[ad_1]
Ever since investor Samih Sawiris (63) in the mountain village of Uri Andermatt touched him with a big ladle, his ever-growing vacation spot has been in the headlines. The lighthouse is The Chedi, one of the most luxurious hotels in Switzerland. Well used, even in the Corona crisis.
The fact that so many wealthy tourists flock to Urserental boosts demand for the vacation apartments Sawiris sells there. As a spokesperson confirmed in a report from the “Sonntagszeitung”, the sale of holiday apartments is going well.
Vacation guests are apparently giving it a try, and because the corona pandemic never ends, they are looking for a permanent place to stay in their vacation home.
Prices up to 6 million for the vacation home.
That can cost something too. Prices for the Sawiris apartments range from 350,000 to 5 million Swiss francs. For a 6.5-room duplex apartment, buyers can get up to 6 million francs with their free choice of interior accessories.
According to the Sunday newspaper, the wealthy in China and Hong Kong are taking hold for the first time. “We have many more buyers from China, Hong Kong and Singapore,” says a spokesperson. The suspicion: you want to keep your money safe.
“After all, who from Beijing, Shanghai and Hong Kong is buying an expensive apartment in faraway Switzerland that can hardly be visited given the distance?” Asks the “SonntagsZeitung”.
One thing is clear: real estate is a popular investment in uncertain times. In Switzerland, investors can also benefit from the safe Swiss franc. (aurochs)
