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Two Chalets for sale

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22<br />

Fair and extremely reasonable financing opportunities,<br />

<strong>sale</strong> to non-Swiss citizens possible<br />

RESERVATION<br />

Deposit CHF 100,000 to reserve a chalet. The<br />

notary will apply <strong>for</strong> your <strong>for</strong>eigner purchase<br />

permit when you reserve a property and these<br />

are usually granted within 6 to 8 weeks. When the<br />

permit has been allocated the notary will prepare<br />

the final <strong>sale</strong>s deed.<br />

At the signing of the notarised contract, 50% of<br />

the purchase price is due <strong>for</strong> payment (less the<br />

deposit).<br />

When the chalet is completed and ready <strong>for</strong> occu-<br />

pation, the purchaser will be registered in the land<br />

register as the new owner by the notary. At this<br />

point, the remaining 50% of the purchase price is<br />

due <strong>for</strong> payment.<br />

PURCHASE COSTS<br />

In Canton Bern (Lauterbrunnen, Wengen and<br />

Grindelwald) the total purchase costs amount<br />

to around 2,5 % of the purchase price including<br />

government purchase tax, notary fees, and land<br />

registration fees.<br />

LEGALITIES<br />

In Grindelwald <strong>for</strong>eigners are permitted to buy<br />

apartments and chalets but only if they have a<br />

market value of over around CHF 750,000. You<br />

may resell at any time to any buyer (Swiss, or<br />

<strong>for</strong>eign).<br />

FINANCE<br />

Swiss banks will lend up to 70% of the purchase<br />

price and interest rates are currently very low.<br />

The interest rate in Switzerland currently moves<br />

between 1.0 % and 2.5 % depending on the<br />

terms of the credit contract. We would be pleased<br />

to assist you with financing matters.<br />

INVESTMENT<br />

Last year the Swiss voted to prohibit the granting<br />

of new building permits <strong>for</strong> the construction of se-<br />

cond homes from January 2013. This is one of the<br />

last opportunities to buy a new property in the<br />

Swiss Alps as a holiday home and will be a sound<br />

and secure investment.

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