UBS Luxury Property Focus 2021: Unexpected highs

Credit: UBS Switzerland AG

• The Lake Geneva municipality of Cologny is the most
expensive luxury real estate market in Switzerland.
The most expensive Swiss real estate market for
second homes is Gstaad.
• The pandemic triggered a boom in demand for luxury
real estate, which prompted prices to skyrocket by
9% over the past year.
• Switzerland has strengthened its position as a global
luxury destination. So we expect the upward price
trend to continue, albeit in a weakened form for the
time being.