Swiss property market benefits from exchange rate environment

While the SNB’s intervention was primarily driven by the need to protect manufacturing interests and prevent unemployment, the property market is convinced of a positive knock-on effect.   Head of International Sales, Penny Mosgrove, says, “Over the past year, rising prices in Switzerland saw many buyers from the eurozone effectively priced out the market. This latest development has restored confidence and we expect to see an increase in enquiries for Swiss properties.”   “Although Switzerland still remains expensive in comparison to similar locations in Austria and France, it remains...