Prices for vacation apartments in the Alpine region, particularly in Switzerland, rose by 7% last year. Top prices were achieved in Engadin\/St. Moritz, Flims\/Laax and Gstaad. This is reported by nnz.ch, which cites a study by the major bank UBS. This development can be attributed to the coronavirus pandemic and the second-home initiative, which has limited the number of properties and thus increased prices. The purchase prices for these vacation properties are currently around CHF 1 million, an increase on the CHF 750,000 in 2019.<\/p>\n
During the pandemic, the demand for vacation homes was boosted by the possibility of hybrid working away from urban centers. In addition, the second-home initiative increased pressure on the market by reducing the amount of available real estate. However, despite these factors, UBS expects a possible end to the strong upward price trend due to normalization after the coronavirus crisis, rising mortgage rates and a change in demand.<\/p>\n
Before buying a vacation home, potential buyers should consider a few factors. Financing a vacation property can be more difficult than financing a home, with higher equity requirements and stricter amortization terms. Ongoing costs, possible renovation needs and tax implications should also be considered.<\/p>\n
Source and further information: nzz.ch
\n \u00a9 Photodune<\/p>","protected":false},"excerpt":{"rendered":"
Die Preise f\u00fcr Ferienwohnungen im Alpenraum, insbesondere in der Schweiz, sind im vergangenen Jahr um 7 Prozent gestiegen. Spitzenpreise erzielen Engadin\/St. Moritz, Flims\/Laax und Gstaad. Das berichtet die nnz.ch, die sich auf eine Studie der Grossbank UBS beruft. Diese Entwicklung k\u00f6nne auf die Corona-Pandemie und die Zweitwohnungsinitiative zur\u00fcckgef\u00fchrt werden, die den Bestand begrenzt und damit […]<\/p>","protected":false},"author":2,"featured_media":10058,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-10054","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-immobilienkauf"],"yoast_head":"\n