Practical tip – Housing – Rental vs Purchase
Updated: Dec 29, 2021
You are new in Switzerland or about to relocated and are looking for accommodation? You may start with a rental accommodation as many of our clients do….
What are the main pro and cons of renting?
+ Short term commitment in a city you are not familiar yet
+ Fix monthly spending
+ Landlord organises and pays for maintenance costs
+ Less time spent on real estate market analyses
- Freedom of creating your place according to your taste
- No investment of your funds (if available)
- No benefit of the current low mortgage rates
Should you decide to move on with your idea of purchase, we recommend you to read the insights of “Homequest”’s website: