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  #41  
Old 18.08.2009, 08:34
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Re: Buying a house in swizerland

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Why not replace with a different cheaper model. Or import from Germany.
Gardening - the main difficulty is finding a gardener! Most seem uninterested as they've big contracts with all these apartment blocks.
Aren't Swiss appliances a different width to German ones? With my benchtops cut for a certain sized cooker top, the cheapest option is to use what fits.

As for garders -my neighbour was charged CHF 2000 for hedge cutting. Since it takes me about 3 hours to do it myself, and I don't charge travel time, I'm "earning" myself quite a high hourly rate

Getting a gardner to do machine work and weeding is difficult too. City Zug has a green boarders rule ie hedges as fences. Looks lovely but they need watering and trimming about 3 times during the summer. Can't wait until my kids can do some gardening
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  #42  
Old 18.08.2009, 08:57
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Re: Buying a house in swizerland

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Aren't Swiss appliances a different width to German ones? With my benchtops cut for a certain sized cooker top, the cheapest option is to use what fits.
There are 'Swissnorm' 55cm and 'Euronorm' 60cm appliance widths. Both are available as original equipment and replacements from discount stores.

But with replacements it's not always the width that's the problem. We has a dishwasher that was installed before the kitchen floor tiles. When it had to be replaced I told the original firm of their error. The claimed it could be removed with breaking the tiles. It could. But only by hacksawing off the rubber wheels...
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  #43  
Old 18.08.2009, 10:14
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Re: Buying a house in swizerland

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Aren't Swiss appliances a different width to German ones? With my benchtops cut for a certain sized cooker top, the cheapest option is to use what fits.
What abFab said. Close to the German boarder there are loads of places selling kitchen appliances and they cater very much towards the Swiss market, and handle all the VAT, import duties for you too. Price difference for us at that time - 40% cheaper than Switzerland. Service & warranty not a problem -they have their own maintenance vans driving around in Switzerland on certain days per week, and when that expires, they will put you in touch with a "local" service agent.
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  #44  
Old 18.08.2009, 11:22
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Re: Buying a house in swizerland

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If you like i can send you a complete guide on how to buy a house just pm me your address and i will pop it in the post on Monday, but be warned it is a long read
Hi Sutter, is this document in english?
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  #45  
Old 18.08.2009, 11:37
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Re: Buying a house in swizerland

I agree with the selling here - people seem to pick a price out of the air then just leave the house on the market for years until the market catches up with what they want for it.

They also don't seem to care what the house looks like when they do sell it - none of the decluttering and baking fresh bread etc

If you do buy then when you sell I don't think you get taxed if you buy another house - so you can move within Switzerland - its only when you want to take the money out entirely that you get hit - and this starts to go down after 5 years
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  #46  
Old 18.08.2009, 11:55
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Re: Buying a house in swizerland

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Hi Sutter, is this document in english?
Yes all in English

EDIT - this is now no longer possible

Last edited by jrspet; 26.05.2010 at 19:17. Reason: User requested an edit
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  #47  
Old 18.08.2009, 11:56
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Re: Buying a house in swizerland

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I agree with the selling here - people seem to pick a price out of the air then just leave the house on the market for years until the market catches up with what they want for it.
I live in Ticino and I find that the Estate (Real Estate) Agents seem to have properties on their books for years while in the UK, if you haven't sold within 8 weeks (until the last year) you would start panicking.
A lot of the property seems to be sold through knowing people and don't come on the open market and those that do are poor.
I also find that the prices are often very unrealistic (too high).
I would advise the best place to look for a property is by asking the Comune planning officer as they seem to know land and property possibly up for sale.

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They also don't seem to care what the house looks like when they do sell it - none of the decluttering and baking fresh bread etc.).
That because they are not gullible and don't believe all that crap on those Property Programmes in the UK.
When I look at a house, i just look at the physical sizes of the rooms and its location and potential and now if it is resaleable easily.
Lets face it, you are going to re-decorate it anyway.

I am trying to sell my UK house and don't use any of those ploys (bake a loaf of bread, coffee perculator on, flowers on the table); maybe that is the reason I cannot sell it.
http://www.rightmove.co.uk/property-...%3D90%26y%3D21

It could be because people can't come up with a deposit, have negative equity in their existing house, scared of being made unemployed and are becoming more realistic about things or the house is a pile of crap and too expensive. Don't forget, it is only worth what someone is willing to pay. In my case, I only have an £80k mortgage on it so don't give a hoot if it sells or not.
I had an estate agent round yesterday (in UK) and I kind of laughed to myself because he was upset because his house is worth £240k and he has a £300k mortgage on it.
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  #48  
Old 18.08.2009, 12:22
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Advice about buying a house in Switzerland

After posting on the other thread that i have lots of information about buying a house in Switzerland from C S i have been swamped with pms every day members asking for me to send them to them (i don`t mind) some have asked via email sorry this is not possible, i can only send them by post.

I promise i will send you all the information ASAP, and sorry for not replying to ALL the pms yet (not had time).

The information is in English

EDIT - this is now no longer possible

Last edited by jrspet; 26.05.2010 at 19:17. Reason: User requested an edit as was overwhelmed by PMs from members.
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Old 18.08.2009, 12:27
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Re: Buying a house in swizerland

Whats the resale market like in Zurich, particularly apartments? If I buy an apartment in Zurich what would the resale opportunities be and is it expensive in terms of taxes etc?
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  #50  
Old 18.08.2009, 13:08
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Re: Buying a house in swizerland

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Whats the resale market like in Zurich, particularly apartments? If I buy an apartment in Zurich what would the resale opportunities be and is it expensive in terms of taxes etc?
The difficulty would not be reselling, but buying one in the first place that will readily resell. Which should be the logic you buy on - 'can I resell this?'

For clean, up-to-date apartments in good areas off busy roads, but near public transport with balcony and view with garage at sensible prices the demand is impossibly high.

You would be taxed at approximately 40% on any profit if sold within 5 years and a decreasing % after that (each Canton publish their rates). Selling expenses are deductible and if you buy another property for the same price or higher within Switzerland you will avoid this tax (Grundstuckgewinnsteuer). Note you will not be able to sell without declaring the gain and paying it or providing the buyer with a letter from tax authorities that you are not liable. The Notar will advise buyers of this on purchase...
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Old 19.08.2009, 14:03
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Re: Buying a house in swizerland

Thanks very much Abfab
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  #52  
Old 19.08.2009, 15:20
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Re: Buying a house in swizerland

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I am trying to sell my UK house and don't use any of those ploys (bake a loaf of bread, coffee perculator on, flowers on the table); maybe that is the reason I cannot sell it.
http://www.rightmove.co.uk/property-...%3D90%26y%3D21

It could be because people can't come up with a deposit, have negative equity in their existing house, scared of being made unemployed and are becoming more realistic about things or the house is a pile of crap and too expensive. Don't forget, it is only worth what someone is willing to pay. In my case, I only have an £80k mortgage on it so don't give a hoot if it sells or not.
I had an estate agent round yesterday (in UK) and I kind of laughed to myself because he was upset because his house is worth £240k and he has a £300k mortgage on it.
It may not be selling because people don't want the hassle of such a big house (6 bedrooms, 5 reception rooms ) and was that a train line I see in the background?

As Abfab said, resellability should be a major consideration when buying a house.
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Old 25.08.2009, 22:15
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Re: Buying a house in swizerland

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The difficulty would not be reselling, but buying one in the first place that will readily resell. Which should be the logic you buy on - 'can I resell this?'

For clean, up-to-date apartments in good areas off busy roads, but near public transport with balcony and view with garage at sensible prices the demand is impossibly high.

You would be taxed at approximately 40% on any profit if sold within 5 years and a decreasing % after that (each Canton publish their rates). Selling expenses are deductible and if you buy another property for the same price or higher within Switzerland you will avoid this tax (Grundstuckgewinnsteuer). Note you will not be able to sell without declaring the gain and paying it or providing the buyer with a letter from tax authorities that you are not liable. The Notar will advise buyers of this on purchase...
Please note, if you invest the profit in another property you do not pay tax.
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  #54  
Old 25.08.2009, 22:22
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Re: Buying a house in swizerland

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Please note, if you invest the profit in another property you do not pay tax.
Isn't that exactly what I wrote?? In fact I gave more accurate info:
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if you buy another property for the same price or higher within Switzerland you will avoid this tax (Grundstuckgewinnsteuer).
Nice first post btw...
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  #55  
Old 25.08.2009, 22:53
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Re: Buying a house in swizerland

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And remember, your house here that you buy will never actually be yours. (you're just paying off the interest on it)
Er can you explain this?

Why can't you pay it off?
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  #56  
Old 25.08.2009, 23:45
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Re: Buying a house in swizerland

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Er can you explain this?

Why can't you pay it off?
You can, but as the interest payments are low (the capital is not paid back), it can be set against income tax/Eigenmeitwert - so it may be better not to completely pay off a mortgage. Remember when you reach 25 years of payment the % the mortgage to property value will be low...
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  #57  
Old 26.08.2009, 05:02
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Re: Buying a house in swizerland

I am also interested in buying a property in Switzerland. I have been trying to find some answers on the forum (albeit not very hard I must admit) but couldn't find what I was looking for.

How much is the approx. property tax in Switzerland? Does it vary by state or city?
Does the tax go up if the market value of the property goes up or you remodel and make improvements?
Are there other fixed or variable costs one must be aware off as an owner?
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  #58  
Old 26.08.2009, 08:47
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Re: Buying a house in swizerland

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I am also interested in buying a property in Switzerland. I have been trying to find some answers on the forum (albeit not very hard I must admit) but couldn't find what I was looking for.

How much is the approx. property tax in Switzerland? Does it vary by state or city?
Does the tax go up if the market value of the property goes up or you remodel and make improvements?
Are there other fixed or variable costs one must be aware off as an owner?
You pay income taxes based on the deemed rental value and asset taxes on the purchase price less mortgage owing. When improvements are made, the value of the asset is increased.

Deemed rental values, income taxes and asset taxes are different Kanton to Kanton. In Zug asset taxes are .89% and deemed rental values are based off purchase price - and are almost as much as my part time salary.
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  #59  
Old 26.08.2009, 10:13
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Re: Buying a house in swizerland

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I am also interested in buying a property in Switzerland. I have been trying to find some answers on the forum (albeit not very hard I must admit) but couldn't find what I was looking for.

How much is the approx. property tax in Switzerland? Does it vary by state or city?
Does the tax go up if the market value of the property goes up or you remodel and make improvements?
Are there other fixed or variable costs one must be aware off as an owner?
You didn't check at all as all your questions are answered in this single post......... be honest
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  #60  
Old 26.08.2009, 19:27
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Re: Buying a house in swizerland

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You didn't check at all as all your questions are answered in this single post......... be honest
Charlie,
I don't get your point. What post are you referring too?
I saw a lot of posts on tax and fees when you buy or sell but not on the property tax rate itself.
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