The world of exclusive living.

Switzerland – and the large urban centres in particular – is suffering from a growing shortage of affordable housing. Ten major property associations have therefore founded the “Bund für mehr Wohnraum” (Federation for more housing). This organisation is committed to a fair, well-functioning housing market, effective and sustainable measures to combat the housing shortage and the construction of sufficient new flats in Switzerland.

According to the Raiffeisen Transaction Index, prices for single-family homes rose by 1.3 per cent in the second quarter of 2024, while prices for condominiums increased by 0.5 per cent. Compared to the second quarter of 2023, single-family homes now cost 3.8 per cent more and condominiums 2.4 per cent more.

In the global marketplace for luxury real estate, just what does US$20 million buy? That’s the multimillion-dollar question posed for this edition of Luxury Defined. They have reached the lofty neighborhood of US$20 million. Read on, and open a few doors: It’s a rather splendid neighborhood, isn’t it?