Monday, May 6, 2024

Swiss real estate property investment

Switzerland is undoubtedly one of the most attractive countries in the world to live. An ideal combination of political and economic stability, a clean and safe environment and relatively low tax rates make it the ultimate place of residence.

The property market is trusted and has been known for its stable profitable growth over the years. Acquisition of residential real estate by foreigners not resident in Switzerland must obtain a prior approval from authorities.  All foreigners who hold a swiss residence permit, it is possible to acquire real estate for their own personal use.  There are no restrictions regarding the acquisition of purely commercial real estate by foreigner or foreign entities. As a result, there are again interesting tax planning options for foreigners and foreign entities wishing to invest in Swiss commercial real estate.

According to global property guide,  In Switzerland, the median asking price for owner-occupied apartments was CHF 6,800 (€6,324) per square metre (sq. m.) in Q2 2016, according to Wüest and Partner. Over the same period, the median asking price for single-family homes was CHF 1.19 million (€1.11 million).

Geneva had the most expensive owner-occupied apartments while Zurich had the highest prices for single-family homes during Q2 2016. In 2015, there were more than 2 million foreign nationals residing permanently in Switzerland – representing a quarter of the country’s 8.2 million population. Geneva has the highest number of foreigners at 41%, followed by the cantons of Basel City (35%), and Vaud (34%).

For owner-occupied apartments:

  • In Geneva, the median asking price was CHF 11,710 (€10,891) per sq. m.
  • In Zurich, the median asking price was CHF 11,260 (€10,472) per sq. m.
  • In Lausanne, the median asking price was CHF 9,090  (€8,454) per sq. m.
  • In Basel, the median asking price was CHF 8,210 (€7,635) per sq. m.
  • In Berne, the median asking price was CHF 6,700 (€6,231) per sq. m.

For single-family homes:

  • In Zurich, the median asking price was CHF 1.62 million (€1.51 million)
  • In Geneva, the median asking price was CHF 1.44 million (€1.34 million)
  • In Lausanne, the median asking price was CHF 1.2 million (€1.12 million)
  • In Basel, the median asking price was CHF 1.18 million (€1.1 million)
  • In Berne, the median asking price was CHF 1.11 million (€1.03 million)

We sell the following exclusive real estate properties in Switzerland for high net worth clients.

1. Andermatt Swiss Alps

Situated on a beautiful plateau in the Swiss mountains, 1,400m above sea level, Andermatt Swiss Alps (ASA) is the only place in Switzerland where foreigners can buy any property without any restrictions. ASA is a new, high-end, comprehensive and self-sustainable year-round Alpine resort village that encompasses 1.4 million square meters of land.

Andermatt resort

The ASA master plan offers nearly 500 new apartments, 25 private villas, and six 4- and 5-star hotels with a capacity of more than 800 rooms. The greatly anticipated opening of The Chedi Andermatt took place in December 2013.

andermatt swiss real estate

Aside from skiing, the destination will have a professional 18-hole golf course, a sports center with an all-season leisure pool, and a commercial center for business and shopping.

  • The Chedi Andermatt, Penthouses/Lofts, starting from CHF 2,380,000
  • Apartments in Steinadler & Hirsch (expected completion date summer 2014) 1, 2, 3 and 4 bedroom apartments starting from CHF 1,180,00
  • Apartments in House Gemse (expected completion winter 2014) 1, 2, 3 and 4 bedroom apartments starting from CHF 1,120,000
  • Apartments in house Biber (expected completion winter 2015) 2% net on the purchase price for 5 years, starting from CHF 613,000
  • Gotthard Residences (expected completion winter 2016) 2% net on the purchase price for 5 years, starting from CHF 612,000

2. Du Parc Kempinski Hotel Residences

Only one hour’s drive from Geneva and situated above the idyllic shores of Lake Geneva, Du Parc Kempinski Private Residences offer owners a truly exceptional lifestyle as the first fully-serviced residences in Switzerland.

Prices start from CHF 6 million onwards subject to availability.

duparc kempinski

Once a historic hotel, Du Parc has been carefully restored, renovated and converted into 24 luxurious residences – including a penthouse triplex – that epitomize ‘l’art de vivre’, and bring unprecedented international standards of living to Switzerland.

duparc kempinski hotel

Renowned hotelier Kempinski provides each home with a complete range of 5-star services, whilst the property boasts a 626 m² private spa and wellness centre and a Davidoff Cigar Lounge.

3. Flims Laax, The Mountain Suites

Flims Laax is one of Switzerland’s top tourist resorts, located only 1.5 hours from Zurich Airport. With 220 km’s of pistes stretching across more than 100 km2 of snow-covered slopes, the ski region of the Flims, Laax and Falera resorts makes up one of Switzerland’s largest interconnected winter sports regions.

Films laxx apartmentsThere are various two, three and four bedroom apartments available, starting from CHF 2,200,000. We also have two fully furnished apartments from 230 m2 and 250 m2 are ready to move in to.

  • The ski bus stops in front of the apartments; and you can ski right to the front door
  • Each apartment has its own cellar and two parking spaces in the garage
  • The resort facilities are available to all residents, including exclusive spa and wellness areas, concierge services, an indoor and outdoor pool, tennis courts, restaurants and many more facilities

Swiss penthouses

Prabhu Balakrishnan
Prabhu Balakrishnan
Founder of Citizenship by Investment Journal. Chief Editor with over 15 years experience in PR and News publishing. He Loves writing about citizenship, residency and wealth migration. CIP Journal is a Leading publication founded in 2017 bringing latest news from CBI/RBI market.

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