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.