According to the UBS Luxury Property Focus 2021 Report published on July 14, the pandemic has triggered a boom in demand for luxury real estate (PPE and villas) in French-speaking Switzerland and has led to a 9% increase in prices last year in Switzerland, given the scarcity of available properties, especially in new construction. More than ever, real estate is proving to be a safe haven investment in times of crisis. The number of transactions has increased by more than a half compared to the previous year and has almost triple its five-year average.
The residential market has therefore been particularly dynamic in recent months. The Geneva municipalities on the left bank are still in high demand and are being favored by potential buyers. Thus, Cologny is the most expensive commune in Switzerland. The Communes of Vandoeuvres and Troinex are also very dynamic due to their location, very close to the city center while offering a fantastic quality of life in a protected green environment.
The conclusions of the UBS report have been observed on the ground by our marketing teams for our various projects underway on the left bank of the Canton of Geneva.
Moreover, interest rates remain at their lowest historical level. It is time to take advantage of this and become a homeowner with financing offers at 0.65% for 5 years and 0.75% for 10 years.
We invite you to visit the website of our project Le Parc des Crêts in Troinex which is under construction.