Engel & Völkers
  • 2 min read

The current development of property prices in Zurich

Overall economic development in Switzerland is comparatively robust despite the ongoing global geopolitical tensions and the economic challenges in some countries and industries. This makes it all the more interesting to look at property prices in Zurich and the expected development of the property market in the region.

Property buyers are currently increased interest in investing in property that promises long-term stability and, if possible, an increase in value. Owners, on the other hand, are considering whether it makes sense to sell their property in Zurich at the moment or whether they would be better off waiting. The Engel & Völkers Zurich team at Paradeplatz or in Oerlikon deals with the development of the region and the properties in the area on a daily basis Development of the region and the properties in Zurich and can therefore advise you competently in detail. This also applies to properties in the neighbourhoods or agglomeration communities of Zurich, for example:

  • Buying a house in Zurich

  • Albisrieden property

  • Real estate Altstetten

  • Oerlikon property

  • Real estate Zurich Enge

  • Buy a flat or house in Zurich Affoltern

  • Flat or house for sale Zurich Höngg

Zurich real estate market: houses and apartments stable

Contrary to the expectations of many experts, real estate prices for residential properties, particularly in Zurich, have proven to be very stable during the coronavirus phase and the subsequent rise and now fall in mortgage interest rates. The real estate market in the Zurich region continues to show a solid sideways trend for single-family homes and condominiums. The increasing importance of a property's energy efficiency is striking. Houses and apartments with a renovation backlog, particularly with regard to heating systems, roofs and windows, are tending to become less attractive compared to modern properties with modern energy concepts, which are attracting steadily increasing interest. Search customers also see other advantages when buying a home in Zurich:

  • Mortgage interest rates lower again

  • Property also serves as a retirement provision

  • Solid capital investment for decades

  • Continuous price increases in Zurich

  • Desire for freedom to rent

  • Stable costs due to fixed mortgages versus rents

  • Purchase prices currently more favourable than in the future

  • Property market in Zurich safer than stock market

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Developments on the Zurich real estate market: prospect of rising real estate prices

The commercial real estate market in Zurich experienced a slight decline due to the rise in interest rates, especially for retail space and offices, as well as apartment buildings. By contrast, apartments in the districts in the center of Zurich are as sought after as ever. Those hoping for lower real estate prices in Zurich in the future will probably be waiting in vain. Thus, neither prospective buyers of houses and apartments nor investors in Zurich have any reason to delay their purchases. A change in the real estate market in Zurich is not in sight at present.

Zurich property market experts: Engel & Völkers on Paradeplatz and in Oerlikon

Property is still a good investment on the Zurich property market, especially if you plan to live in it yourself. Would you like to buy a centrally located Flat in Zurich City and Old Town for example in one of the modern New-build projects in Zurich for first-time occupancy? Or would you like to buy a stately Villa for sale in Zurich or a Multi-generation house with a granny flat? Are you interested in buying a Buying a flat in Zurich for example in the following neighbourhoods:

  • Buy flat Zurich Altstetten

  • Buy a flat in Zurich Enge

  • Buy a flat Schwamendingen

  • Buy a flat in Wiedikon

  • Buy a flat Wipkingen

  • Buy a flat Wollishofen

Then contact the Engel & Völkers Zurich Paradeplatz & Oerlikon team. The managing director Kerstin Kühn will take your Search request for Zurich and offers you the best flats and houses on the property market in Zurich with interesting property prices. By the way, you can also request a Video consultation on request. You will learn just as much about the development of property prices and the best properties in the Zurich region as you would during a personal visit. No matter how you contact us, there will probably not be a better time to buy flats and houses on the Zurich property market in the next few months.

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Contact

Engel & Völkers Zurich Paradeplatz

Engel & Völkers Zurich Paradeplatz

Claridenstrasse 43

8002 Zürich

Switzerland

+41 43 88811-22
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