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Real Estate Briefing - Categorized | Emerging Trends, Investment more

Foreigners snap up Swiss property

Posted on 18 January 2012

With average house prices nearing 800,000 francs, the Swiss residential real-estate market continues to boom. Market participants say there is no end in sight as cash-rich Europeans and Russians keen to protect their assets fuel demand.
“I’m getting calls from Greek investors almost every day who want to buy a house here,” says Robert Ferfecki, managing director for Sotheby’s International Realty Inc. in Zurich, who is selling luxury homes in the German-speaking areas of Switzerland, including Zurich and Lucerne………………………………………..Full Article: Source


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