REAL ESTATE IN SWITZERLAND IN HIGH DEMAND, AS FOREIGN INVESTORS FLOCK TO THE ALPS
The Swiss Alps is in high demand, with investors across Europe turning to Switzerland for property investment, confident in the historic reputation of Swiss real estate as a secure investment during times of economic uncertainty. According to UBS, the pandemic has triggered a surge in demand for luxury real estate across Switzerland, promoting prices to rise by 9% over the past year.
Whilst it was difficult to anticipate the global impact of the pandemic, investors have found comfort and assurance in Swiss property; known for holding value during testing times, and for rebounding with growth – against the odds. This is evident in the number of transactions completed last year, which have risen by more than half compared with the previous year’s, reaching around three times higher than the five-year average.
One factor that investors are choosing property over other investment opportunities is because of the market’s promise of high intrinsic value. Real estate in Switzerland maintains its attractiveness as a long-term investment as opportunities for property in these locations are rare. With space and opportunity for property investment in Switzerland being a finite commodity, especially for non-Swiss nationals, it makes a chance to get foothold on property even more valuable.
The Residences at the Hard Rock Hotel Davos reflect the finest of opportunities to secure a property investment in Switzerland.
The apartments offer a rare opportunity to buy in Switzerland – widely recognised as the world’s most stable economy – without the usual restrictions on foreign ownership. In addition, buyers at The Residences participate in the unique rental programme offered by The Hard Rock Hotel Davos with attractive returns, depending on the apartment price and individual terms of the management contract. This means their investment can work for them throughout the year catering to both leisure and business guests – a benefit few holiday homeowners are able to match.
The high spec, fully furnished apartments by globally renowned architecture firm Woods Bagot are available in a choice of one, two or three bedroom layouts with attractive Crittall-styled mirror walls, large bathrooms, modern kitchens and balconies. The Residences are sleek and contemporary, combining Swiss quality and design with a Hard Rock twist. Not only do they provide a beautiful mountain retreat to enjoy throughout the year – but also the peace of mind of a secure ‘lock up and leave’ investment which will be rented out and managed by the hotel, providing additional income.
Find out more about which Residence is perfect for you, here: /virtual-tours/