Berne Property Market and Real Estate Guide
Berne is the capital of Switzerland
and currently boasts an estimated population of around 700,000 people within its sprawling metropolitan area. Like many other Swiss cities, Berne ranks atop the best 'quality of life lists', although this results in a high cost of living and high property prices.
The majority of Swiss do not own property, evidenced by the fact that some 67 percent choose to rent. While there have been laws put forth in recent years, making property purchases more accessible, particularly to foreigners, the high cost of homes is simply not conducive to promoting sales, although the market has improved somewhat during the past ten years.
Serviced apartments are a popular choice for those who plan on spending a few years living in Berne, as the costs are reasonable and the range of options is quite large. Renting or purchasing an apartment is consistent with the needs of those who wish to live here, but don't have the financial independence necessary to purchase a house.
Renting Serviced Apartments
The wide range of serviced apartments available in Berne ensures that most will have the amenities to make your stay here extremely comfortable. Security is excellent at the many complexes offering corporate housing options, although the city is considered to be a very safe place to live. Cleaning services, state-of-the-art facilities and high-speed Internet are standard.
If you choose to rent a serviced apartment in Berne, as is the case anywhere in Switzerland, you should expect to provide at least two months' worth of rent prior to obtaining a key to your new home. This includes the first month's rent in addition to a security deposit, which is fully refundable upon completion of the lease.
Buying Apartments and Houses
The real estate market in Berne is stable, meaning that a return on property investment is likely. While property in Switzerland has historically always been pricey, there are some cheaper options in Berne, especially outside the city. The rail system here makes travel to and from the downtown area straightforward.
Foreigners who decide to purchase property in this city have some advantages, as laws restricting purchases have been amended in recent years. There are several avenues open as regards to loans, with banks not being the only method of financing in Switzerland, although you should always expect to pay roughly ten percent of the total cost of your new abode in closing fees and other taxes.
Real Estate Agents
It can be a difficult undertaking to find a real estate agent in Berne if you do not speak German, or the Swiss variation of German. While many of the agents do speak English, locating one through traditional means can be a challenge, making online searches the best and easiest option.
Check out the following Berne real estate agents:
Address: Kramgasse 5, Berne, CH-3000, Switzerland, CH
Tel: +41 313 184 880
Schneller real estate agents specialise in finding homes for foreigners in Berne.
Address: Austrasse 79A, Neuenegg, CH-3176, Switzerland, CH
Tel: +41 031 742 0101
Gasser Immobilien can use their expertise in the real estate market in Berne to find you the best home for your needs.
Address: Marktgasse 59, Berne, CH-3011, Switzerland, CH
Tel: +41 315 500 130
Better Homes has locations throughout Switzerland and has a branch in this city, being pleased to help you find a home.