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Old 07.07.2021, 12:53
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Property Price Increase Graph for Swiss Property

Does anyone know where I can find a graph of property price increases in Switzerland over the last 20 years in chf?

Even better would be a graph or data for the canton of Ticino.

Most appreciated.
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Old 07.07.2021, 16:11
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Re: Property Price Increase Graph for Swiss Property

Past performance is not indicative of future behavior

https://www.hev-tessin.ch/politik/immobilienmarkt/ (10 years only)

and the previous 10 years you can find them here:
https://www.efv.admin.ch/dam/efv/de/...lienpreise.pdf

and the original data can be found here:
https://www.wuest.io/reports/#/home (not for free)
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Old 07.07.2021, 16:23
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Re: Property Price Increase Graph for Swiss Property

Been asked before.. there's nothing like Zoopla in CH.. I would have thought it was an obvious opportunity (and would have thought the big .ch property sites would have developed this)
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Old 07.07.2021, 16:53
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Re: Property Price Increase Graph for Swiss Property

Comparis.ch has some good data points for specific properties.
As interesting the data will be, it will not help much because currently CH remains a sellers market......
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Old 07.07.2021, 18:54
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Re: Property Price Increase Graph for Swiss Property

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Comparis.ch has some good data points for specific properties.
As interesting the data will be, it will not help much because currently CH remains a sellers market......
Comparis works on asking prices not completed sale prices. There can be a huge difference in either direction.
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Old 08.07.2021, 11:25
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Re: Property Price Increase Graph for Swiss Property

Thank you for your help.
The reason I was requesting this information is that my mother has Alzeimers. She sold the building in Mendrizio without my permission for chf 1,350,000 in July 2016 when it was valued by an estate agent for chf 2,200,000 in February 2011. I see from the graphs that property has gone up by 20% since 2011 to 2016.
It appears to have fallen after that.
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Old 08.07.2021, 12:36
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Re: Property Price Increase Graph for Swiss Property

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Thank you for your help.
The reason I was requesting this information is that my mother has Alzeimers. She sold the building in Mendrizio without my permission for chf 1,350,000 in July 2016 when it was valued by an estate agent for chf 2,200,000 in February 2011. I see from the graphs that property has gone up by 20% since 2011 to 2016.
It appears to have fallen after that.
You have mentioned this before, it would appear she did not need your permission as the Notary would not have allowed the sale to go through if you were a joint owner.
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Old 08.07.2021, 13:07
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Re: Property Price Increase Graph for Swiss Property

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Thank you for your help.
The reason I was requesting this information is that my mother has Alzeimers. She sold [..]
I don't know, I hope she gave you all the support you needed until you were 18 years old or until you ended your study and then ... think how much fair would be a world where no one inherits anything.

For the very poor would be busin...shit as usual, for some pampered kids would start having some minor issues, for the middle class it would be serious crap (as it is right now in most of Europe, by the way).
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Old 08.07.2021, 16:42
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Re: Property Price Increase Graph for Swiss Property

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You have mentioned this before, it would appear she did not need your permission as the Notary would not have allowed the sale to go through if you were a joint owner.
Correct.
The property was sold by her without my knowledge for 1,350,000 chf
4 appartments 125m2 each
1 appartment 65 m2
4 double garages
cellars
1280 m2 land

I told her that the sale proceeds of the building belong to the company.
I told her that the company has to be put into voluntary liquidation so it is a return of capital and not subject to tax.
She said she does what she wants.
She transferred 50% of the sale proceeds into my account and 25% into her account and 25% into her husbands account.
I resigned as director on the grounds that
1) I was no longer a shareholde
2) had nowhere to live as I lost all my furniture and possessions that were in the property and therefoe would become non resident.
3) could not prepare the accounts of the company on the basis that what she did was wrong and there are massive tax implications that I do not want to be involved with
A liquidator was appointed to collect the tax on the monies she transferred against my orders.
I was told by the liquidator I need to pay 250,000 chf on the monies taken out.
I have told the courts that:
1) She took my shares without my permission to enable her to be able to sell the building.
2) She sold the building at 38% below estate valuation of 2011
3) She transferred 50% of the monies into my bank account and as she had stolen my shares am saying those monies are her paying for my shares that were valued by her husband at 750,000 chf which is what he had offered me his shares at only 6 months previously.
4) She had Alzeimers and has since had her personal finances taken control by an administrator.

The liquidator is arguing that:
That she was sane at the time of the sale.
I would not buy her husbands shares that he offered to me at 750,000 chf as a "once in a life time offer" when I explained that I do not have the monies to buy his shares so she decided to sell the property.
That the memorandum and articles of association state that the company can buy and sell property so is the normal business of the company. This despite the land and building being the only asset of the company since we bought the company in 2006.
That the price of 1,350,000 chf was a fair price.
That I received the monies in my account and therefore need to pay back 300,000 chf of the 578,000 chf she put in my account for the tax and liquidation fees.
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Old 08.07.2021, 16:59
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Re: Property Price Increase Graph for Swiss Property

Sounds like she and her husband really needed the cash....
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Old 08.07.2021, 17:07
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Re: Property Price Increase Graph for Swiss Property

Easy to say and hard to do, but try not to let this eat you up. It will impact on your health.

At least you should have Swiss inheritance law on your side when your mother eventually dies - if there is anything left.

I have seen families eaten up by conflicts over money. Please don‘t go that way…
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Old 08.07.2021, 17:33
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Re: Property Price Increase Graph for Swiss Property

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Easy to say and hard to do, but try not to let this eat you up. It will impact on your health.

At least you should have Swiss inheritance law on your side when your mother eventually dies - if there is anything left.

I have seen families eaten up by conflicts over money. Please don‘t go that way…
No!
She is in a Swiss carehome now and so the limited amount of money she and her husband have will all be gone before they die.
She is 88 with Alzeimer and he is 93 both living in a care home.
Ironically she always went on about my sister and I waiting for her to die to inherit her wealth.
I always laughed at her and said: "It is a pittance and I make my own money so spend what you have"
I did not expect her to waste my own earned capital though.
And, yes it is totally doing my head in.
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Last edited by Cashboy; 08.07.2021 at 17:47.
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Old 08.07.2021, 17:44
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Re: Property Price Increase Graph for Swiss Property

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Sounds like she and her husband really needed the cash....
They did not need the money.
They had UK pensions of £40,000 a year = chf 48,800
What I think she thought was that she would sell the building so she could put the money in the bank and when she dies that my sister and I would get 50:50.

I made it clear that she would be better to sell the shares to my sister and me 50:50 cheap and we sort things out.
Because we knew that if she had Alzeimers and in a care home all the monies would go.
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Old 08.07.2021, 17:46
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Re: Property Price Increase Graph for Swiss Property

I have seen families eaten up by conflicts over money. Please don‘t go that way…[/QUOTE]

Funny you should say that.
When I was 16 years old, I remember making my parents angry when I told them I wish I had been an orphan.
I was spot on at 16 years old !
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