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Synopsis

The District of Höfe is a region that is becoming increasingly attractive to residents. In the past 3 years, the number of residents has risen to 29,674 inhabitants, which is equivalent to a population increase of 1.78%.

Demographics

The average annual income level is CHF 248,950.

29.85%% of the population hold a university degree, 15.02% have completed higher vocational education, 39.47% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 15.66% of residents are currently enrolled in compulsory schooling.

The unemployment rate is 0.59%.

Taxes

The tax percentage is 5.93%. The actual percentage of tax paid varies from person to person and is based on aspects including current income, marital status and the overall level of deductions.

On average, a retired couple pays 7.93% and a childless, married couple pays 5.34%. Married couples with two children pay an average of 3.6% and the tax burden for an unmarried person without children is 8.31%.

The overall property market

New buildings

The quantity of newly built apartments in the District of Höfe has been growing steadily for 5 years. A total of 847 new apartments were created.

One-room apartments comprise 25 of the new builds – an excellent option for people living alone.

Along with apartments that had already been built, 144 new 2-room apartments have been constructed.

For families searching for a new place to live, the 266 apartments and the 265 4-room apartments are particularly attractive.

Furthermore, the number of large apartments available amounts to 101 5-room apartments and 46 apartments with a minimum of 6 rooms.

Housing stock

The new buildings have contributed to the ongoing growth of the local housing supply; there are now 14,325 apartments in the District of Höfe.

There are a total of 526 1-room apartments available in the area.

In terms of medium-sized to large apartments, the housing supply includes 3,182 apartments with 2 rooms, 4,820 3-room apartments and 2,712 with 4 rooms.

There are 2,712 5-room apartments and 1,599 large apartments with a minimum of 6 rooms.

Empty apartments

0.31% of the total housing stock in the District of Höfe is uninhabited.

This means that 0.95% of the 1-room apartments,

0.61% of the apartments with 2 rooms,

0.47% of apartments with 3 rooms,

0.17% of 4-room apartments

and 0.18% of apartments with 5 rooms are presently unoccupied.

The rate of vacancy is 0.16% for apartments with more than 5 rooms and 0.13% for apartments with more than 6 rooms.

Property market (letting only)

An average of CHF 2,080 is required to rent a property.

A quarter of all available rents are lower than or equal to a monthly rent of CHF 1,700 (25th percentile).

Additionally, 75% of all monthly rents are less than or equivalent to CHF 2,570.