The decision to buy or rent is crucial, as it has many financial and tax implications that will determine your future lifestyle.
In Switzerland, economic and political stability, a strong Swiss franc, moderate inflation, and low unemployment creates a favourable climate for investment. However, only 36% of the population own a home.
The Swiss property market is resilient despite global fluctuations, and prices have risen steadily for over 10 years. Despite the rise in interest rates in 2022, prices have risen by +7% for houses and +5% for owner-occupied flats. In 2023, prices have risen again. Forecasts for 2024 indicate stable or increasing prices despite an expected fall in interest rates.
Buying a property is a significant commitment that often ties you down to debt, and taking the plunge can seem daunting.
Let's explore all the aspects of this decision together, looking at the advantages and opportunities that buying a property has to offer: