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Overview
In the past 3 years, the population of the Distretto di Riviera has fallen to 10,298, which amounts to a population decline of 0.03%.
Demographic data
The average income here is CHF 59,075.
A total of 8.86% of the population hold a university degree, 9.84% have completed higher vocational education, 45.11% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 36.19% of residents are currently in compulsory schooling.
According to the data, this residential area has high social standards and an educated population.
1.26% of the population is presently unemployed.
Taxes
The overall tax burden is 12.27%. This differs on an individual basis and depends on income, marital status and the overall level of deductions, among other factors.
In the Distretto di Riviera, for instance, a married couple on a pension (over 65) pays an average of 16.67% tax, a couple with two children 6.98% and a couple without children 10.84%%. The rate of taxation for an unmarried person without children is 18.08%.
Summary of the property market
New construction
The quantity of newly constructed apartments in the Distretto di Riviera has been growing continuously for 5 years. A total of 366 new apartments were built.
A total of 9 1-room apartments have been created.
67 of the new builds are also 2-room apartments.
In addition, 88 3-room apartments and 160 4-room apartments have been created.
Funds were also invested in larger apartments: 36 5-room apartments were constructed, offering lots of room for families; 6 apartments with a minimum of 6 rooms were also built.
Housing stock
As a result of new construction, the amount of housing available in the Distretto di Riviera has increased, and there are now a total of 6,142 apartments.
A total of 177 1-room apartments are available on the housing market.
The number of apartments with 2, 3 and 4 rooms is 1,641, 2,184 and 784 respectively.
Finally, 784 5-room apartments and 391 spacious apartments with a minimum of 6 rooms are available on the market.
Vacant apartments
In the Distretto di Riviera, there is a 1.79% vacancy rate for apartments.
Consequently, 2.3% of the 1-room apartments,
3.48% of all apartments with 2 rooms,
1.86% of the 3-room apartments,
1.77% of apartments with 4 rooms
and 0.13% of 5-room apartments are unoccupied.
The vacancy rate for apartments with more than 5 rooms is 0.26%; 0.52% of those empty properties are apartments with at least 6 rooms.
Property market (letting only)
The average price for rental properties is CHF 1,150 per month.
25% of the available rents are lower than or equal to a monthly rent of CHF 974 (25th percentile).
75% of monthly rents are cheaper than CHF 1,325 (75th percentile), or they are equivalent to this average price.
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