Real Estate Development: Location First!
Our observations of current real estate transaction prices continue to demonstrate the famous axiom that the value of a property is dictated above all by one factor: location.
For example, the left bank of the Canton of Geneva continues to break records in terms of demand, given the scarcity of new real estate projects in a context of strong demographic growth. In the canton of Vaud, the appeal of the countryside is as strong as ever, especially if the plot has a view of the lake.
In the Canton of Vaud, the application of the Land Use Planning Act (LAT) limits the possibilities for new construction, and the communes have a limited number of new building permits. So, while the recent rise in interest rates has naturally had an impact on households’ borrowing capacity, we note that the volatility of equity and bond markets in 2022 and 2023 continues to push many affluent households (upper middle class) to favor investment in stone for their primary residence, to the detriment of rental.
The real estate market therefore remains buoyant for the rare new projects (PPE or Villas) that have the advantage of offering the best energy standards (Minergie, THPE, etc.) compared to older real estate.
We invite you to discover three new projects from the Capvest Group, all with full building permits, located on the left bank of the Canton of Geneva or in the Canton of Vaud, and benefiting from lake views or proximity.
“Les Vignes d’Ehden” in Anières (GE) – THPE project
“La Fontaine d’Ehden” in Corseaux (VD) – Minergie project
“Les Rives d’Ehden” in La Tour-de-Peilz (VD) – Minergie project