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Old 21.08.2020, 17:13
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General property buying question(s)

I was window shopping online and I saw an advert for a 5 room house for CHF200,000. I thought it sounds too cheap for Switzerland, then in the description I read- "OHNE GRUNDSTÜCK".

What does that mean? You buying the house without the land that it sits on? How does that work and what is the point in buying a house like that?
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Old 21.08.2020, 17:19
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Re: General property buying question(s)

You buy a plot and then you put the house on it
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Old 21.08.2020, 17:20
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Re: General property buying question(s)

Most such ads mean that you have to dismantle the house and move it to a piece of ground that you own.

You see this now and again with buildings of historical interest.

Or where the seller wants someone else to pay for the cost of getting rid of his old eyesore before putting up another eyesore a multi family concrete box.

Or it's just a builder's plan - as Roegner says, you find your own ground and then build.

200K is an odd figure. More than one would expect to pay for most dismantling projects, but less than (most) new construction. Care to link the ad?



There is also a form of property called Baurecht, where you buy the house and a lease on the land on which it sits, usually something counting backwards from 99 years. The fewer years remaining on the land lease, the less the house is worth. But that is genenerally clearly described as Baurecht (or whatever the F, I terms would be), not sold as 'ohne Grundstuck'.
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Old 21.08.2020, 17:38
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Re: General property buying question(s)

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Care to link the ad?

https://www.homegate.ch/kaufen/3000564005
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Old 21.08.2020, 17:47
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Re: General property buying question(s)

As it says in the advert, you buy it, you dismantle it and put it on your land. But, apparently you need to do that yourself: Vorplanung zum Wiederaufbau
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Old 21.08.2020, 17:54
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Re: General property buying question(s)

Lot of the property adverts have hardly any photos showing all the rooms!
For example this one has 4 rooms apparently! Do you think for 250k it is good value?
https://www.homegate.ch/buy/3000576052
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Old 21.08.2020, 17:57
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Re: General property buying question(s)

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Lot of the property adverts have hardly any photos showing all the rooms!
For example this one has 4 rooms apparently! Do you think for 250k it is good value?
https://www.homegate.ch/buy/3000576052
Did you read the ad?

It's located in a campground, CHF 500/month rent for the spot.

Tom
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Old 21.08.2020, 17:58
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Re: General property buying question(s)

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Lot of the property adverts have hardly any photos showing all the rooms!
For example this one has 4 rooms apparently! Do you think for 250k it is good value?
https://www.homegate.ch/buy/3000576052
Am I reading correctly that you have to rend the terrain from the camping place for 500/month? Gsteig is a lovely spot however. Love going up to Rougemont-Saanen-Gsteig (less so Gstaad, too many wealthy and wealthy-wannabes flaunting themselves).
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Old 01.10.2020, 12:42
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Re: General property buying question(s)

As the ad states, they want to dispose the house and not the land. I believe it is usually so when they want to build themselves a brand new home on that piece of land and the current home has to go to do that. Giving it (or selling it) to someone else is seen as a better option than tearing it down and throwing it away
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Old 03.10.2020, 17:25
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Re: General property buying question(s)

Made up numbers for demonstration purpose!

Imagine cash in bank= CHF700'000

Scenario 1-
I buy a house for CHF300'000 (Fully paid in cash)
Eigenmietwert= CHF10'000
Money still left in the bank= CHF400'000
So I will be paying tax on 400k in bank + 300k worth of fully paid house + 10k Eigenmietwert = CHF710'000. Is that correct?

Now Scenario 2-

Same 300k house. I pay 100k in cash and take mortgage for 200k.
From tax POV, will I be paying tax on a) or b)?

a) 400k cash still left in the bank + 100k down payment + 10k Eigenmietwert= 510k
or
b) 400k cash still left in the bank + 10k Eigenmietwert= 410k
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Old 03.10.2020, 17:32
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Re: General property buying question(s)

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Made up numbers for demonstration purpose!

Imagine cash in bank= CHF700'000

Scenario 1-
I buy a house for CHF300'000 (Fully paid in cash)
Eigenmietwert= CHF10'000
Money still left in the bank= CHF400'000
So I will be paying tax on 400k in bank + 300k worth of fully paid house + 10k Eigenmietwert = CHF710'000. Is that correct?

Now Scenario 2-

Same 300k house. I pay 100k in cash and take mortgage for 200k.
From tax POV, will I be paying tax on a) or b)?

a) 400k cash still left in the bank + 100k down payment + 10k Eigenmietwert= 510k
or
b) 400k cash still left in the bank + 10k Eigenmietwert= 410k
What you pay for the property is not it's value for tax purposes but taxable value probably 30-60% of what you paid.

10k Eigenmietwert is income & taxable as such, interest can be deducted.

Wealth tax will be the same in both cases. House value plus cash less any mortgage.
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