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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?


Pros:

+ 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


Cons:

- 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:

Eight-phases-to-acquire-your-property-with-confidence







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