Home owners in Switzerland have seen their investment grow healthily over the last ten years.
A survey by property evaluator, Wüest Partner, shows prices for a family house have risen 3.6% every year for the last ten years and apartments up 2.9% over the same period.
That ends up being a lot of money – if someone bought a house for a million ten years ago, they’ve made CHF 360,000.
That is an average across the country, some areas have see even stronger gains – but they’re not where you may expect them.
While prices in the Geneva/Nyon region are up between 20 and 30% over ten years, Morges and Lausanne could be as much as 40 to 50%.
But the strongest rises are in the middle of the country, away from the major urban centres.
Canton Uri prices are up by more than 70% and some areas in Graubünden see similar rises.
Perhaps driven by the rise of home working.
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