A Few Quick Tips to Help You Find the Best Home in Switzerland

Best Home in Switzerland
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Moving to Switzerland? Finding property in the country is not a walk in the park. Most foreigners looking for a new home in Switzerland always struggle to keep up with the dynamic property market. There is a lot of competition for unoccupied property in this country as it happens to be one of the most attractive destinations in Europe.

However, you can make your home hunting experience a little easier if you understand the ins and outs of buying or renting property in Switzerland. Here are a few quick tips to help you on your journey.

Renting or Buying? Which Is Better?

Switzerland is known for its low homeownership rates. In fact, recent statistics estimate that only 35% of people in Switzerland own homes. Renting is big in Switzerland. It’s a popular form of accommodation for locals and foreigners alike.  Here are some of the reasons why you should rent not buy a home in Switzerland.

  • There is no stigma towards renting in Switzerland; the people here love renting.
  • There are no Government subsidies or incentives to encourage homeownership
  • Owning a home is expensive in Switzerland. The mortgage rates are quite high and there are mandatory federal home maintenance and home improvement rules for homeowners.
  • Homes are scarce in Switzerland, and property acquisition is extremely competitive.
  • There are favorable renting conditions in Switzerland. Renting rates are strictly controlled and tenants protected.

With this in mind, the number one tip for finding a home in Switzerland is to rent. You can use a local company like Cosmos Value to help you find a home to rent in the country.

Are You an “Attractive” Tenant?

There is a shortage of rental property in Switzerland. In addition to that, tenants in Switzerland are protected by the government. A landlord does not have the liberty to kick you out, terminate your lease or increase rates. This means most landlords are quite selective and careful with the kind of tenants they accept. You need to make a rental application that is then evaluated by the agent or landlord. 

You are advised to make yourself “attractive” to the landlord to get a good home in this country. Have your financials and paperwork in order. Liaising with a local company as mentioned earlier will help give your landlord the assurances they need to grant you a lease amidst all the competition.

Things You Need to Land A Rental Property in Switzerland

  • Prove of legal status in the country -Do you have a visa or work permit?
  • Financial evidence that demonstrates your ability to pay the rent
  • Ability to maintain the house, keep it in good condition. For instance, some landlords may not like tenants who have more than one pet.
  • Demonstrate good neighborliness- Not disturbing neighbors with noise, bad behavior, etc.

Start Early- Don’t Wait Until You Arrive         

As you may have probably realized by now, finding a house in Switzerland can be hard. It can take you a few weeks or even months to find your perfect home. Contact your agent or Switzerland based company like cosmos value early enough to avoid disappointments. It is advised to give yourself a three-month cushion so that you are not rushed into settling for what is currently available.

Rent Outside the Big Cities 

As a foreigner, you might be tempted to rent in big cities like Zurich, Basel and Geneva. While the big cities can be great for foreigners, rent and taxes are a bit high as compared to surrounding villages. You can live in any of the cantons in Switzerland where you find favorable leases. The transportation networks in Switzerland are quite good, so you won’t have problems commuting.

Finally- Beware of Online Scams

With the stiff competition and housing shortage in this country, it’s not a surprise to find numerous online scams trying to dupe home hunters into booking unavailable homes in Switzerland. Avoid online scams and use a reputable company to help you rent your new home in Switzerland.