Tips on How to Find and Buy Real Estate in Switzerland
Posted Feb 28 2013 8:01am
To find the desired Real estate in Switzerland, it is not necessary to go there. The world of Internet offers a lot of real estate agencies to suit every budget and taste. In addition to the different choice you are also waited by consulting experts who will answer any of your questions.
If you decided to address the services of some agency, just make sure that you will be proposed the real estate according to your wishes and the consultants will organize their shows at a very convenient time for you (either by arrival in Switzerland for examination, or a detailed presentation in the office of the company in Russian) and they will assist with visa and alien identification number; will contribute to getting a mortgage (if required) and provide legal advice at all levels of the buying process.Need more information? Visit our blog and readAdvantages of Real Estate in Switzerland. Do not forget that reputable agencies must have their own office in Switzerland, also a well-organized process of buying and selling, and have the reviews of their grateful clients. Beware of different scams and first of all discuss, whether the displays of the property you are interested in are free (a lot of agencies do not tell you about it), and the cost of their services is really acceptable to you.
The Process of Purchase
So, you have decided what exactly you want to purchase, for example, some Apartments in Montreux. If you are an individual, you will have to give your own passport. It is required of legal entities to give a certificate (and a copy) of state registration and the documents of the transfer of authority to sign the trustee.
In order to start the procedure (which lasts about 2 months), you have to sign a contract of the reservation with the owner, which confirms your serious intentions, and bail in the amount of about 10%. Remember that since this documentation, you sign all the papers in the presence of independent Swiss notary, who usually conducts business from both sides - the seller and the buyer. After making the deposit (to a trust account of an independent notary), notary takes issuing securities. He shall prepare and send the request for authorization of the transaction to the canton (the decision is made about two months), check the legality of the operation, and begin to write the sales contract.
Before signing the purchase agreement, you have to transfer the amount of the transaction except the amount of bail to the same trust account.Checkout 2.0 profile - real estate in Switzerland. And another requirement is: at the time of the transaction the money should only be in a Swiss bank account, otherwise, you will have to provide a guarantee of any Swiss bank.