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Old 08.04.2008, 16:17
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What would you be willing to pay? [5.5 room new-build, Kanton Zurich]

I'm trying to get an idea of what price level families would be willing to pay to rent a good sized flat/apartment. Mr. Möpp and me (...and I) are in the process of buying a flat in a new development between Zurich and Winterthur:

5.5 rooms (living/dining room = 1.5 rooms, master bedroom, 2 smaller bedrooms and small study/TV-room/guest room)
Total 130 m2 with 2 large terraces (1 x south facing, 1 x north facing)
Kitchen (dishwasher, loads of storage space, breakfast bar) with access to terrace
Family bathroom (bath, 2 washbasins, separate shower, loo) and shower room (shower, 1 washbasin, loo)
Separate small utility room with washing machine + dryer and more storage space for vacuum cleaner etc.
Top floor of a 4-storey development
Overlooking fields on one side, and neighbours (village) on the other side
2-car parking in underground garage
Cellar room (quite large) for bikes, skis, suitcases, wine etc.

There's a bus stop directly in front of the house to which takes you to Bassersdorf for the S-Bahn connection to Zurich. http://www.zvv.ch/fahrplan_liniennetzplan.asp
The airport and Winterthur are also very close.

As I said, it's still being built at the moment and we expect it to be finished sometime in autumn (October/November). We won't be living in it ourselves but want to rent it out. Obviously, the final rent will depend on the mortgage we get, but I just wanted to ask EF members who have been in Switzerland for a while how much rent they would be willing to pay for something like that?
Thanks to all who answer!
Nic
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Old 08.04.2008, 16:42
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Re: What would you be willing to pay? [5.5 room new-build, Kanton Zurich]

Between CHF3,200 and CHF3,800 per month, depending on finishing, fixtures, layout and (good) use of space.

Good luck with the paperwork!
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Old 08.04.2008, 16:50
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Re: What would you be willing to pay? [5.5 room new-build, Kanton Zurich]

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What would you be willing to pay?
Willing? 1.5k sounds ok for you? That is all I can pay

Someone recently advertised a 5 room flat thing on EF for 5k if I remember right.
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Old 12.04.2008, 18:21
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Re: What would you be willing to pay? [5.5 room new-build, Kanton Zurich]

You will have issues with renting the apartment as it is on the 4th floor (lift or no lift). Not many families with children would choose to live that far up especially swiss families. Most would be looking at 1st or ground floor with a garden. I would estimate rental value at 2.4K max. Depending how close to winterthur it is demand isnt going to be great for 5.5 as winterthur is bush and by the time swiss people get to needing a 5.5 most swiss would be buying along with the 7 seater Renault espace. 3.2- 3.8K is simple too much you can get a 5.5 on the sneeze coast of Zurich lake for that money.
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Old 12.04.2008, 18:26
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Re: What would you be willing to pay? [5.5 room new-build, Kanton Zurich]

2'500-2'800 CHF maybe?
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Old 12.04.2008, 18:30
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Re: What would you be willing to pay? [5.5 room new-build, Kanton Zurich]

What does your mortgage have to do with the rent you can charge? It's like the guys trying to sell us a house to a price 20% over the current market price with the argument that "that is what we paid for it".


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IObviously, the final rent will depend on the mortgage we get,
Nic
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