© Bogdan Lazar | Dreamstime.com The pandemic had a significant impact on Swiss real estate prices in 2020, according to industry experts. Contrary to initial fears that property prices would fall, prices have risen over the period. Over the year, the offer prices of stand alone houses rose by 5.6% while apartment prices jumped by 5.5% across Switzerland as a whole, according to the Swiss Real Estate Offer Index compiled by ImmoScout24. 2020 has shown once more that...
Read More »Swiss rents and property prices up in 2020 due to pandemic
The pandemic had a significant impact on Swiss real estate prices in 2020, according to industry experts. © Bogdan Lazar | Dreamstime.comContrary to initial fears that property prices would fall, prices have risen over the period. Over the year, the offer prices of stand alone houses rose by 5.6% while apartment prices jumped by 5.5% across Switzerland as a whole, according to the Swiss Real Estate Offer Index compiled by ImmoScout24. 2020 has shown once more that safe assets rise in...
Read More »Immigration slowdown hits Swiss rents
In 1999, Switzerland signed a deal with the EU allowing free movement of people between Switzerland and the bloc. The deal came into force in 2002. This led to a rise in immigration into Switzerland, which in turn eventually led to rising rents. © Andreaciox | Dreamstime.com However, since 2014 there has been a marked slowdown in EU immigration into Switzerland. In addition, a lot of rental homes have been built. The overall supply of rental properties now exceeds...
Read More »Immigration slowdown hits Swiss rents
In 1999, Switzerland signed a deal with the EU allowing free movement of people between Switzerland and the bloc. The deal came into force in 2002. This led to a rise in immigration into Switzerland, which in turn eventually led to rising rents. © Andreaciox | Dreamstime.comHowever, since 2014 there has been a marked slowdown in EU immigration into Switzerland. In addition, a lot of rental homes have been built. The overall supply of rental properties now exceeds demand. A report...
Read More »Switzerland’s home ownership illusion
© Tomasz Markowski | Dreamstime - Click to enlarge When 10-year mortgage interest rates fall to 1%, home ownership becomes a very attractive alternative to renting. A recent report on home ownership shows why home ownership remains out of reach of the average Swiss household despite very low interest rates. The report, by Credit Suisse, says that despite the strong desire for people to own their own home, fewer and...
Read More »Switzerland’s home ownership illusion
© Tomasz Markowski | Dreamstime - Click to enlarge When 10-year mortgage interest rates fall to 1%, home ownership becomes a very attractive alternative to renting. A recent report on home ownership shows why home ownership remains out of reach of the average Swiss household despite very low interest rates. The report, by Credit Suisse, says that despite the strong desire for people to own their own home, fewer and...
Read More »Switzerland’s home ownership illusion
When 10-year mortgage interest rates fall to 1%, home ownership becomes a very attractive alternative to renting. A recent report on home ownership shows why home ownership remains out of reach of the average Swiss household despite very low interest rates. © Tomasz Markowski | Dreamstime The report, by Credit Suisse, says that despite the strong desire for people to own their own home, fewer and fewer households are able to afford them as the years go by. The reason is twofold. Prices are...
Read More »Switzerland’s home ownership illusion
When 10-year mortgage interest rates fall to 1%, home ownership becomes a very attractive alternative to renting. A recent report on home ownership shows why home ownership remains out of reach of the average Swiss household despite very low interest rates. © Tomasz Markowski | Dreamstime The report, by Credit Suisse, says that despite the strong desire for people to own their own home, fewer and fewer households are able to afford them as the years go by. The reason is twofold. Prices are...
Read More »Switzerland’s most expensive apartments in Zurich, Maloja and Lavaux
Lavaux – © Annanahabed | Dreamstime According to data from comparis.ch, Switzerland’s most expensive apartments are found in Zurich, Maloja – home to Saint-Moritz, and Lavaux-Oron. One square metre will cost you CHF 12,250 (US$ 13,000) in Zurich, CHF 11,500 in Maloja and CHF 11,250 in Lavaux-Oron. Lavaux-Oron contains posh parts of Greater Lausanne, such as Lutry, and the UNESCO-listed wine terraces of Lavaux on the...
Read More »Switzerland’s most expensive apartments in Zurich, Maloja and Lavaux
According to data from comparis.ch, Switzerland’s most expensive apartments are found in Zurich, Maloja – home to Saint-Moritz, and Lavaux-Oron. Lavaux – © Annanahabed | Dreamstime One square metre will cost you CHF 12,250 (US$ 13,000) in Zurich, CHF 11,500 in Maloja and CHF 11,250 in Lavaux-Oron. Lavaux-Oron contains posh parts of Greater Lausanne, such as Lutry, and the UNESCO-listed wine terraces of Lavaux on the shore of Lake Geneva. Lausanne, where one square metre costs over CHF 9,500,...
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