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Frequently asked questions about real estate in Switzerland
What are the average prices for real estate in Switzerland?
The cost of homes for sale in Switzerland depends on its location. In large cities (Basel and Geneva) sq. meter is estimated at 10-12 thousand euros. In small cantons, the Swiss real estate price is set at 7-8 thousand euros per square meter.
Can foreign citizens buy real estate in Switzerland?
The purchase of real estate without restrictions is available only to foreigners with a Swiss residence permit. To purchase real estate in Switzerland, other foreign citizens must obtain permission from government agencies. It is important to take into account that in a number of cantons sales to foreigners are prohibited, in others it is allowed, but only for recreational facilities.
What is the average annual cost of maintaining Swiss housing?
Every year the owner of aproperty with a square area of 100 meters pays an average of 6,000 euros for its maintenance. This amount includes utility costs and several taxes (income, housing, television, wealth, capital gains).
Is it possible to buy real estate in Switzerland without personal presence?
Yes, such transactions are permitted by local law. They can be carried out through a trusted person or a real estate company.