Although the basic real estate metrics in Suisse Romande remain sound, Yves Rapin, a committee member of the Union Suisse des professionnels de l’immobilier Vaud (Swiss association of real-estate professionals in Vaud) believes that the economic downturn will have two indirect negative effects: the numerous multinationals in the region will be reducing their personnel and […]
Posts under ‘Property News’
No immediate solution to Vaud housing crisis
With a vacancy rate of only 0.5% and an extra 10′000 residents for the year of 2007 alone, Vaud cannot see the end to the housing crisis that started five years ago.
The Vaud Socialist party wants the canton to step up the construction of low cost housing, since an additional 100′000 residents are expected before […]
Lighting better at lower cost
In 2012, when energy-thirsty light bulbs will at last be banned, Switzerland will only be catching up with the directives that the European Union is implementing as from this year.
Better late than never.
Thomas Edison’s light bulb has survived 130 years but it is now on its way out because the light it emits is only […]
Credit Suisse reduces its mortgage rates
Credit Suisse is reducing its interest rates for adjustable-rate mortgages. The guideline rate for adjustable-rate mortgages is falling to 2.85 percent with immediate effect for new loans and on April 1, 2009 for existing ones.
The guideline rate is used for top-quality residential properties and borrowers with impeccable creditworthiness.
As for construction loans, the new rate will 2.60 […]
3rd Crusade to save Lavaux wineyards
A crusade to save the Lavaux vineyards from real-estate development is launched for the third time.The tireless Franz Weber, whose “Sauver Lavaux” and Helvetia Nostra associations relentlessly oppose new constructions on the slopes between Lausanne and Vevey, says he will launch in January an initiative to put a stop to what he believes is an […]
Mortgage rates below the 3% mark
Banque Migros and the Cantonal Bank of Lucern have joined the growing movement of financial institutions bringing down their mortgage rates. Banque Migros proposes a variable mortgage rate of 2.7 %, whereas the Lucern bank proposes 2.75%.
For the time being, the reference rate for rents, as published on 1 December by the Swiss Federal Office […]
A-One Business Center in Rolle changes hands
Currently home to the European headquarters of Yahoo, Chiquita, Johnson & Johnson and Honeywell, the A-One Business Center in Rolle has been sold to Swisscanto, a financial consortium of Swiss cantonal banks. The transaction has occured only a year after it was built.
La Côte International School was opened this September in the vicinity of the […]