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Swiss Housing Market Gradually Stabilizes

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...after three years due to government-imposed cooling measures.

According to the National Bank of Switzerland (SNB), the average price of apartments in private ownership in the country increased by 0.4% during 2020, after a decline of 1.2% in 2019, 1.7% in 2018 and 1% in 2017. In the last quarter, housing prices rose by 1.1% compared to the previous year, according to the portal Global Property Guide.

On Lake Geneva, the average transaction price for private apartments rose 2.1% in 2020 after falling 0.1% in 2019 and 1.4% in 2018. In Zurich, there was a slight decline in prices of 0.7% after falling by 0.5% and 0.8% in the previous two years. In Southern Switzerland, apartments rose by 0.3%, in Central Switzerland prices fell by 1.1%, in the East - increased by 0.4%, in the North-West - by 2.4%. But in the Central and Western regions, they slightly decreased – by 1.1% and 0.4%, respectively. Apartment prices in Bern increased by 1.3% in 2020.

Also read: Maintaining a Property in Switzerland

Reasons, Problems and Economy

According to real estate experts Wüest and Partner, the improvement in housing market conditions was due to higher demand, supported by very low interest rates, strong wage growth, combined with limited supply.

However, low rental yields continue to deter foreign buyers. According to Wüest and Partner, in the fourth quarter of 2020, the return on rental housing was only 1.4-1.9%, compared with 1.7-2.3% two years ago. This is confirmed by a study by the Global Property Guide, according to which the yield on rental apartments in Geneva is 2.8-3.3%, in Zurich – an average of 3.27%.

The Swiss economy is projected to grow by 3% this year and another 3.3% in 2022 as production recovers from the pandemic, according to the State Secretariat for Economic Relations (SECO).

So, what is available on the Swiss market right now?
Apartment for 2 931 750 euro in Ticino, Switzerland
2 931 750 €
Apartment in Ticino, Switzerland
151 sq.m 4 3 2
Luxury 4.5 room apartments in a complex on the first line of Lake Lugano in the town of Morcote, which is called the "pearl of Lake Lugano". The price is 2,931,750 CHF or 2,345,400 euro. The complex is located on a hillside with stunning panoramic views of the lake, the surrounding mountains and the town of Morcote itself. It consists of 2...
SIMA Immobilien GmbH
Villa for 4 435 628 euro in Ticino, Switzerland
4 435 628 €
Villa in Ticino, Switzerland
255 sq.m 6
A new villa in a residence in the town of Porza with an amazing panorama of the lake and the Gulf of Lugano. The residence consists of two 3-storey villas connected by a staircase. Each villa is located on two levels + basements. There is a swimming pool in common use. A large garden, a terrace and a swimming pool with a solarium make this...
SIMA Immobilien GmbH
Villa in Ticino, Switzerland (price on request)
Price on request
Villa in Ticino, Switzerland
260 sq.m 4
Magnificent villa overlooking the lake in a picturesque place Vico Morcote. The building was restored by a famous architect in the style of Modern High tech and is maintained in excellent condition. The finishing is made of high-quality materials, large panoramic windows make the house spacious and bright. The house has 4 bedrooms, 2...
SIMA Immobilien GmbH
Villa for 3 258 829 euro in Ticino, Switzerland
3 258 829 €
Villa in Ticino, Switzerland
455 sq.m 5
Villa in Comano, Lugano. Located in a quiet and sunny location overlooking the lake. The price is 3,600,000 CHF or 2,880,000 euros. The building is three-level and consists of 5 rooms. On the ground floor there is a basement and a garage On the 1st floor: hall, large living room, dining room, modern kitchen equipped with appliances and...
SIMA Immobilien GmbH
Apartment for 2 867 500 euro in Ticino, Switzerland
2 867 500 €
Apartment in Ticino, Switzerland
144 sq.m 2
Exclusive apartments in a historic building in the very center of Lugano!!! This house, which is a monument of cultural heritage, was built in 1934 by the famous architect Augusto Guidini. A few years ago, a complete renovation of the building was carried out. Price 2,294,000 euros ORCHF. The house is a gem of architectural heritage, while...
SIMA Immobilien GmbH
Penthouse for 10 908 800 euro in Ticino, Switzerland
10 908 800 €
Penthouse in Ticino, Switzerland
326 sq.m
Exclusive apartments in a historic building in the very center of Lugano!!! This house, which is a monument of cultural heritage, was built in 1934 by the famous architect Augusto Guidini. A few years ago, a complete renovation of the building was carried out. The price is 13,636,000 CHF or 10,908,800 euros. The house is a gem of...
SIMA Immobilien GmbH
Chalet for 4 116 000 euro in Bern, Switzerland
4 116 000 €
Chalet in Bern, Switzerland
200 sq.m
A traditional-style chalet in the Grindelwald ski resort. The cost is CHF 4,450,000. A spacious chalet under construction on a sunny slope in the Alps in a popular resort. The ideal location of the chalet provides a lot of sun and warmth, and the terrace and balcony offer a unique view of the fantastic mountains. At the same time, the...
SIMA Immobilien GmbH
Apartment for 1 438 815 euro in Ticino, Switzerland
1 438 815 €
Apartment in Ticino, Switzerland
144 sq.m 3 2 1
Stylish 3 bedroom apartment in a new residence of two buildings in Massagno. The cost of the apartment is CHF The new residential complex consists of two buildings, which consist of 9 offices on the ground floor and 43 apartments. A beautiful green garden will be located between the two buildings. Massagno is a residential area near the...
SIMA Immobilien GmbH
Apartment for 705 000 euro in Vaud, Switzerland
705 000 €
Apartment in Vaud, Switzerland
95 sq.m 3 2
Modern Luxury apartments in a new prestigious residential complex in La Tour-de-Peilz. The new residence is located just a 5-minute drive from the center of the tourist town of Montreux. This amazing complex has an excellent location. The windows offer excellent views of Lake Geneva and the Alps. The entire infrastructure is available. There...
SIMA Immobilien GmbH
Villa in Montreux, Switzerland (price on request)
Price on request
Villa in Montreux, Switzerland
200 sq.m 6 3 2
Credit
Beautiful 3 bedroom house in Montreux 3 bedrooms, 2 bathrooms Big living room Kitchen is open to dining and living room Nice terrace and the garden
Victoria Gaillard sarl
Villa in Ticino, Switzerland (price on request)
Price on request
Villa in Ticino, Switzerland
270 sq.m
Spacious villa with amazing views of Lake Lago Maggiore in Brione sopra Minusio. The beautiful villa is located on a large hill, offering an incredibly beautiful panoramic view of the lake and the surrounding mountains. The villa has a dominant position in a sunny and peaceful area. The three-storey villa was built in 2013. It offers cozy...
SIMA Immobilien GmbH
Apartment for 1 690 000 euro in Ticino, Switzerland
1 690 000 €
Apartment in Ticino, Switzerland
140 sq.m 3 2 2
Cozy spacious 3.5 room apartment in the center of Lugano. The price of the apartment is CHF 1,960,000. Beautiful apartments with a private garden are located in the heart of the city, just 800 meters from the lake. Within walking distance there is all the necessary infrastructure: post office, banks, public transport stops, shops, boutiques,...
SIMA Immobilien GmbH
Villa in Ticino, Switzerland (price on request)
Price on request
Villa in Ticino, Switzerland
450 sq.m 4
A beautiful villa, made in a modern style, is located on a hill. From the windows of the villa, as well as from the terraces, there is a delightful view of the lake, hills and the city! The villa is designed by a famous architect using elements of stone, wood and metal. Near the villa there is a beautiful garden, an outdoor swimming pool and a...
SIMA Immobilien GmbH
Flat for 3 500 000 euro in Sankt-Moritz, Switzerland
3 500 000 €
Flat in Sankt-Moritz, Switzerland
140 sq.m 5 3 2
Fully renovated apartment in St. Moritz. Beautiful, bright apartments are located just 300 meters from the center of the village of St. Moritz in a renovated 4-storey building. Layout: - 3 bedrooms (one with dressing room) - 2 bathrooms - Toilet (with washing machine and dryer) - Living room - Dining room - Kitchen Engadine-St....
Estate-Service24
Apartment for 1 775 000 euro in Lugano, Switzerland
1 775 000 €
Apartment in Lugano, Switzerland
156 sq.m 3 2 2
Beautiful 3.5 room apartment in Lugano with stunning lake views. We offer for sale bright modern apartments in a residential area within walking distance from the city center. Nearby there is all the necessary infrastructure: cafes and restaurants, shops, banks, pharmacies, public transport stops. The apartment offers panoramic views of the...
SIMA Immobilien GmbH
Villa for 7 695 000 euro in Lugano, Switzerland
7 695 000 €
Villa in Lugano, Switzerland
525 sq.m 10 6 6
Rif.706 LUGANO hill side VILLA 525 m2 GARDEN 1950 m2 Indoor pool Cinema Russian sauna The villa of 1978 construction has been completely renovated with the usage of valuable and high quality materials. The house was restored according to new trends, but the original appearance of the building was preserved. The house area is 525...
Il Globo Real Estate Lake Como
Villa for 7 150 000 euro in Lugano, Switzerland
7 150 000 €
Villa in Lugano, Switzerland
660 sq.m 14 8 5
Rif.926 BIOGGIO in Switzerland Villa of 660 m2 Land 1440 m2 8 double bedrooms 5 bathrooms Large laundry room Local wines Heated swimming pool Recent construction - 2018 High quality finishes Carrara marble Isolations Air-to-water heat pumps Solar panels Internal lift Garage for 2 cars + outdoor space for 2/3 more...
Il Globo Real Estate Lake Como
Apartment for 570 000 euro in Montagnola, Switzerland
570 000 €
Apartment in Montagnola, Switzerland
43 sq.m 1
Studio with terrace and garden in Lugano The studio apartment is located in the Montagnola area, located on the first floor of the residence. All necessary infrastructure nearby: shops, cafes, restaurants. Detailed modern interiors and high ceilings provide maximum space and plenty of sunlight. The windows and the terrace offer panoramic...
Alisa Estejt
Apartment for 1 757 000 euro in Andermatt, Switzerland
1 757 000 €
Apartment in Andermatt, Switzerland
95 sq.m 2 2
The complex, located in the heart of Andermatt, is a luxurious collection of fourteen residences and four penthouses. Here, the iconic Italian design is combined with the lively Piazza, set against the mesmerizing backdrop of the Swiss Alps. The windows offer incredible views of the mountain slopes. The complex has a gym and a spa complex.
NF Group
Chalet for 15 000 000 euro in Arosa, Switzerland
15 000 000 €
Chalet in Arosa, Switzerland
370 sq.m 8 5 6
A chalet in the Swiss Alps is comfort, prestige and a reliable investment. The area is about 370 sq.m. Bedrooms - 5 Bathrooms - 6 The chalet occupies three heated levels and offers the highest level of comfort and elegance. The location of the chalet on the south side offers spectacular views of the surrounding mountain landscape. In...
Estate-Service24

 

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