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Overseas Property News
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Switzerland’s housing market could be real winner of Euro 2008
Country: Switzerland
9 June 2008
Many of the football fans currently in Switzerland watching this month's Euro 2008 football championships are likely to consider buying a home in the country, in turn driving demand for Swiss property, according to property agency Sunday Homes.
The company believes the country’s tax benefits and natural attractions will prove highly popular to tourists with money to buy an investment property or second home.
"I am absolutely convinced holiday visitors, or at least some of them, might consider buying, certainly if they regularly visit Switzerland," said Laurence Cederwall, manager of Sunday Homes.
"For example, ski holiday makers will find it more interesting to own a place with all its benefits, including capital appreciation, good rental yield, tax advantages and the possibility of reselling later on, than renting someone else's place over and over.”
The tournament is expected to attract between 2.8 and 5.4m visitors to the country, according to Switzerland.com.
Experts point out that rental yields, or the amount of money landlords can get from tenants for their investment, can be high, while Swiss property values are generally rising.
Some properties in Switzerland
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Price: £244,550
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Type: Apartment
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Bedrooms: 1
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PRICES FROM 365,000 CHF Fabulous development of apartments set in a lovely location in Ovrannaz close to the thermal baths. Properties have 1 or 2 bedrooms, south facing balconies, fitted kitchens, parking space and wonderful mountain views
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Price: £502,500
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Type: House
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Bedrooms: 2
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2,328M2 PLOT WITH GARDENS AND A PRIVATE WOOD Fabulous villa set in a private location with wonderful views to Lake Maggiore in Fosano.
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Price: £566,150
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Type: House
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Bedrooms: 3
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EASY, YEAR ROUND ACCESS Fabulous development of chalets in a superb position set 300m from the ski bus in Haute Nendaz with wonderful views.
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View details | Enquire further
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Price: £599,650
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Type: Apartment
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Bedrooms: 3
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OUTSTANDING LAKE VIEWS Superb, top floor apartment in San Nazzaro. The property features 3 bedrooms, 2 bathrooms, central heating, parking place, lift access, parquet floors, large balcony and enjoys the use of a communal swimming pool.
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View details | Enquire further
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Price: £904,814
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Type: House
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Bedrooms: 4
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STUNNING LOCATION WITH MAGNIFICENT MOUNTAIN VIEWS Luxury development of chalets set in a ski-in position and excellent year round road access in Haute Nendaz.
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Price: £938,000
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Type: Apartment
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Bedrooms: 2
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EXCELLENT RENTAL POTENTIAL Fantastic apartment with stunning mountain views in Verbier. This south facing property has the use of a shared ski and laundry room. Features include 2 bedrooms, fitted kitchen and there is also the advantage of parking.
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Price: £1,005,000
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Type: House
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Bedrooms: 3
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OUTSTANDING VIEWS OF LAKE MAGGIORE Stunning villa situated in Magadino, only 20 minutes from Locarno.
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Price: £1,809,000
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Type: House
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Bedrooms: 7
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LAKE MAGGIORE AND MOUNTAIN VIEWS Fabulous villa in an outstanding location in San Nazzaro.
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Price: £3,618,000
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Type: House
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Bedrooms: 8
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DIRECT ACCESS TO THE LAKE WITH BOAT HOUSE AND YACHT INCLUDED Impeccable villa with stunning interior features in San Nazarro with breathtaking Lake Maggiore views. The property is set over 4 levels with 8 bedrooms, 2 garages and gardens.
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