renters, however it depends on where you hope to live. Drilling down to a regional level, home-shortage hot spots begin to appear. Greater Geneva (0.6%) and Lausanne (0.7%) have the lowest vacancy rates, followed by greater Basel (1.0%), Zurich (1.0%) and Bern (1.2%). Drilling down further to the 392 municipalities with populations over 5,000, reveals even greater differences. Three towns (Horw, Hünenberg, Bourg-en-Lavaux) have no vacant properties, 37 places have rates

Topics:
Investec considers the following as important: , , , , , , ,

This could be interesting, too:

Investec writes Swiss arms exports rose almost 18% in 2018

Investec writes Swiss Rail plans to test free WiFi on trains

Investec writes Cost of Swiss healthcare second highest in the world and rising

Investec writes Swiss Divorce Rates Continue to Climb

Recent government figures show a 13% rise in the number of vacant homes over the 12 months to June 2018.

The number has more than doubled since 2009 when there were close to 35,000 vacant dwellings. By 1 June 2018, there were more than 72,000, a vacancy rate of 1.62%1

This might sound like good news for home buyers and renters, however it depends on where you hope to live.

Drilling down to a regional level, home-shortage hot spots begin to appear. Greater Geneva (0.6%) and Lausanne (0.7%) have the lowest vacancy rates, followed by greater Basel (1.0%), Zurich (1.0%) and Bern (1.2%).

Drilling down further to the 392 municipalities with populations over 5,000, reveals even greater differences.

Three towns (Horw, Hünenberg, Bourg-en-Lavaux) have no vacant properties, 37 places have rates less than 0.5% and 138 places have vacancy rates less than 1%.

Municipal-level figures reveal how much tighter the property market is within official city limits in Switzerland’s main centres. Vacancy rates in the municipalities of Zurich (0.2%), Basel (0.7%) and Bern (0.4%) are far lower their greater-city rates – the rates for Lausanne (0.7%) and Geneva (0.6%) are the same.

Moving out of main centres doesn’t always improve the odds of finding a place to live. Some communes near large cities can be worse. For example, Crissier (0.1%) Ecublen (0.2%) and Prilly (0.2%), all close to the municipality of Lausanne, have far lower vacancy rates than the municipality itself (0.7%).

The municipality of Horw_© Laurentiu Iordache _ Dreamstime.com

The 10 municipalities with populations over 5,000 with the lowest vacancy rates are:

  1. Horw (0%)
  2. Hünenberg (0%)
  3. Bourg-en-Lavaux (0%)
  4. Sachseln (0%)
  5. Unterseen (0.1%)
  6. Rolle (0.1%)
  7. Crissier (0.1%)
  8. Morges (0.1%)
  9. Risch (0.1%)
  10. Vernier (0.2%)

Of the nearly 53,000 homes across these ten communes, only 53 were vacant on 1 June 2018.

At the other end of the spectrum are 14 municipalities with vacancy rates above 5% and 25 with rates above 4%.

The 10 municipalities with populations over 5,000 with the highest vacancy rates are:

  1. Vétroz (10.3%)
  2. Moutier (9.8%)
  3. Zuchwil (8.4%)
  4. Menziken (7.5%)
  5. Gränichen (6.5%)
  6. Oftringen (6.4%)
  7. Mellingen (6.3%)
  8. Chiasso (5.6%)
  9. Le Locle (5.6%)
  10. Collombey-Muraz (5.4%)

Of the roughly 42,000 homes across these ten communes, 3,098 (7.3%), or 1 in 14, were vacant on 1 June 2018.

The Federal Statistical Office provides a map showing vacancy rates by municipality, included those with populations below 5,000.

So, if you want to live in the towns of Vétroz (10.3%), Moutier (9.8%) or Zuchwil (8.4%), you could find yourself spoilt for choice. However, if you have your heart set on living in Horw, Hünenberg or Bourg-en-Lavaux, where there are no vacant homes, you might be waiting a long time.

More on this:
Federal Statistical Office vacancy rates (in French) – Take a 5 minute French test now

1 Number of vacant properties as a percentage of total housing stock.

For more stories like this on Switzerland follow us on Facebook and Twitter.

About Investec
Investec
Investec is a distinctive Specialist Bank and Asset Manager. We provide a diverse range of financial products and services to our niche client base.

Leave a Reply

Your email address will not be published. Required fields are marked *