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| The asking price was 630K CHF for 3.5 (87m2 living + 35m2 balcony + parking underground). Which some people said was reasonable, some people said was way too high for the outskirts of Lausanne.
As I mentioned, there were other factors involved in our decision (like locality, no shops nearby, etc) not just the price. My bank advisor confirmed that the price was not a problem for me (I just about had the 20% from all the sources + LPP). | |
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With so few properties on the market, you could be looking forever to find the perfect place at the perfect price. Sometimes this never happens and you have to just go for it. We just compared the amount we were paying on rent to the amount we will pay in interest plus expected repairs (1% a year) and extra taxes. Now is a good time to lock into a low interest rate.
We bought in 2005 and I still haven't seen anything better - but i'm still looking
Since then our household has doubled and my other half no longer commutes. A place in the middle of nowhere now seems appealing!