by Finding a place to rent or buy has never been easy in Switzerland, a real estate market notorious for tight supply of property. © Rosshelen | Dreamstime.comRecently published data from Switzerland’s Federal Statistical Office show are rise in vacancy rates from 1.66% to 1.72% in 2020. On 1 June 2019, there were 75,383 vacant properties either for rent or purchase across Switzerland. By 1 June 2020, the figure had risen to 78,832, a rise of close to 5%. Out of the total, 66,320 were available to rent and 12,512 for sale. 6’107 were studios, 12,804 had two rooms, 26’070 had three rooms, 22,665 had 4 rooms 7,223 had 5 rooms and 3,963 had 6 or more. Vacancy rates varied enormously depending on location. The canton of Geneva had the tightest market overall with a vacancy rate
Topics:
Investec considers the following as important: Editor's Choice, Property
This could be interesting, too:
Investec writes Swiss National Bank profits bounce back to record level
Investec writes Swiss health care costs continued to rise in 2022
Investec writes Swiss parliament rejects adding dental care to basic insurance
Investec writes Study shows how Swiss doctors and hospitals overcharge
Finding a place to rent or buy has never been easy in Switzerland, a real estate market notorious for tight supply of property.
Recently published data from Switzerland’s Federal Statistical Office show are rise in vacancy rates from 1.66% to 1.72% in 2020.
On 1 June 2019, there were 75,383 vacant properties either for rent or purchase across Switzerland. By 1 June 2020, the figure had risen to 78,832, a rise of close to 5%.
Out of the total, 66,320 were available to rent and 12,512 for sale. 6’107 were studios, 12,804 had two rooms, 26’070 had three rooms, 22,665 had 4 rooms 7,223 had 5 rooms and 3,963 had 6 or more.
Vacancy rates varied enormously depending on location. The canton of Geneva had the tightest market overall with a vacancy rate of 0.49%. Some cantons such as Ticino (2.71%) had far higher rates. The map above shows vacancy rates by canton on 1 June 2020. Vacancy rates by commune, which vary even more than cantons, can be viewed here.
More on this:
Federal Statistical Office report (in French) – Take a 5 minute French test now
For more stories like this on Switzerland follow us on Facebook and Twitter.