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Aug 29, 2012

Poor rental yields in Geneva and Zurich

			Last Updated: Aug. 29, 2012
GENEVA - Apartments	COST (€)		YIELD (p.a.)	PRICE/SQ.M. (€)
GENEVA - Apartments	TO BUY	MONTHLY RENT	YIELD (p.a.)	TO BUY	MONTHLY RENT
60 sq. m.	766,680	1,970	3.08%	12,778	32.83
120 sq. m.	1,513,200	3,703	2.94%	12,610	30.86
225 sq. m.	3,210,975	7,569	2.83%	14,271	33.64
ZURICH - Apartments
50 sq. m.	n.a.	1,568	n.a.	n.a.	31,36
80 sq. m.	n.a.	2,336	n.a.	n.a.	29.20
120 sq. m.	1,228,680	3,586	3.50%	10,239	29.88
200 sq. m.	2,211,600	6,180	3.35%	11,058	30.90
Districts researched: Geneva: All districts except Les Paquis Zurich: Districts (Kreis)1 , 2 (Enge/Wollishofen), 6 (Unterstrass/Oberstrass),7 (Fluntern/Hottingen/Hirslanden/Witikon), 8 (Seefeld), and 10 (Wipkingen) Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Luxury apartments in Geneva command average square metre (sq. m.) prices between EUR 13,000 to EUR 14,000.

In our sample, a 120 sq. m. apartment in Geneva costs on average EUR 12,600 per sq. m., 11% more than last year (but due to the small sample size, this is not reliable as a basis for price-comparisons).

Rents on apartments in Geneva range from EUR 31 to 34 per sq. m. per month. A 120 sq. m. apartment can be rented for around EUR 3,700 per month.

The gross rental yield for apartments in Geneva is very poor, ranging from 2.83% to 3.08%. Smaller apartments tend to earn higher rental yields. For example, a 60 sq. m. apartment returns 3.08% rental yields, while a 120 sq. m. apartment returns 2.94% rental yield. A 225 sq. m. apartment returns only 2.83% rental yield.

In Zurich, the average price per sq. m. for a 120 sq. m. apartment is around EUR 10,200.

Rents on apartments in Zurich range from EUR 29 to EUR 31 per sq. m. per month. A 120 sq. m. apartment can be rented for around EUR 3,600 per month.

Rental yields for apartments in Zurich are somewhat better than apartments in Geneva, at 3.35% to 3.50%.

Switzerland - more data and information

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