Whats the price of buying a flat /house

Geneva happens to be one of the most expensive cities when it comes to buying property.
Look for yourself at www.immoscout24.ch for offers and prices.

The good news: interest rates for mortgages are at a historic low. A mortgage for less than 1% interest is no exception at the moment. Banks will make the following restrictions on mortgages:
- Max 80% of the value of the real estate can be financed by a mortgage
- Your income should be high enough. General rule: the costs of the flat (1%-2% of the value of the flat for covering maintenance costs, plus the mortgage interest at a fictive rate of about 5%, even if the actual rate is only 1%) shouldn't extend a third of your net income. Net income is
Example: if you want to buy a flat of 1'000'000 CHF, you need to bring 200'000 CHF of your own, and you can get a 800'000 CHF mortgage. Your yearly costs will be 10'000-20'000 CHF for maintenance plus (fictive) 5% of the mortgage (40'000, assuming you need the full 800'000), also 50'000-60'000, so your net income should be at least 150'000-180'000 CHF a year.