Real estate in new builds from developers of Zurich
Commercial property in Zurich
Real Estate in Zurich
Location, climate, economy and infrastructure
Zurich is a city in the northeast of Switzerland, located on the shores of Lake Zurich. It is the largest city in terms of population, the capital of the German-speaking canton of Zurich.
The climate is transitional between oceanic Western European and continental Eastern European.
Zurich is the most important economic center of Switzerland. The following industries are developed in the city: mechanical engineering, light industry, banks, insurance companies, and international communication. Zurich is one of the important transport hubs in Europe, as the city has the largest railway station and international airport. Zurich is also an international financial center (large banks and insurance companies are located) and one of the tourist centers of Switzerland.
Real estate market in Zurich
According to Regina Leader-Post, low interest rates stimulated an increase in the number of home loans in Switzerland, which in turn led to an increase in property prices. The strongest overheating of the market was observed in Zurich. The government, fearing market bubbles, began to take drastic measures. In the real estate market in Zurich, demand remains, but recently there has been a slight slowdown, which may be due to the tightening of the lending criteria of the Swiss National Bank.
New buildings in residential complexes on the local market are being built taking into account the possibilities of building technologies and the need for primary comfortable ergonomic housing. During the sale of projects under construction, developers offer promotions, discounts and installment payments. Customer reviews confirm the high quality of the objects put into operation.
The cost of real estate in Zurich
According to the Numbeo portal, Zurich is one of the ten most expensive cities in the world in terms of real estate value. Accordingly, real estate prices in Zurich remain among the highest on the market. Also, residential real estate in Zurich is considered the most expensive (the largest increase in prices was recorded here). Thus, the average cost of an apartment in the city is 11,470 euros per sq.m., a single-family house - 2.72 million euros. Apartments in the city center with an area of 120 sq.m. can be purchased for approximately 1,446,840 euros and rented out for 3,950 euros per month. Thus, the yield will be 3.27% per annum.
Areas with the highest real estate values in Zurich: Seefeld, Mühlebach, Weinegg, Wollishofen, Rathaus, Hochschulen, Lindenhof, City, Heng, Wipkingen and others.
Housing prices in Zurich are steadily rising, thanks to which the owners of real estate buying a house, apartment or commercial property here receive a guarantee of a steady increase in his capital.
Property types for sale
Potential investors can choose from the following types of real estate in Zurich:
- residential (apartments, apartments, houses, cottages, mansions, chalets, villas, etc.);
- commercial (shopping space, office space, warehouses, industrial premises, etc.);
- land plots.
Real estate website in Zurich
We recommend that you use only expert information and follow the instructions of specialists. The GEOLN.COM real estate website will help with this since it has a convenient search interface, which presents the current catalog of verified real estate in Zurich.
Buying real estate in Zurich: the nuances of investing
Buying real estate in Zurich is profitable and promising for several reasons:
- the city is one of the safest in the world;
- the favorable economic climate that has not changed over the years makes it possible to do business here and guarantees the absence of a collapse in real estate prices;
- rich and varied historical heritage, and attractive climatic conditions.
Buying residential property in Zurich is possible only if you have a Swiss residence permit type B and C. It is important to note that you should buy property in the city by working with a notary, who is a mandatory participant in any real estate transaction. The contract of sale without his signature is considered invalid.
GEOLN experts provide comprehensive assistance and support in the real estate acquisition procedure, which includes a high-quality selection of properties according to individual parameters. We recommend contacting professionals who will ensure the preparation of the necessary documents, the execution of the purchase and sale of real estate in Zurich.
The purchase of real estate in Zurich is a reliable and profitable investment that guarantees safety and growth of assets in a modern developed city, which is the financial and economic center of Switzerland.