Living in: Zurich
Downtown Zurich has limited inventory and property prices are very high in and around the city. “The demand for residential property is still high and values are up to eight percent higher than last year,” explained Schmidiger. “This is because of the low interest rates and the economic and fiscal state of Switzerland as compared to the surrounding EU countries.” The average house price in Zurich is 1.8 to 3 million francs, while a house in a prime location goes for anywhere from 5 to 15 million francs. Flat prices are around 7,000 to 10,000 francs per square metre, while average rent for a four-room flat is around 2,000 francs a month.
“The quality of life is really better here,” said Graham. “The city functions über-efficiently, making it easy, but not cheap, to get things done.”
The Local: English-language countrywide news
Newly Swissed: lifestyle blog covering art, design, food and travel in Switzerland
Two Fools in Zurich: ex-pat blog about life in the city, plus restaurant and nightlife recommendations