Find your future home in Geneva
Real estate investment in France is a hot topic at the moment. The renewal of the Pinel system or the emergence of the mortgage at advantageous rates are favorable levers for investing in stone. But what about the other side of the border? In Switzerland, the city of Geneva meets all the parameters that attract real estate investors. Headquartered in more than 200 non-governmental organizations, a rich and varied culture and cradle of many modern and classic real estate properties, Geneva is among the cities where the real estate sector is in top form.
The mortgage in Switzerland
Of course, it is important to have a financing solution to invest in real estate. Most of the major Swiss banks offer a mortgage to help individuals realize a housing project. The funds obtained can be used for the purchase, but also for the construction and renovation of a property portfolio. Who can benefit from the loan offer? The financing solution is intended for all investors who wish to put their money in stone. However, the client will have to fulfill the award criteria in order to avoid a refusal. In the case of a mortgage loan, the criteria are summarized in 3 elements. It is necessary that the borrower brings its own fund about 20% approximately, that its capacity of borrowing is sufficient and that the value of the good used as guarantee covers entirely the loan.
The rate of a mortgage in Switzerland can be fixed. This is a safe formula for the borrower to protect himself from potential changes in the market. In general, real estate investors in Switzerland use a fixed rate loan for their projects. In parallel, we find the variable rate loan. The formula allows the investor to change rates every 3, 6 or 12 months. It is important to be aware of the market price throughout the repayment period with this second loan. As in all countries, the mortgage rate varies from one bank to another. In other words, you have to compete and negotiate to get a cheap financing solution. Loan brokers and online simulators are handy to help you make the right choice.
A real estate agency located in Geneva
If you have a real estate project in Switzerland and if you are looking for a real estate agency in Geneva. A team of experts is able to provide you with an appropriate solution to your expectations and your profile while respecting your budget. Cardis Real Estate Sotheby’s International Realty is an expert broker, but also sells apartments, land and houses in Switzerland. You will quickly find your accommodation among our long list of new property, modern or classic.