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Overview
In the last 3 years, the population of Riviera has fallen to 4,188, which is a population decrease of 0.5%.
Demographic data
Average income totals CHF 59,865.
7.82% of the population have a university degree, 11.18% have a higher vocational education qualification, 46.95% of the population have a school-leaving certificate or finished a vocational apprenticeship and 34.08% of residents are completing compulsory schooling.
The residential area has high social standards and an educated population.
Approximately 1.36% of the population is presently unemployed.
Taxes
The tax percentage in the area is 12.27%. Income, marital status and deductions are among the aspects that affect the actual tax burden.
In Riviera, the tax rate is 18.08% for an unmarried person without children. On average, a retired couple (over 65) pay 16.67%, a married couple with two children 6.98% and a childless couple 10.84%%.
The property market in general
New construction
171 new apartments have been constructed in Riviera over the past 5 years.
Of these new builds, 4 are 1-room apartments, which are ideal for people living alone.
There are also 29 new 2-room apartments.
What's more, 49 3-room apartments and 69 4-room apartments have been added to the local housing stock in recent years.
Funds were also invested in more spacious apartments: 17 5-room apartments were built, providing plenty of room for families; 3 apartments with at least 6 rooms were also created.
Housing stock
The new buildings are helping to ensure the continued growth of the region's housing stock, which totals 2,494 apartments in Riviera.
In terms of 1-room apartments, a total of 92 properties are on the market.
In addition, there are 413 apartments with 2 rooms, 593 apartments with 3 rooms and 802 4-room apartments.
There are 373 5-room apartments and 221 large apartments with a minimum of 6 rooms.
Vacant apartments
The vacancy rate in Riviera is 0.9%.
This means that 1.1% of the 1-room apartments,
1.97% of the 2-room apartments,
1.37% of the 3-room apartments and
0.63% of all 4-room apartments are currently empty.
Housing market (letting only)
Rental properties are offered at average rental prices of about CHF 1,150 per month.
Consequently, 25% of all rents on offer are lower than or equivalent to a monthly rent of CHF 950 (25th percentile).
Additionally, 75% of all monthly rents are less than or equal to CHF 1,300.
ZIP of Cresciano
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