Acquisition opportunities boosted by lower interest rates

According to the latest economic note from Raiffeisen, inflation has significantly declined, and to prevent monetary policy from becoming too restrictive, central banks are already considering cuts to key interest rates. Markets and analysts from major Swiss banks are expecting one or more rate cuts by the Swiss National Bank (SNB) during 2024.

The SNB surprised markets on March 21st with a reduction from 1.75% to 1.5%, whereas expert consensus had expected the first decrease around May/June 2024. Anticipation of this decrease had already led to a decline in 5-year rates. Fixed-rate mortgages are therefore already more affordable and often cheaper than variable SARON mortgages.

This surpassing of the interest rate peak has somewhat reduced uncertainty among buyers, with a good acquisition momentum in the new residential sector since September 2023.

Our project “La Fontaine d’Ehden” located in Corseaux offers a final lot available for sale. It is a magnificent penthouse of over 120 square meters offering stunning views of the Alps and the lake.

A second project, located in Anières near Geneva, also offers a final lot available for sale, in the form of a sumptuous garden-level townhouse of 260 square meters, with over 720 square meters of outdoor space, including a spacious garden and generous terraces.

Therefore, it is the right time, with this realized interest rate decrease, to embark on an acquisition and come discover, with our sales team, the ongoing projects of the Capvest Group.

Retail Advisors Geneva
info@retailadvisors.ch
+41 22 344 88 00