Overall economic development in Switzerland is comparatively robust despite the ongoing global geopolitical tensions and the economic challenges in some countries and industries. This makes it all the more interesting to look at property prices in Zurich and the expected development of the property market in the region.
Do you have plans to sell your previously occupied or rented condominium? Current market developments can make the decision quite easy for you. However, many questions remain unanswered:
Why do people decide to sell their property privately? For most people, the cost factor is quite obviously the issue - if there is no broker's commission, then the profit is theoretically higher. However, since selling real estate is not something you do very often in your life, vendors definitely need to plan well. It’s important to have a solid sales strategy and also to avoid certain pitfalls resulting in subsequent costs or even cancellations.
Our guide to the bidding process when selling a property
Your property is among your greatest assets, whether it be an apartment or a house. It is correspondingly important to avoid mistakes when selling it and to prepare yourself as thoroughly as possible.
Facts about the topic of the right of pre-emption for real estate
When selling a property, there is a lot to consider. One of the most important points is determining the sales price. This serves as an objective assessment of the current value of the property and forms the basis for price negotiations.
If you wish sell your property, you have many options. You can sell the property yourself – to do this, most vendors place listings in the appropriate online real estate portals. This is extremely economical as well as practical since these websites are specifically visited by prospective buyers searching for properties. As a vendor, you must of course take care to provide as much important information as possible since prospective purchasers can filter their searches according to various criteria. We have put together additional tips for you in this informational chart on the subject of selling property on your own.
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.
Renovate an old building and retain its charm
Property ownership can result in a variety of taxes. These are generally determined by the location of the property – namely, in the canton where the property is located. This means that one person owning property in various cantons may be liable to pay taxes to different cantons. In such cases, different cantonal taxation systems come into effect, with the result that the taxation of property can easily become a rather complicated issue.
The renovation and updating of the heating has become a key issue, especially for existing properties, and should always be given top priority when buying a property. In addition to personal values surrounding environmental protection, future political requirements to replace fossil heat generation in residential buildings should also not be underestimated.
Contact
Engel & Völkers Switzerland
Poststrasse 26
6300 Zug | Switzerland
Tel: +41 41 500 06 06