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

By Betsy Burlingame

Last updated on Jan 16, 2024

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

Cigna Global Health
Cigna Global Health
Cigna Global Health
Cigna Global Health

How do I find a place to live in Neuchatel?

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

"Finding a place to live in Neuchatel 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 good resource is local newspapers. The "Housing" or "Real Estate" sections often have listings for available properties. You can also check bulletin boards in local supermarkets or community centers. If you're moving to Neuchatel for work, your employer may be able to assist you in finding accommodation. Some companies even have dedicated relocation services. You can also consider hiring a real estate agent. They can help you navigate the local market, arrange viewings, and handle negotiations with landlords. However, this service usually comes at a cost. Once you've found a potential place, arrange a viewing to inspect the property. Make sure to check the condition of the property and ask about any additional costs such as utility bills or maintenance fees. If you're satisfied with the property, you can then proceed to sign a lease agreement. Make sure to read the contract carefully and understand all the terms and conditions before signing. It's also advisable to get a copy of the contract in English if it's not your first language. Finally, once the lease is signed, you'll usually need to pay a security deposit and the first month's rent. After that, you can move into your new home in Neuchatel," remarked one foreigner who made the move to Neuchatel.

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SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

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SJB GlobalSJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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What is a typical expat home or apartment like in Neuchatel?

"A typical expat home or apartment in Neuchatel, is often located in a quiet, residential area, surrounded by beautiful landscapes. These homes are usually modern and well-maintained, with a blend of traditional Swiss architecture and contemporary design. They often feature spacious living areas, fully equipped kitchens, and comfortable bedrooms. Many apartments also come with balconies or terraces, offering stunning views of the lake and the Alps. The homes are usually furnished, but unfurnished options are also available for those who prefer to bring or buy their own furniture. Amenities such as high-speed internet, laundry facilities, and parking spaces are typically included. Some upscale apartments may also have access to communal facilities like a gym, swimming pool, or garden. The homes are often close to public transportation, making it easy for expats to commute to work or explore the city. Despite being in a foreign country, the welcoming and safe environment of Neuchatel makes these homes feel like a true home away from home," said one person in Neuchatel.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

SJB Global

SJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.

Learn MoreConnect

Click connect to have our partner contact you via e-mail and/or phone.

What is the average cost of housing in Neuchatel?

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

"The average cost of housing in Neuchatel can vary greatly depending on the type and size of the property. For a one-bedroom apartment in the city center, the monthly rent can be quite high, while a similar apartment outside the city center may be significantly cheaper. If you're looking to buy property, the price per square meter can also be quite steep in the city center, but less so outside of it. Keep in mind that these are average prices and actual costs may vary," remarked one member in Neuchatel.

Should I buy or rent a home in Neuchatel?

If you have not spent a lot of time in Neuchatel, 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 Neuchatel, largely depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Neuchatel for a long period, buying a home could be a good investment. Owning a home allows you to build equity over time and could provide financial stability in the future. However, buying a home also comes with significant upfront costs, including a down payment, closing costs, and maintenance expenses. It also requires a long-term commitment, as selling a home can take time and effort. On the other hand, renting a home in Neuchatel offers more flexibility. It's a good option if you're not sure how long you'll be staying or if you prefer not to deal with the responsibilities of homeownership. Renting can also be more affordable in the short term, as it doesn't require a large upfront investment. However, when you rent, your monthly payments don't contribute to building equity, and you may face annual rent increases. You also have less control over your living space, as you can't make significant changes without the landlord's permission. In conclusion, both buying and renting have their pros and cons. It's important to carefully consider your financial situation, lifestyle, and future plans before making a decision. Consulting with a financial advisor or real estate professional can also be helpful," said one expat who made the move to Neuchatel.

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.

SJB Global
SJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

SJB GlobalSJB Global

SJB Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model.
Learn More

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