The mountain resort of Verbier is the most expensive place in the Alps for second homes, including high end resorts in other Alpine countries.
The latest UBS Alpine Property Focus Report shows on average a property in Verbier will cost CHF 21,500 per square metre, next is St Moritz at 21,200 and third, Zermatt at CHF 19,900.
Although price rises have been strong over the last 5 years – on average – 30%, UBS analysts suggest the market will stagnate this year as international demand is low.
Heavy snow causes chaos
Heavy snowfall across central parts of the country brought chaos, cancelled trains, blocked roads and children building snowmen on the autoroute.
Geneva car tax issue dominates Grand Council
Although it wasn’t on the agenda for last night’s meeting of the Geneva Grand Council, the issue of the new vehicle tax dominated proceedings.
Franc strongest against euro
It’s good news for cross border shopping and frontaliers – the franc has reached its highest level against the Euro.
SRG/SSR faces massive cuts
Are the days numbered for public service broadcasting?
People now back nuclear power
A new survey suggests public opinion towards nuclear power has changed dramatically.
4m e-vignettes sold
Four million people last year chose to forgo the sticky mess of a vignette on their car and bought an electronic one instead.
