Thursday , April 25 2024
Home / le News / Switzerland abandons 1 franc house offer

Switzerland abandons 1 franc house offer

Summary:
In 2019, the village of Gambarogno in Ticino offered abandoned houses known as “rustici” to anyone prepared to renovate them for 1 franc. Last week, the scheme ended without anyone taking up the offer. © Adriana Stampfl | Dreamstime.comThe scheme was inspired by similar schemes in Italy. However the Swiss offer ran into challenges. Some were practical and others administrative. While some rustici are supplied with water, there is no electricity and gas and they are located far from roads and public transport. Getting there requires 45 minutes of walking. The final nail in the coffin was a recent decision by the Federal Office for Spatial Development (ARE) to not allow the houses to be rebuilt. Thomas Kappeler, head of ARE told the newspaper Blick that they saw the bad state of

Topics:
Investec considers the following as important: ,

This could be interesting, too:

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

Investec writes Health care cost brake initiative to go to a vote

In 2019, the village of Gambarogno in Ticino offered abandoned houses known as “rustici” to anyone prepared to renovate them for 1 franc. Last week, the scheme ended without anyone taking up the offer.

© Adriana Stampfl | Dreamstime.com

The scheme was inspired by similar schemes in Italy. However the Swiss offer ran into challenges. Some were practical and others administrative.

While some rustici are supplied with water, there is no electricity and gas and they are located far from roads and public transport. Getting there requires 45 minutes of walking.

The final nail in the coffin was a recent decision by the Federal Office for Spatial Development (ARE) to not allow the houses to be rebuilt. Thomas Kappeler, head of ARE told the newspaper Blick that they saw the bad state of the buildings on the satellite images and decided against approving the plan. The project has been blocked on spatial planning grounds rather than withholding building permission.

Plans to rebuild the village have been around since 1970. But funding has never been found to finance the work.

The possibility of challenging the ARE decision at the Federal Tribunal remains. But the paperwork and costs are likely to rise significantly before they can ever be put on the market again for 1 franc.

More on this:
Blick article (in French) – Take a 5 minute French test now

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 *