Wealth buyers became more active in Switzerland’s market of real estate, where prices have adjusted. In addition, there has been a change in taxation and legislation, and apathy prevailed in the market a year ago has already disappeared.
Buyers are increasingly making deals in the real estate market in recent months. From spring of 2012 prices have risen by 10%. Also affected the lack of any activity in the past year, said Alex Koch de Gooreynd, head of Knight Frank's Swiss desk.
Customers have some concerns about the introduction of new laws and taxes in Switzerlandin 2013. However, experts note that the demand for real estate in prime locations seriously increased. Continues to sell well in the housing Cologny, Collonge Bellerive, Geneva's Old Town and Champel, for example. As in London, real estate is bought to maintain the prestige of the rich buyer.
Switzerland has also seen an increase in buyers from developing countries. This is partly due to the fact that a number of international companies cut staff, which immediately narrowed the number of active customers in Switzerland.