Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it dropped 0.25% to 1.50%. The interest rate used to set the reference rate was the average rate on Swiss mortgages at 31 March 2017 […]
Swiss rents drop, substantially in the Lake Geneva region
Tribune de Genève. Rents have dropped across Switzerland, declining substantially in the Lake Geneva region, according the the property consulting firm Wüest Partner. According to the firm, Swiss rents in the second quarter of 2016 were 1.6% lower than the same quarter in 2015. Geneva saw rents drop by 8.3% over the same period, while the […]
Latest Swiss rent reference interest rate announced
Every three months the rate of interest used to set Swiss rents is reviewed. If it goes down some renters have the right to request a decrease in rent. This time it remains unchanged at 2.00%. The interest rate used to set the reference rate was the average rate on Swiss mortgages at 31 December […]