Tag Archives: Property

© Ppvector | Dreamstime.com Recent figures show an annual 4.2% rise in the number of vacant homes in Switzerland, extending a trend that started 10 years ago, according to the Federal Statistical Office. At the start of June 2019, there were 75,323 vacant homes, representing 1.66% of Switzerland’s total stock of homes. However, high vacancy rates in some regions masked low ones in others. While cantons such as Solothurn (3.40%), Thurgau (2.65%), Jura (2.59%), Aargau...

Recent figures show an annual 4.2% rise in the number of vacant homes in Switzerland, extending a trend that started 10 years ago, according to the Federal Statistical Office. © Ppvector | Dreamstime.comAt the start of June 2019, there were 75,323 vacant homes, representing 1.66% of Switzerland’s total stock of homes. However, high vacancy rates in some regions masked low ones in others. While cantons such as Solothurn (3.40%), Thurgau (2.65%), Jura (2.59%), Aargau (2.59%),...

Swiss banks have agreed to tighten lending conditions for investment properties following concerns by the Swiss Bankers Association (SBA), a self-regulatory body. © Alexandre Zveiger | Dreamstime.comThe SBA, which represents most of Switzerland’s banks, has issued new lending guidelines requiring lending deposits of at least 25% of the assessed value of the property for residential investment properties. In addition, minimum annual loan repayments must reduce loans by one third over the...

© Sabine Katzenberger | Dreamstime.com Comparing 2018 to 2012, thefts in Switzerland fell by nearly half, according to the Federal Statistical Office. In 2012, there were a record 219,000 thefts recorded in Switzerland. By 2018, the figure had fallen to 112,000, a drop of 49%. Over the same period, all categories of theft with the exception of fraud were down. Car theft (-13%), bike theft (-20%), break-ins (-51%) and...

Comparing 2018 to 2012, thefts in Switzerland fell by nearly half, according to the Federal Statistical Office. © Sabine Katzenberger | Dreamstime.com In 2012, there were a record 219,000 thefts recorded in Switzerland. By 2018, the figure had fallen to 112,000, a drop of 49%. Over the same period, all categories of theft with the exception of fraud were down. Car theft (-13%), bike theft (-20%), break-ins (-51%) and vandalism (-21%) were all down. Only fraud rose (+90%). In addition, the...

© Sergey Novikov | Dreamstime.com Recently published data show that close to 60% of households in Switzerland rented their home at an average cost of CHF 1,329 per month in 2017. Average monthly rents ranged from CHF 752 for a studio up to CHF 2,323 for 6 rooms or more. The average household size in Switzerland was 2.23 people in 2017. 35% lived alone and a further 33% were two people. Only 19% were comprised of four...

Recently published data show that close to 60% of households in Switzerland rented their home at an average cost of CHF 1,329 per month in 2017. © Sergey Novikov | Dreamstime.com Average monthly rents ranged from CHF 752 for a studio up to CHF 2,323 for 6 rooms or more. The average household size in Switzerland was 2.23 people in 2017. 35% lived alone and a further 33% were two people. Only 19% were comprised of four people or more. The highest average monthly rent was in the canton of Zug...

Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remained at 1.50%. ©-Sergei-Razvodovskij-_-Dreamstime.com_ - Click to enlarge The last time it dropped was 2 June 2017 when it fell to 1.5%, its lowest level since 2008. The rate is based on the average Swiss mortgage rate over three months. This rate is...

Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remained at 1.50%. © Sergei Razvodovskij | Dreamstime.com The last time it dropped was 2 June 2017 when it fell to 1.5%, its lowest level since 2008. The rate is based on the average Swiss mortgage rate over three months. This rate is then rounded to the nearest 0.25%. On 30 September 2018 that rate was 1.47%, which rounds to...

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. The municipality of Horw_© Laurentiu Iordache _...