Positive trends in the real estate market in Switzerland
Real estate in Switzerland has long been the desired object for foreign investors, it is investments of this kind that provide stable income, and with a minimum risk. Unlike real estate market in other European countries and the United States, which are still trying to recover after the economic crisis of 2008, prices for all types of Swiss real estate are steadily increased over the past three years. In the period since 2008, the prices of houses and cottages increased by an average of 20%, and their average cost is about 780,000 CHF.
The market growth also significantly affect the extremely low mortgage rates of 2.7%, which were adjusted in the summer of 2011 by the National Bank of Switzerland.