Where To Start If Interested In Switzerland Real Estate
Buying an overseas property involves a lot of pre-planning as with any real estate deal
. Switzerland real estate is no different and this nation has always been associated with providing a great investment opportunity to many. The country is one of the most accessible countries in Europe with a number of road links, high-speed trains, and
European airlines operating in the area. Not to forget the stunning mountain scenery provided by the Alps, and good food. Switzerland is also relatively pollution free and with natural water supplies, it has become one of the most popular holiday destinations all the year round. Tourists from across the world, flock to the nation in search of the perfect skiing holiday.
All these factors present an atmosphere conducive to a flourishing real estate market. Switzerland real estate presents investors with the chance to earn through rentals all year round. This is understandable considering the fact that there is a great demand for accommodation throughout the year. Rentals bring in short-term as well long-term gains to investors. Moreover, tax breaks are something synonymous with Switzerland, which is even more reason to invest in real estate. A stronger Euro as against the Swiss Franc also makes investing in Switzerland real estate a viable proposition.
Swiss alpine properties are hot real estate investments today. Currently, bank interest rates are low, and saving money in banks doesn't seem to be an attractive proposition. Switzerland, on the other hand, has a flourishing economy, which makes investing in real estate the ideal option. Alpine properties are set amidst the stunning mountain scenery of Switzerland. It is the favourite location for plenty of tourists on their dream vacation. Crime rates are also low in the country, making it a safe place to be in. In fact, recent studies indicate that Switzerland is the 2nd most popular country to live in.
Swiss law allows foreigners to buy land in the country. So investing in an Alpine property has become easier. Renting out to holidaymakers will always bring in tidy sums, and it is not only the skiing public, the country also attracts visitors to its spas, golf courses, and marinas. Apart from that, Switzerland real estate includes hotels, lodges, apartments, and ski chalets. Moreover, with over 300 weekly flights between Great Britain and Geneva, conducting business is much easier today.
Villars is a good location to invest in due to its proximity to Geneva's international airport. The skiing public also prefer to stay in this area. Land prices in the ski resort of Villars are around 1,300 Swiss Francs per square metre. Chalets and apartments are also available in the region with prices having doubled in the last couple of years. Verbier is another area that makes a good investment. The ski resort has seen prices rise sharply to around 25,000 Swiss Francs per square metre. Vaud and Valais are also hot properties today. Switzerland offers a range of opportunities to investors who look for value for money especially during the tougher economic climate.
by: Lawrence White
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