Buying a house in the Obvaldo Canton: prices and mortgage (cross-border guide)

Context

In a nutshell

• The average price of an apartment in Canton Obvaldo is CHF 420,000.
• The average price of a house in the Obvaldo Canton is CHF 820,000.
• The mortgage loan can cover up to 70% of the purchase price.

Key facts

• Average apartment price : CHF 420,000
• Average house price: CHF 820,000
• Mortgage loan: up to 70% of the purchase price

The purchase price of a house or apartment in the Canton of Obvaldo may vary depending on the location and type of property. The average price of an apartment is CHF 420,000, while for a house it is CHF 820,000. The mortgage can cover up to 70% of the purchase price.

Property prices in Canton Obvaldo

The purchase price of a house or apartment in the Canton of Obvaldo can vary considerably depending on the location and type of property. For example, a 3-4 bedroom apartment in the centre of Giswil can cost around CHF 400,000-CHF 600,000, while a 4-5 bedroom house in a quieter area like Sarnen can cost around CHF 800,000-CHF 1,200,000.

Mortgage loan in Canton Obvaldo

Mortgage lending is an important option for property buyers in the Obvaldo Canton. However, it is important to note that the mortgage can only cover up to 70% of the purchase price of the property. This means that buyers must have at least 30% of the purchase price in cash or through other means of

Operational details

The purchase of a house in the Obvaldo Canton requires an assessment of your financial means and a careful choice of property. You can opt for a mortgage that covers up to 70% of the purchase price. However, it is also important to consider notary fees and trespass tax.

Prices of houses in Canton Obvaldo

The prices of houses in the Canton Obvaldo vary according to the location and type of property. According to data from the Federal Statistical Office (FSO), in 2022 the average price of a house in the Obvaldo Canton was around 630,000 Swiss francs. However, in Lucerne, the most populous city in the Obvaldo Canton, house prices are higher, with an average price of around 820,000 Swiss francs.

Mortgage loan

The mortgage loan is a popular option to finance the purchase of a home in the Obvaldo Canton. The Swiss National Bank (SNB) offers mortgage loans with an interest rate of about 1.5% per annum. However, it is also important to consider notary fees and pass-through tax, which may vary by location and property type.

Notary fees and transfer tax

Notary fees and transfer tax are two important costs to consider when buying a house in the Canton of Obvaldo. Notary fees may vary depending on the location and type of property, but on average they can cost around 10,000 Swiss francs. The transfer tax, on the other hand, is approximately

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Key points

The Obvaldo Canton is a fascinating place to buy a home, thanks to its natural beauty and strategic location. However, it is important to be informed about the prices and mortgages needed to buy a home in this canton.

To buy a house in the Obvaldo Canton, you need to apply for a mortgage that covers up to 70% of the purchase price. You can opt for a long-term mortgage or a short-term mortgage. For example, a long-term mortgage may cover an amount of up to CHF 400,000 for a CHF600,000 home, while a short-term mortgage may cover an amount of up to CHF 200,000 for a CHF400,000 home.

In addition, it is important to consider notary fees and trespass tax. Notary fees can range from CHF 2,000 to CHF5,000, depending on the complexity of the contract. The transfer tax, on the other hand, can vary from CHF 2% to CHF 4% of the value of the house.

You can request additional information from a real estate agency or banking institution. For example, the real estate agency "Swiss Properties" offers advice and assistance for the purchase of houses in the Canton of Obvaldo, while the banking institution "UBS" offers mortgage mortgage and financial advisory services.

Operational checklist:

• Determine the purchase price of the home
• Calculate the necessary mortgage loan
• Consider notary fees and transfer tax
• Request information

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