The mountain resort of Verbier is the most expensive place in the Alps for second homes, including high end resorts in other Alpine countries.
The latest UBS Alpine Property Focus Report shows on average a property in Verbier will cost CHF 21,500 per square metre, next is St Moritz at 21,200 and third, Zermatt at CHF 19,900.
Although price rises have been strong over the last 5 years – on average – 30%, UBS analysts suggest the market will stagnate this year as international demand is low.
Bern preparing for fuel shortages
Switzerland is bracing for possible fuel shortages after the closure of the Strait of Hormuz disrupted global oil supplies.
Switzerland becoming the new Dubai?
Switzerland is seeing increased interest from expatriates leaving Dubai amid tensions linked to the conflict with Iran, with the canton of Zug emerging as a key destination.
Court slams deportation decision - man dead
A deportation case is sparking controversy after the death of a 29 year old Ukrainian man who was returned from Zurich to a war zone.
Housing scam rampant
Police are warning of increasingly sophisticated rental scams targeting people searching for housing online.
Asylum applications could be carried out abroad - but will be difficult
A new government report says asylum applications carried out abroad would be legally possible, but difficult to implement.
Move to allow cancer survivors to refresh health insurance
Cancer survivors could soon gain stronger protection when applying for private insurance.
