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Buyer Guide

Brokerage commission for property sales

If you wish sell your property, you have many options. You can sell the property yourself – to do this, most vendors place listings in the appropriate online real estate portals. This is extremely economical as well as practical since these websites are specifically visited by prospective buyers searching for properties. As a vendor, you must of course take care to provide as much important information as possible since prospective purchasers can filter their searches according to various criteria. We have put together additional tips for you in this informational chart on the subject of selling property on your own.

The world’s top 5 most exclusive ski resorts

Engel & Völkers presents the five most exclusive ski resorts worldwide in its latest Ski Ranking.* The highest prices for ski properties are currently found in the Rocky Mountains in the US state of Colorado: Aspen leads the ranking list as the highest priced resort, followed by neighbouring Vail. Third place is shared by St. Moritz and Gstaad in Switzerland, making them the most exclusive ski regions in the Alps. Kitzbühel in Austria and Whistler in British Columbia, Canada, also rank in the Top 5. “Premium properties in ski regions are among the most sought-after second homes, as well as the most desirable investment properties. They make excellent long-term investment opportunities, especially when the financial markets are volatile, as an effective hedge against inflation – as well as providing a retreat throughout the ski season and beyond,” says Florian Hofer, Managing Director of Engel & Völkers Kitzbühel.

House for Bitcoin: Do cryptocurrencies have the potential to revolutionise the real estate industry?

Anyone who invested CHF 1,000 in Bitcoin five years ago can easily buy a nice flat with that money today. This is also being realised: Bitcoin millionaires are increasingly investing their money in property. But how does Bitcoin actually work and how is the hype surrounding the digital currency affecting the property market?

Buy a villa in Zurich - Prestigious properties at Engel & Völkers Zurich Paradeplatz & Oerlikon

In the largest city in Switzerland and the surrounding canton, there is a considerable demand for housing, such as a comfortable villa, a single-family house with a garden or a modern condominium. At the same time, the big city is one of the most important financial centers in the world, which means that a lot of money flows into the entire canton. Accordingly, the interest in buying an attractive and spacious villa in Zurich is also large.

Rights and obligations in condominium ownership

The acquisition and holding of a condominium are linked to numerous rights and obligations. The most important regulations and decrees concerning condominium ownership are the following:

Property transfer tax

The property transfer tax is generally levied as a legal transaction tax when the property is transferred. Whether or not a profit was made on the property transaction is irrelevant – it can even be due in the case of losses. What is significant, however, is the canton in which the transfer took place.

First letting in Zurich - living in a new building

Apartments for first-time rent in Zurich are in demand like never before: there is a great great demand for apartments and houses, especially in the city. For this reason, modern Real estate in Zurich in almost all districts. Numerous New building projects in Zurich are currently being planned, under construction or already close to completion. Are you looking for a beautiful apartment to rent for the first time in Zurich? With Engel & Völkers in Zurich at Paradeplatz and Oerlikon, you have the choice of a high-quality Buy an apartment in Zurich or rent one of the modern apartments for first occupancy. Mrs Kerstin Kühn and her team will be happy to inform you about current and future properties in the new building for first-time tenants in the city of Zurich.

Seller Guide

Real estate gains tax

This tax is determined from the difference between a property’s purchase price and its sale price. Has the property currently being sold increased in value over time? If so, the real estate gains tax goes up correspondingly. However, the vendor may be able to claim investments or expenses here in order to reduce the tax burden.

What costs are incurred when selling property?

If you’re looking to sell your house or apartment, you should familiarise yourself with the costs involved. Because even if you sell your property without using an estate agent, you still have to pay costs such as legal fees and property transfer tax. Read on to find out exactly what these are.

Inheritance law in Switzerland: What is there to consider to when inheriting property?

With the help of the Swiss Civil Code, inheritance law in Switzerland governs succession, provided that the deceased has not left a will. The so-called parentelic system of succession determines which heirs are the main heirs to the inheritance and how large their share of the estate is. Especially with large hereditary communities, it is advisable to write a will in time. If property such as a house, land or an owner-occupied flat is in the estate, a will prevents disputes among the heirs. In addition, you distribute your inheritance to the heirs who appreciate your estate.

Selling your property on your own: the important stuff

Why do people decide to sell their property privately? For most people, the cost factor is quite obviously the issue - if there is no broker's commission, then the profit is theoretically higher. However, since selling real estate is not something you do very often in your life, vendors definitely need to plan well. It’s important to have a solid sales strategy and also to avoid certain pitfalls resulting in subsequent costs or even cancellations.

Calculation of the energy index

The energy index serves as a measure of the energy consumption, which results from the interaction of the properties of the building shell, the selected eating system, other building services installations, the local climate, the mode of operation and the user behaviour. In order to be able to calculate the energy index, the reference value for energy reference area must be determined. The energy reference area is the sum of all areas, for which the use of heating is necessary. This usually includes all common rooms (living, dining, kitchen, sleeping, wet rooms and hobby rooms), but also stairwells and corridors. Unheated rooms such as laundry rooms, heating and technical rooms, garages and cellars are not included in the energy reference area.

Real Estate Agent Guide

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