Zurich is largest city in Switzerland and the capital of the canton of the same name.
Thanks to its excellent social and economic conditions in the fields of healthcare, education and housing, its environmental policy, superb lake, numerous rivers, and nearby ski resorts, Zurich is often named one of the world’s top cities for quality of life. For all of these reasons, Zurich is a destination to watch for luxury real estate.
The most sought-after neighborhoods
Around Lake Zurich, particularly in the gold coast (Goldküste) areas from Zollikon to Feldmeilen, as the region enjoys long hours of sunshine and very low tax rates. Residences in Zurich city center are also very desirable.
The most desirable properties
Desirable properties in the canton of Zurich should be centrally located or close to the city, offering lake views and good public transport links (trains, buses, and tramways). There must also be high-quality infrastructure nearby such as schools and shopping options.
Client expectations
On the outskirts of the city, houses with gardens are popular. In the city center, buyers are drawn to spacious, renovated apartments.
Clientele
Wealthy and divided between single buyers, couples and families.
Opportunities and perspectives
Market prices are gradually returning to normal, bringing with them new opportunities. The calculation for borrowing capacity is being made increasingly simple by banks.
What will 1 million swiss francs buy?
In the city of Zurich, a small apartment (645 sq ft-753 sq ft) or a larger space in a bigger condo. In the canton of Zurich (outside the city), buyers can acquire apartments with 4 or 5 bedrooms.
Source: Barnes Global Property Handbook
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