LP - Luxury Properties - May 2013, SWITZERLAND OCCUPIES A UNIQUE SPACE
Switzerland occupies a unique space
Located right in the centre of Europe the landlocked country borders five fellow European states yet remains aloof from them all. Unlike most of its neighbours, it is not a member of the European Union, nor does it use the European single currency. Why the country has retained a stock individualism, Switzerland also shows admirable pragmatism and has borrowed many features from its immediate neighbours with examples of French, Italian and German design, architecture, food and fashion.it is also absorbed its neighbour's languages, becoming a truly multilingual Country.it’s excellent roads, many of them traversing scenes of great natural beauty, a popular can do it for citizens of other countries travelling across Europe are coming to visit Switzerland is fabled mountains, glaciers, lakes and rivers, or to simple it’s world-renowned cheese and chocolates. The climate shows similar moderate balance as if the country has the ability to ensure that even the weather brings no extremes. In July the temperature how was between 18 and 28°C in the coldest month January and February, it drops to between -2 and 7° while spring and the autumn full and the police and 8 to 15° range, and always with Herr so pure that or to Living or excursions can literally take one’s breath away. When it comes to politics, the Swiss version of democracy is a textbook example of how to achieve real consensus. This must practice direct democracy and citizens vote both in Parliamentary elections on matters of federal concern, and also on issues relating to local life in their own canton, or even their own commune, such as smoking restrictions or bus routes.
That ability to be here at Süß helped the country become as synonymy for stability both political and economic. Though Not without its own financial scandals, the country has remained largely unscathed by the domino effect of the global financial crisis who is reviewed be rations have almost sunk much larger neighbouring economies. That’s the ability has ensured a steady stream of customers for the countries finest real estate properties, increasing numbers of home or from Asia.not without its own financial scandals, the country has remained largely and scattered by the domino effect of the global financial crisis who’s a review out the ratios have almost sunk much larger neighbouring economies. That’s the ability has ensured a steady stream of customers for the country is the finest real estate properties, increasing numbers of whom are from Asia. We have sold six properties in Switzerland in the last 12 months to Singaporeans in the price per bracket from was dollar 790,000 to was dollar 2.6 million says Jeremy Rollason of Savills.
They are attracted by the rental return, the stability of the economy, the strange of the Swiss Frank and the increasing do you seasonality of ski resorts. We are also beginning to get more enquiries from China. Most of the Swiss property market consists of apartments or Charlize priced in the region of US dollar 2 million, and the luxury Primark it is relatively small, with most obvious is bias hailing from the UK, Scandinavia, Belgium, Germany, Eastern Europe and Russia. Prices have remained stable, According to Peter Rabitz of Wetag Consulting, The exclusive affiliate of Christie’s International Real Estate in the Swiss Canton of TICINO. The Swiss property market is not volatile double point price as we are stable and still are he says.however, the market is influenced by the situation space in Europe. Prices of high-end luxury real estate are levelling on a high level, with some regions in danger of a bubble-like Lake Geneva and Zürich. Ticino, prices are still moderate and compared to the northern and western Swiss regions. Volatility it’s virtually and hears it off in the Swiss property market, agrees on the role. House prices are controlled by limited supply indeed, a vote last year has restricted the number of second homes to no more than 20% of the total her in any communal.prices stabilised in the years 2009 to 2011, but are now on the increase, and we are predicting 5% plus capital growth in the major ski resorts in 2013.
The property available at the luxury end of the market includes large Mediterranean style estates and mansions, large modern villas and apartments and paint houses. Swiss Property Solutions hi good quality and newer luxury homes show an increasing trend towards amenities such as temperature-controlled wine rooms, saunas, hammams, indoor pools and home cinemas. The materials used in construction vary according to location. Most new construction is built with concrete, Stone or brick.in the Alpine regions, chalets are common, Often built using wood and concrete. In TICINO, which lies in the southern part of the country, near Italy, that is the text to roll materials and styles found in Italy have influenced local building, which frequent use of granite.
