European Real Estate Network - Market Report for Ticino
What are the main characteristics and developments in the Ticino market?
In our market area, which is the southern Ticino axis around Lake Maggiore and Lake Lugano, things are picking up again. Switzerland has recently gone through a difficult time but enquiries and sales are growing again, especially among Swiss, Italian, British and Scandinavian buyers.
Where is demand placing the market right now?
Prices are now at a more favorable level for buyers and investors - €14,000/m2 in Locarno and €17,500/m2 in Lugano – so people are being attracted back and searching for lakeside apartments and villas with top facilities and views. Switzerland remains a safe and secure investment, and buyers are coming back to that.
Most recent significant sale?
A modern CHF 20 million villa that offers lots of space (1,000m2), style and luxury along with a top location and fantastic views. Properties like this belong to an international luxury market, not really a domestic one, and within this global top segment a location on the Swiss lakes remains one of the most desirable anywhere in the world.
For more informations, please contact Wetag Consulting
EREN – the European Real Estate Network
Is an elite international network of Europe’s leading luxury property specialists that was founded in 2005 with the clear and simple objective of providing a cross- border nucleus of unequalled expertise, in-depth local market knowledge and the very highest credentials in terms of the quality of service, know-how and integrity.
In bringing together the best of luxury real estate companies in France, Switzerland, Austria, Germany, Italy, Spain, and Portugal, EREN has the ability to harness a priceless body of experience, information and contacts within a single organisation that was formed to raise the standards of practice in luxury real estate and provide a reference of singular quality for those buyers, investors and homeowners who seek to work with the most professional and ethical of partners.
EREN associates are not merely passive members of a large network, but actively work together on a daily basis, exchanging information and ideas, business, and industry-leading marketing initiatives that ensure that our member rms are at the forefront of modern developments and therefore highly e ective in promoting your property or nding suitable homes and investments for high net worth clients from across the world. As a result, we o er a network of excellence providing a pan-European platform for luxury real estate for those who are serious about property and expect the highest standards of e ectiveness and conduct.