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Overview

In the past 3 years, the number of residents in Giornico has fallen to 790, which is equivalent to a population decrease of 5.16%.

Population data

On average, people earn CHF 53,495 annually.

A total of 4.99% of the population hold a university degree, 9.97% have completed higher vocational education, 46.87% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 38.18% of residents are currently enrolled in compulsory schooling.

Consequently, this area has high social standards and an educated population.

1.14% of the population is currently unemployed.

Taxes

The region has an overall tax burden of 12.53%. The actual proportion of tax paid varies from person to person and is based on aspects including current income, marital status, the amount of deductions and so on.

In Giornico, the rate of taxation for single people with no children is 18.47%. A retired, married couple (over 65) pays an average of 17.02%, a married couple with two children 7.13% and a couple with no children 11.08%%.

The overall property market

New buildings

New housing has been constructed in Giornico in the last 5 years. For example, 15 new apartments have been built.

One of the new builds was an apartment with 2 rooms.

The 7 3-room apartments and 4 4-room apartments are also particularly attractive for families.

The range of new apartments also includes 3 5-room apartments.

Housing stock

Giornico now has a total of 608 apartments, following further growth in the pool of local housing thanks to new construction.

The total number of 1-room apartments is 14.

Additionally, there are 60 apartments with 2 rooms, 222 apartments with 3 rooms and 203 apartments with a full 4 rooms.

Finally, 65 5-room apartments and 44 spacious apartments with at least 6 rooms are available on the market.

Empty apartments

The percentage of vacant apartments in Giornico is 1.96%.

This means that 5.45% of the 2-room apartments,

1.95% of apartments with 3 rooms,

1.07% of all 4-room apartments

and 1.67% of the 5-room apartments are presently unoccupied.

Apartments with more than 5 rooms have a vacancy rate of 1.98%; 2.44%% of this value refers to apartments with more than 6 rooms.

Property market (letting only)

The average rent for a flat in the region is CHF 990.

A quarter of rents are cheaper than or equivalent to a monthly rent of CHF 850 (25th percentile).

75% of monthly rents are less than CHF 1,200 (75th percentile), or they are equal to this average price.