Over the past two years, a growing number of investors have been looking to add property
in Switzerland to their portfolios. The nation has seen a 174 per cent jump in the number of searches for residential real estate over the period.
New data from property website Primelocation.com shows that the number of searches for Switzerland from December to February rose by 43 per cent between 2008-09 and 2009-10 and then rose by a further 93 per cent between 2009-10 and 2010-11.
The firm's International Search Index puts Switzerland as the seventh most searched-for country, with France topping the list, followed by the US.
Nigel Lewis, property analyst at Primelocation.com, said that the fact some areas of Switzerland enjoy low rates of taxation is just one factors that makes it an attractive place to relocate.
"With a stable and wealthy economy and a resilient property market
that withstood the effects of the economic downturn much better than many other European countries, it's easy to understand why many highly-paid professionals, particularly those in the financial services industry, would be tempted by Switzerland," he added.
- Wednesday 04 May 2011