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Real Estate in Zurich, Switzerland | Expat Exchange
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Snowfall on Lake Zurich, Switzerland

Real Estate in Zurich, Switzerland

By Betsy Burlingame

Last updated on Dec 09, 2024

Summary: The average cost of a nice 2 bedroom home in Zurich, Switzerland is around $1.2 million USD, while a nice 3 bedroom home is around $1.5 million USD. These properties typically include modern amenities such as high-end appliances, hardwood floors, and updated bathrooms. Some may also include a balcony or terrace with views of the city or lake. There are no restrictions on foreign ownership for properties in Zurich. Expats should search for a home to buy in Zurich by researching the different neighborhoods and areas, looking at listings online, and visiting the city to get a better feel for the area. The most desirable neighborhoods in Zurich include Seefeld, Enge, and Wiedikon. These areas are known for their close proximity to the city center, excellent public transportation, and vibrant nightlife.

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How do I find a place to live in Zurich?

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

"Finding a place to live in Zurich can be challenging due to the high demand for housing. It is advised to start your search in advance to give yourself enough time to find a suitable place. Research your options and budget carefully, as a variety of housing options are available, ranging from apartments, to flats and studios. Consider using a real estate agent or a relocation service to increase your chances of finding a place quickly. Online property search websites like Immoscout24, Homegate and Home.ch can also be helpful for listing available properties and getting an understanding of the local housing market. Ensure that you have your documents ready, such as employment contract, reference letter from your bank and proof of financial resources, which may be required during the tenancy application process," said one person in Zurich.

"We used All-in-One Swiss Relocation Services, which did a great job finding the appropriate place for us to live in," said one expat who made the move to Zurich.

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William RussellWilliam Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.
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What is a typical expat home or apartment like in Zurich?

"A typical expat home or apartment in Zurich will be modern, spacious and comfortable, with a high level of amenities. Generally, these apartments and homes feature a mix of contemporary decor and furnishing and classic design and living elements. There is usually a generous amount of space along with plenty of natural light, high ceilings and often access to a balcony. Common amenities and facilities include a fully-equipped kitchen, multiple bathrooms with modern and stylish fixtures, large closets and sometimes a separate laundry room. Many expat apartments also offer access to a shared pool, a gym and a range of concierge services. Parking, or at least a parking permit, is also often available," remarked one foreigner who made the move to Zurich.

"Share farm house. And no, I don't think this is normal, but it suited me very well. I think most expats would prefer the city. It was a share farm house with 2 blokes. However, take on board that public transport is very reliable and comfortable in Switzerland. Much better than my own country," explained one person living in Zurich, Switzerland.

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

Learn MoreGet Quote

William Russell

William Russell's private medical insurance will cover you and your family wherever you may be. Whether you need primary care or complex surgery, you'll have access to the best hospitals & doctors available. Unlike some insurers, we also include medical evacuation and mental health cover in our plans (except SilverLite). Get a quote from our partner, William Russell.

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What is the average cost of housing in Zurich?

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

"As in this share (country village) situation, it was cheaper. There is more competition for utilities than in my country (Australia). However, in my experience, renting a whole apartment was much more expensive than my home country," said one expat who made the move to Zurich.

"The cost of housing in Zurich is typically high, with rents in the city centre being among the highest in the world. Prices vary significantly depending on the size, condition, and location of the property, but average rents for apartments in the city are around 2,000-3,000 Swiss Francs per month," explained one foreigner living in Zurich, Switzerland.

Should I buy or rent a home in Zurich?

If you have not spent a lot of time in Zurich, 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 Zurich depends on your personal preferences and financial situation. Buying a home is often more expensive upfront, but you will benefit from building equity in a home and potentially taking advantage of tax benefits. On the other hand, renting can be less expensive and more flexible, allowing you the opportunity to move without needing to sell your home. Ultimately, the decision is yours depending on what best suits your needs," explained one expat living in Zurich, Switzerland.

What do I need to know when buying property in Zurich?

When we asked expats what advice they would give a foreigner before buying a property in Zurich, they said:

"When buying property in Zurich, it is important to be aware of the local laws and regulations. It is also important to research the local market and understand the current trends in the area. Additionally, it is important to be aware of the taxes and fees associated with purchasing property in Zurich, as well as any restrictions on foreign ownership. It is also important to be aware of the local infrastructure and amenities, as well as the availability of public transportation. Finally, it is important to be aware of the local culture and customs, as well as the language spoken in the area," explained one person living in Zurich, Switzerland.

Are foreigners allowed to own property in Zurich?

When we asked expats what advice they would give a foreigner before buying a property in Zurich, they said...

"Yes, foreigners are allowed to own property in Zurich. Non-Swiss citizens are able to purchase real estate in Switzerland, however, they must obtain a permit from the local cantonal authorities. This permit is usually granted if the buyer can demonstrate that they have sufficient financial resources to purchase the property and that they have a valid residence permit. Additionally, the buyer must also prove that they have a legitimate reason for purchasing the property, such as for their own residence or for investment purposes," explained one expat in Zurich.

What appliances are typically included in a rental?

We asked foreigners in Zurich what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included:

"Rental properties in Zurich typically include a refrigerator, stove, oven, dishwasher, washing machine, and dryer. Some properties may also include a microwave, toaster, and coffee maker," wrote one expat who made the move to Zurich.

Additional Information about Searching for a Home in Zurich:

We asked foreigners in Zurich what appliances are typically included in a rental, and, if there is anything else included or not included that a newcomer would not expect. Replies included...

"Expats searching for homes in Zurich can look online for listings on real estate websites, such as Immoscout24, Homegate, and ImmoStreet. Additionally, they can contact local real estate agents who specialize in helping expats find homes in Zurich. Expats can also search for homes in local newspapers and magazines, or attend open house events to get a better feel for the area," wrote one expat who made the move to Zurich.

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.

Snowfall on Lake Zurich, Switzerland
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