Modern furnished living and dining area

Condominium ownership - Renovation fund and value of a share

The creation of a renovation fund is not required by law. However, if the regulations provide for the establishment of a renovation fund, this provision must be complied with. It is advisable to create the renovation fund already in the first year after completion of the property. The contributions paid in are earmarked and serve to maintain the value of the property. They are intended in particular for future renovation work, such as on the roof, building technology or on the building envelope.

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Legal bases of condominium ownership

Learn about the legal basis for condominium ownership in Switzerland. You will gain an overview of the rights and obligations associated with condominium ownership and how the community of condominium owners is organized.

Home security system with cameras to monitor the various rooms

Security for your home - how to protect yourself properly!

The purchasing of a property is a wide-ranging matter - in the decision phase, prospective buyers concern themselves with the purchase price negotiations, the contract design, the financing, the conversion and the move. Time and again, however, it is clear that the security aspects are not being given sufficient attention.

Damaged Building Roof from Buring Fire

Guide Insurance - Comprehensive insurance coverage for private residential property

Safety is one of the most important housing needs because there is always the possibility of something going wrong and causing damage where you live and spend a lot of time. Questions about appropriate insurance solutions are therefore very diverse and individual, sometimes also requiring intensive consultation. For this reason, dealing with the topic of timely insurance for one’s own home is indispensable.

Contact

Contact your personal advisor

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Engel & Völkers Switzerland

Poststrasse 26

6300 Zug | Switzerland

Tel: +41 41 500 06 06