Property around Geneva and Buy to Let

CHALET LOCATOR

Geneva has been consistently voted one of the best places to live in the world in terms of quality of life. Nestled next to Lake Geneva or Lake Leman as it is known locally, Geneva has access to some of the best skiing areas in the world only 1 hour away.

In summer, there are fantastic hiking, mountain biking, paragliding and adventure activities available in the nearby Jura and French and Swiss Alps whilst the lake is ideal for windsurfing, wakeboarding and sailing. Within an hour you can visit the lovely towns of Lausanne, Montreux and Annecy and the transport system is fast, clean and punctual.

There is a lively expat scene with many international companies and organizations based in Geneva including the UN and the Red Cross. Click on the link below for a list of major organisations with offices in Geneva:

http://www.geneva.ch/multinationals.htm

There are many well paid international workers in the area on long term contracts who are looking to rent apartments and the rental market is very strong.

Owing to the scarcity of property to buy in the city, many people look outside towards neighbouring France and the more reasonably priced areas towards the north and the east.

Ferney Voltaire and the area towards the north of Geneva

Ferney is on the border of Switzerland and Geneva next to Geneva airport. It is a pretty village with good services and a direct 20 minute bus link to Geneva centre. It is close to the Jura mountain region with its ski resorts and hiking areas and the lovely town of Divonne. As it is towards the north of the city it is close to CERN and the international quarter and therefore appeals to many renters. Prices are considerably cheaper here than central Geneva and provide an excellent investment buy to let opportunity.

Example yield:

Current values as at 07/08:

2 bedroom apartment: Price 240000 Euros
Rental Income: 1200 Euros per month = 14,400 Euros p.a
240000/14,400 * 100 = 6.00

Yield: 6 % gross

Send us an email

Owing to strong rental demand and the shortage of supply, buying around Geneva represents an excellent long term investment.

Chalet locator can help you search, finance and rent out a property in areas of France around Geneva. Currently there are restrictions in place preventing non - residents buying property in central Geneva but these are being reviewed in 2010.

PREGNY CHAMBESY, GENEVA (international quarter); New Build apartments for sale off plan:

2 bedroom garden apartment  Sfr 845,000
3 bedroom apartment  Sfr 876,000
4 bedroom duplex garden apartment  Sfr 1,680,000
4 bedroom apartment    Sfr 1,530,000
5 bedroom duplex apartment  Sfr 1,390,000

Ask for further details.

Land for Sale

PREVERENGES: Close to the Lake; 5000sq metres

Price: 1,600 Fr per sq metre

Ask for further details

Buy to Let properties:

FERNEY, FRANCE: 5 minutes from Geneva airport, lovely light 2 bedroom apartment of 77 sqm with double aspect and great views, garage and close to shops and bus line: 240,000 Euros

Ferney1300708

FERNEY, FRANCE: 5 minutes from Geneva airport next to Swiss border, 2 bedroom apartment with a potential 3 bedrooms. In need of some renovation, 87 sqm in a quiet location with great views: 275,000 Euros

Ferney20300708

Advantages:

Access Efficient airport close to centre and great transport links
Area Close to some of the best skiing in the world
All year round appeal Lively in Summer
Demand strong rental demand
Tax low rental income tax

Our investment rating (out of 5): ****

Disadvantages:

Lack of Housing supply
High purchase fees in France