SELECTING PROPERTY TO BUY OR RENT IN SWITZERLAND

The best choice when buying or renting real estate in Switzerland is a real estate agency.

Rent housing in Switzerland

Housing in Switzerland is quite expensive, but the demand for it is still not falling. The demand for Switzerland as a place of residence does not fall, because it is an indicator of quality and life in high abundance. Specialists recommend renting housing through an active real estate market and the corresponding process of buying real estate. Finding the best option for renting is not so easy, so it is best to contact specialists. The best choice would be a realtor who speaks Ukrainian or Russian, in order to avoid any misunderstanding.

The services of our specialists include:

• Providing a choice of options for residential premises with furniture in different cities and districts
• Legal processing of all documents, which excludes the possibility of problems during residence
• The possibility of personal acquaintance with the owner of the apartment building
• Acquaintance with housing at a time convenient for the client

Regarding the cost of housing rent, it will differ depending on:

• Cities
• Dimensions of the living space
• Living condition
• Availability of household appliances and furnishing
• Location relative to the center of the settlement.

The term of housing selection can be up to 3 days, depending on your needs.

Switzerland has 26 cantons in its composition, and each has its own characteristics. Zurich, Geneva are large business centers, the Alps are a place of peace, and other cantons have their own characteristics. That is why it is necessary to select real estate based on your preferences and goals.

Commercial real estate for rent in Switzerland

In the process of creating one’s own business in Switzerland, there is a need to purchase or rent commercial real estate. The latter option is considered more profitable, as it implies lower costs, minimal risk of investment loss and the possibility of faster expansion when creating a network. The company, which provides its services for business owners, offers the rental of industrial premises in Cyprus, shops, offices and other types of commercial premises.

By using quality service, you get the following benefits:

• the opportunity to devote maximum time to business development and working out a business plan instead of looking for real estate;
• individual selection of the object for specific tasks;
• legal execution of all documents;
• fastest selection of real estate.

It is important to note that the rent of an office in Switzerland or any other premises is processed by agents. This allows you to start your own business in Europe even without the need to know the language. The cost of services is only 50 percent of the monthly rent of a store in Cyprus or any other commercial facility.

Buying a home in Switzerland

Moving to a permanent place of residence and buying residential real estate for the purpose of renting it out on the territory of this European country are no less in demand. In the first case, it provides the possibility of obtaining citizenship and a decent life, and in the second – a source of constant passive income. It should be taken into account that regardless of whether an elite real estate in Switzerland or a more budget option is chosen, the cost of services will be negotiable. Thus, you will get the most attractive accommodation in Europe at a good price.

Switzerland has strict restrictions on the purchase of real estate by foreigners, so depending on your experience, your options may be limited. You can buy property in Switzerland if you:

• is an EU or EFTA citizen with a Swiss residence permit residing in Switzerland
• -have a Swiss permit C.

In both cases, you have the same rights as a Swiss citizen to buy real estate. You can buy investment properties, holiday homes or commercial premises, as well as a place to live. If you have a Swiss permit B, you can also buy real estate, but only for residence.

Persons who do not fall into these categories, such as non-resident aliens, aliens who do not have a work permit in Switzerland (including those working in diplomatic missions, UN agencies and CERN), or workers with short-term or seasonal work permits , may not be eligible to purchase property or may need to apply for a license to purchase. In order to obtain ownership of real estate in Switzerland, it is necessary to pay a deposit when signing the contract of intent. After verifying the legality of ownership by the seller of real estate, the notary issues the documents. And registers the agreement with the relevant authorities. As a rule, the whole procedure of permission to purchase real estate takes several weeks. The buyer takes possession of the purchased real estate immediately after the permission of the regional (canton) authorities. And the final settlement with the former owner of the real estate. When buying a house, you need to allocate 5% of the market value for taxes, including property transfer tax, depending on the canton it can be 3%

Buying camerashis real estate

Purchase of commercial real estate in Switzerland

is a question that interests not only businessmen, but also investors who want to earn a large stable passive income. Making a suitable purchase and selecting a suitable object is a difficult and time-consuming process that requires knowledge, time and effort. The following types of commercial facilities are offered:

• warehouse buildings;
• offices;
• business centers;
• trading platforms;
• shops;
• complex buildings.

Before purchase, all these objects are checked for the presence of foreclosures, mortgages from the owner and a number of other undesirable factors. Thanks to this, buying commercial real estate is always a safe investment.

What taxes must be paid?

There is no single tax in Switzerland, it varies depending on the Canton where the real estate was purchased. VAT will be 7.6%, but at the time of purchase, you will also have to pay a tax on the transfer of land ownership – 2-5%, a fee for entering the rights of owners in the register – 0.5%, a fee for notary services – 0.5-1%. Every year you will need to pay land tax – 0.6% of the appraised value of the home, property tax – 0.5% of the invested money, income tax – 6% of the value of the home, even if it is not rented out. If you still rent it, then the income tax is equal to 17-46% of the rental amount. Lease term – up to 11 months. Annual home maintenance costs also include insurance and utility bills. For a three-room apartment, you have to pay about 7,500 seamstresses-royal francs per year, even if it is non-residential.

So the services of a real estate lawyer in Switzerland include

• Renting residential real estate in Switzerland
• Lease of commercial real estate in Switzerland
• Buying residential real estate in Switzerland
• Purchase of commercial real estate
• Land permit in Switzerland

Real estate for recreation. This concept is characteristic only for Switzerland. The status of “recreational property” in Switzerland is given to real estate objects, the purchase of which is carried out for foreigners according to a simplified scheme. And with the receipt of guarantees of significant tax benefits. Currently, real estate located in the Lake Geneva area enjoys the greatest liquidity among foreign investors. The mild climate, almost corresponding to the Mediterranean, attracts a large number of tourists. Therefore, the purchase of a boarding house or a private hotel in Montreux or Vevey guarantees not only a profitable investment of financial funds. But also stable risk-free increase of capital.