Overseas property news - Swiss luxury property market climbs fast

Swiss luxury property market climbs fast

Switzerland is emerging as one of the world’s strongest luxury residential markets with high growth potential says a new report out from global agency Knight Frank this week.

“Nearly a quarter of the Swiss population will be millionaires by 2020,” says Knight Frank and only Hong Kong and Singapore now have a higher density of millionaires.

Knight Frank told OPP that Switzerland's attraction lies in its lifestyle offering, as well as in its economic performance and its reputation as a safe haven.

Knight Frank also points out that Switzerland’s leading cities have also been ranked higher than a number of key western and Asian economies in relation to education, tax and security.

Source: OPP.org.uk

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