An increasingly expensive Switzerland
Switzerland has always been consecrated as a neutral but also very expensive country. Let's say for a few, considering the actually high cost of living, but well calibrated on the basis of the excellent services offered. But in a situation of general chaos, Switzerland appears to be more than stable. So much so that, instead of decreasing the prices of their properties, it increases them. We have already seen how, during 2020, there were considerable problems, as regards the ability of the various economies to remain active and above all afloat on the market. Well, it seems that Switzerland has not had any of these problems. This is why we at Realigro have decided to analyze the situation that characterizes this reality. So if you're ready, we can get started!
According to statistics, Switzerland is one of the countries that has experienced the highest growth in terms of real estate market prices. An increase of 60% compared to 2019. An increase that seems to want to continue in the coming months. Although the double-digit increases mainly concern 76 cities. Which means only 4% of the total. But that is not all. Although this percentage seems so small, it is worth noting the real leap recorded in the main centers of the country.
Like that of Geneva, Zurich, Basel, Lausanne and Zug. It is therefore not surprising how the increase was recorded in the most exclusive basic realities, unlike the central area of the country, which is less expensive. Let's see the prices in detail. According to reports from the International Bank, the average price is 15,000 francs. But the first place went to Gstaad, a fraction of the municipality of Saanen, with its 19,800 francs. As for the type of dwelling, interest in typically mountain houses is growing.
Which therefore fully evoke the Swiss tradition. In this case, the Laax / Films area, Zermatt and Verbier, Engelberg and Andermatt stood out. The only unexpected exception was that relating to the Ticino area which instead recorded a collapse in prices. Again as reported by the same report. In general, regardless of the dynamics relating to the increase or decrease in prices, Switzerland remains a very popular destination for many who wish to relocate. Despite this, the prices relative to the cost of living impose a sort of natural barrier for those who do not have the adequate financial resources to be able to afford a more than comfortable lifestyle. It is not known whether, with the new year, the situation will improve or worsen for potential investors. Much will also depend on the health emergency and on how Switzerland tries to cope with it.
In fact, we recall that despite being an extremely rich country, Switzerland has nevertheless witnessed the collapse of hospital structures. Due to lack of beds due to the Covid-19 pandemic. But if you want to know more, we recommend that you stay tuned to our portal. Every day you will find the latest news on international real estate!
According to statistics, Switzerland is one of the countries that has experienced the highest growth in terms of real estate market prices. An increase of 60% compared to 2019. An increase that seems to want to continue in the coming months. Although the double-digit increases mainly concern 76 cities. Which means only 4% of the total. But that is not all. Although this percentage seems so small, it is worth noting the real leap recorded in the main centers of the country.
Like that of Geneva, Zurich, Basel, Lausanne and Zug. It is therefore not surprising how the increase was recorded in the most exclusive basic realities, unlike the central area of the country, which is less expensive. Let's see the prices in detail. According to reports from the International Bank, the average price is 15,000 francs. But the first place went to Gstaad, a fraction of the municipality of Saanen, with its 19,800 francs. As for the type of dwelling, interest in typically mountain houses is growing.
Which therefore fully evoke the Swiss tradition. In this case, the Laax / Films area, Zermatt and Verbier, Engelberg and Andermatt stood out. The only unexpected exception was that relating to the Ticino area which instead recorded a collapse in prices. Again as reported by the same report. In general, regardless of the dynamics relating to the increase or decrease in prices, Switzerland remains a very popular destination for many who wish to relocate. Despite this, the prices relative to the cost of living impose a sort of natural barrier for those who do not have the adequate financial resources to be able to afford a more than comfortable lifestyle. It is not known whether, with the new year, the situation will improve or worsen for potential investors. Much will also depend on the health emergency and on how Switzerland tries to cope with it.
In fact, we recall that despite being an extremely rich country, Switzerland has nevertheless witnessed the collapse of hospital structures. Due to lack of beds due to the Covid-19 pandemic. But if you want to know more, we recommend that you stay tuned to our portal. Every day you will find the latest news on international real estate!
