Reviews about Swiss real estate agencies and developers

In Switzerland, expats and residence permit holders face certain restrictions when choosing real estate: foreigners can only buy holiday apartments, while category B residence permit holders can only buy their own properties. A mortgage can be obtained provided that housing costs do not exceed one-third of income, and the loan-to-value ratio does not exceed 80%.

The purchase process includes choosing a property, legal verification of documents, making a deposit, signing the main contract and paying taxes. The cost of real estate depends on the condition of the property and its location. For a successful purchase, it is important to carefully study the market and get professional advice. Check out the developers' projects, read reviews and compare the terms of agencies.

Factors for Choosing Real Estate in Switzerland

One of the key factors when choosing real estate in Switzerland is the stability of the market and the high level of legal protection. Switzerland is known for its stable economic position and strict legislation.

Regulation of the Real Estate Market for Foreigners in Switzerland

Foreigners are not allowed to freely purchase residential real estate in Switzerland due to strict market regulations. Individuals with a B residence permit are only allowed to buy their own properties, while C permit holders have rights similar to those of Swiss citizens. Without a residence permit, it is only possible to buy properties intended for vacation purposes.

Financial Capacity Verification

If you are eligible to purchase property, the next step is to verify your financial capacity at the bank. The financial institution will assess your ability to repay the loan based on the property's value. It is important to consider financial affordability: your housing expenses should not exceed one-third of your total income. When calculating the loan, imputed interest rates are applied, which ensures long-term solvency even if rates increase. However, the maximum loan-to-value ratio is 80%, meaning you must have at least 20% of your own funds.

How to Choose a Developer in Switzerland

• Familiarize yourself with the company’s projects by reviewing their completed properties.
• Clarify the deadlines for delivery and the main terms of the contract.
• Study the opinions of previous clients to learn about the company’s reputation.

How to Choose a Real Estate Agency in Switzerland

• Find out which regions the agency operates in and the types of properties they specialize in.
• Compare commissions and cooperation terms.
• Talk to agents to verify their experience and professionalism.
• Read reviews about the company you plan to work with.

The Property Buying Process in Switzerland

1. Choosing the Property: You can contact both real estate agencies and developers.
2. Legal Check: All property documents must be thoroughly verified.
3. Deposit: After signing a preliminary contract, an advance payment (usually around 10%) is made.
4. Main Contract: The contract is signed in front of a notary, after which the property is registered in the land registry.
5. Taxes: There are various taxes when buying property in Switzerland, including a property transfer tax, which varies by region, and a stamp duty.

Average Property Prices in Different Regions of Switzerland

Zurich
Average cost per square meter: $16,700 - $24,000
Average monthly rent for a one-bedroom apartment: $2,000 - $2,500

Geneva
Average cost per square meter: $14,800 - $18,250
Average monthly rent for a one-bedroom apartment: $1,800 - $2,200

Bern
Average cost per square meter: $11,600 - $13,250
Average monthly rent for a one-bedroom apartment: $1,000 - $1,400

Buying property in Switzerland can be a profitable step if you approach the selection of a real estate agency and construction company with caution. Study reviews, compare terms, ask all necessary questions, and make a well-informed decision. This will help reduce the risk of problems and financial losses in the future. We hope this information helps you make the right choice.