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Modernized 3.5-room apartment in the heart of Glis

Overview

  • Apartment
    Type
  • 3.5
    Rooms
  • 90 m²
    Living Space
  • 1
    Bathroom
  • 1900
    Year Built
  • 1409
    Property ID

Description

This renovated 3.5-room apartment is located in a central location, near the village square of Glis. The apartment offers plenty of space on 90m² of living area for individual design and impresses with its modern, timeless style. The building dates from 1900, but has been maintained in excellent condition through continuous renovations. The apartment is on the second floor and is easily accessible via the stairwell.

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What this means in Switzerland

Who may acquire this property

Eligibility depends on your residence status, not on your nationality alone.

Your situation
Swiss national, or C permit holder
No authorisation required
EU / EFTA national resident in Switzerland
No authorisation required
Non-EU national with a B permit
Primary residence only, and must be occupied
Resident abroad
Holiday home only, in a designated commune, under quota

The seller has not declared a status for this listing. Holiday-home designation is decided commune by commune, and the cantonal authority issues the binding decision.

What a Swiss bank will require

Affordability is tested at a theoretical 5% rate, not at the rate you would actually pay.

Equity (20%)
CHF 77’600
Of which outside your pension fund
CHF 38’800
Acquisition costs, Valais (2.6%)
CHF 10’088
Cash required at signature
CHF 87’688
Minimum gross annual income
CHF 69’762
Imputed monthly charge
CHF 1’918

At an indicative market rate your real monthly outlay would be closer to CHF 1’013. Commonly split 50/50 between buyer and seller by contract.

Can you finance it? Check with your own figures

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Savings, 3rd pillar, gifts and pension fund combined.

Enter your equity and income to see whether this property is within reach.

  • Equity incl. acquisition costs – / CHF 87’688
  • Equity outside your pension fund – / CHF 48’888
  • Imputed charge / gross income – / 33 %

Features

The neighbourhood

Nearest public transport stop Glis, Holzji 20 min walk

Door to door by public transport

  • Bern1 h 49
  • Fribourg/Freiburg2 h 22
  • Lausanne2 h 39
  • Neuchâtel2 h 52
  • Zürich HB2 h 54
  • Basel SBB2 h 56

Weekday departure at 07:00, walking time to the stop included. Source: Swiss public transport timetable.

  • City: Glis
  • Canton: Valais
  • Zip/Postal Code: 3902
  • Country: Switzerland

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