Lausanne is the second largest city on the shores of Lake Geneva
Modern Switzerland is one of the most economically stable countries not only in Europe but also in the world. In addition to a reliable economy, this country also has a favorable tax system, and it does not hinder the desire to start your own business related to the country's real estate. The other advantages of buying Swiss real estate are obvious – a favorable climate, excellent ecological condition, stunningly beautiful mountain landscapes, and the purest lakes.
The world-famous crisis could not affect the stable real estate market of Switzerland in any way. The clearly ordered banking system of the country served as a shield that protected the state from economic decline. The fact is that the mortgage policy of the country's banks had a fairly low interest rate of about 1.9%, with a down payment of 20%. Banks had no real estate left at foreclosure auctions, and owners could strictly pay off their mortgages.
Prices for real estate in Switzerland have noticeably decreased over the past 15 years, so they have become widely popular among our compatriots as well. Now let us consider one of the most important questions. What are the prices for real estate in Switzerland today?
In Switzerland, as in most modern countries, prices are set by region or by city district. For example, in the center of Lausanne, a square meter of housing will cost 7,500 Swiss francs. Real estate in mountain resorts, of which there are many in this country, is not cheap at all. For example, in Le Chable the price per square meter is 4,500 francs, and in the famous resort of Verbier it reaches 18,000 francs. But the prestige and beauty of this place are worth it!
Suburban areas, for example, Zurich, Bern, Montreux, and Geneva have a price that can reach $5,000 per square meter. Almost the same price applies in places located in the foothills of the Alps or on the shores of lakes. As mentioned earlier, very wealthy and famous citizens of Switzerland and other countries live there.
From all of the above, we can make a bold conclusion that buying real estate in Switzerland is a profitable investment. The real estate market in Switzerland has occupied a prestigious leading position among other countries for many years. You will find everything, from cozy inexpensive apartments to comfortable luxury real estate. And this, recall, is always a reliable object for capital investment!
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