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Real Estate in Thun, Switzerland | Expat Exchange
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Real Estate in Thun, Switzerland

By Betsy Burlingame

Last updated on Jul 06, 2023

Summary: People living in Thun, Switzerland offer advice about real estate. How do you find a home in Thun? Should you buy or rent? What is the cost of housing?

William Russell
William Russell
William Russell
William Russell

How do I find a place to live in Thun?

We asked expats how they chose their neighborhood and found a place to live. They answered:

"Finding a place to live in Thun, involves several steps. First, you need to determine your budget and the type of accommodation you're looking for. This could range from a single room in a shared apartment to a family-sized house. Next, you should start your search online. Websites like Homegate, ImmoScout24, and Comparis are popular real estate platforms in Switzerland where you can find listings for apartments and houses. You can filter your search based on your preferences such as location, price, size, and type of property. Another option is to check local newspapers and bulletin boards in supermarkets or community centers, as some landlords still advertise their properties in this way. You can also consider hiring a real estate agent to help you in your search. They can provide you with options that match your criteria, arrange viewings, and assist you with the rental application process. Once you've found a place you're interested in, you'll need to submit a rental application. This typically includes providing proof of income, a copy of your passport or ID, and possibly a reference from a previous landlord. If your application is accepted, you'll then sign a rental contract. Make sure to read it carefully and understand all the terms and conditions before signing. Finally, before moving in, you'll likely need to pay a security deposit, which is usually equivalent to one to three months' rent. This will be returned to you when you move out, provided you leave the property in good condition. Remember, finding a place to live can take time, so it's best to start your search well in advance of when you plan to move," remarked one member in Thun.

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What is a typical expat home or apartment like in Thun?

"A typical expat home or apartment in Thun, is often a modern, well-furnished space that blends contemporary design with traditional Swiss elements. These homes are usually located in residential areas that offer stunning views of the surrounding mountains and lakes. The apartments are often spacious, with large windows that let in plenty of natural light. They typically feature a fully equipped kitchen, a comfortable living room, one or more bedrooms, and a bathroom. Some may also have a balcony or a small garden. The buildings often have amenities like a laundry room, a storage area for bicycles, and sometimes even a shared gym or sauna. The homes are usually located close to public transportation, making it easy for expats to commute to work or explore the city. Despite being in a relatively small town, these homes often come with all the conveniences of modern living, including high-speed internet, central heating, and sometimes even a parking space," said one person in Thun.

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What is the average cost of housing in Thun?

If you are thinking about moving to Thun, cost of living in probably a key consideration. Expats commented about the cost of housing:

"The average cost of housing in Thun can vary greatly depending on the location and size of the property. For a one-bedroom apartment in the city center, the monthly rent can be around 1,200 to 1,500 Swiss Francs. For the same size apartment outside of the city center, the cost can drop to approximately 1,000 to 1,300 Swiss Francs per month. If you're looking to buy property, the price per square meter in the city center can be around 7,000 to 10,000 Swiss Francs, while outside the city center it can be around 5,000 to 7,000 Swiss Francs. However, these prices can fluctuate based on the current real estate market," explained one expat living in Thun, Switzerland.

Should I buy or rent a home in Thun?

If you have not spent a lot of time in Thun, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:

"The decision to buy or rent a home in Thun, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Thun for an extended period and have the financial means to purchase a property, buying a home can be a good investment, as it allows you to build equity and potentially benefit from the appreciation of property values over time. Additionally, owning a home provides stability and the freedom to make changes to the property as you see fit. On the other hand, if you are unsure about your long-term plans or prefer flexibility, renting may be a better option. Renting a home in Thun allows you to explore different neighborhoods and types of properties without the commitment of homeownership. It also provides the opportunity to save money for a down payment on a future home purchase or invest in other financial opportunities. Furthermore, renting can be more cost-effective in the short term, as you will not be responsible for property taxes, maintenance, and other expenses associated with homeownership. Ultimately, the choice between buying and renting a home in Thun, Switzerland, should be based on your individual needs, financial situation, and long-term goals. It is essential to carefully weigh the pros and cons of each option and consult with a local real estate professional to make an informed decision," said one expat who made the move to Thun.

About the Author

Betsy Burlingame Betsy Burlingame is the Founder and President of Expat Exchange and is one of the Founders of Digital Nomad Exchange. She launched Expat Exchange in 1997 as her Master's thesis project at NYU. Prior to Expat Exchange, Betsy worked at AT&T in International and Mass Market Marketing. She graduated from Ohio Wesleyan University with a BA in International Business and German.

Some of Betsy's articles include 12 Best Places to Live in Portugal, 7 Best Places to Live in Panama and 12 Things to Know Before Moving to the Dominican Republic. Betsy loves to travel and spend time with her family. Connect with Betsy on LinkedIn.

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