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In Switzerland, the number of over-65s is on the rise. This age group currently accounts for as much as 20% of the Swiss population. Demand for age-friendly living, whether in a house or an apartment, is on the increase. A guide to selling up and buying a new property suitable for accessible living.
Are you on the lookout for property suitable for age-friendly living? While buying can sometimes be speedy, the selling process is often protracted. Unfortunately, there’s no guarantee your old home can be sold before the moving date. In that case, the buying and selling processes need to be taken care of at the same time.
If a unique opportunity for a lucrative sale comes up, we recommend you go ahead and take it. You can temporarily rent an age-friendly apartment until you’ve found your dream property for old age.
Another option is reaching a temporary agreement with the person buying your old home. That might allow you to continue living in the property for a fixed period in exchange for rental payments until you have found a house or apartment suitable for accessible living.
If you’ve already found a property where you’d like to spend your old age, but you haven’t yet sold your existing one, ask the seller for a delay or to sign the contract later. Our tip: sellers are usually happy to accommodate you if you pay your deposit earlier.
If selling your house or apartment turns out to be a long-term project, you can also consider renting. You can ultimately use the earnings to pay the mortgage for your new home for accessible living.
We’ve put together a quick checklist of the key requirements for accessible living:
Engel & Völkers is a one-stop shop, helping you sell your property and find a new home suitable for age-friendly living and tailored to your needs. Contact us now, so we can help smooth the process of moving home.