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Luxury buildings alps: despite shortage:
ThoseMega real estate in the Alps
Luxury villas for foreign super rich are created here – despite housing shortage
In tourism hotspots such as St. Furthermore, Moritz and Gstaad, impressive new buildings are continuously raised, secondary apartment law or not. However, In the meantime, locals hardly find an apartment.
With this villa in St. Nevertheless, Moritz. Nevertheless, the larger part of the building is in the ground – there are still swimming pool, wellness area, home theater and car carages in the UG.
Photo: Clara Neugebauer
- St. Therefore, Moritz approves the construction of a ten -story luxury villa with seven underridden as an initial apartment.
- Flat -taxed foreigners are considered potential buyers of exclusive mining properties.
- Mayor Jott Jenny plans 350 affordable apartments for locals in parallel.
The Via Serlas is the shopping mile of St. For example, Moritz. Moreover, Furniture, jewelry, wines, delicacies, couture and bags are advertised in the shop windows. Nevertheless, Luxury brands such as Giorgio Armani, Gucci, Bulgari, Valentino, Chopard or Cartier have branches here. In addition, The 5-star Luxus hotel Badrutts Palace is also part of the Via Serlas.
A slightly away from the shopping hustle. Consequently, bustle is a striking new building with a stone facade, floor-to-ceiling luxury buildings alps: despite shortage windows and glass balconies. Similarly, Here is a bucket, there is still a cable roll – the family home soon seems ready to move into. Furthermore, At least the three floors that can be seen from the street. However, The special thing about the villa is: As with an iceberg, the larger part of the rooms remain hidden underground. Nevertheless, The whole house comprises 10 floors. Therefore, In the seven bases there are. Moreover, among other things, a swimming pool with a wellness area, a fitness room, a home cinema and a car adjustment hall.
The future residents of the villa will have this view of St. In addition, Moritz and the lake in the Via Serlas.
Photo: Clara Neugebauer
The client is a 70-year-old hotel entrepreneur from the Engadine. Therefore, In spring 2018, he got a permit from the municipality of St. Meanwhile, Moritz to build a two -family house on Via Serlas. In addition, When the municipality found that the building fabric deviated from the permit, a construction stop was temporarily imposed.
The man then revised his request. In addition, He newly stated that she wanted to build a single -family house. Furthermore, The luxury buildings alps: despite shortage municipality again granted him the permit for this – but on the edition that the house must be. However, used as an initial apartment.
Only: Which locals can afford to live in a ten -story luxury temple?
Luxury buildings alps: despite shortage
The second home initiative. its consequences
This question has had to do that in recent months Federal Supreme Court in Lausanne occupy. A neighbor made an objection to the construction project because he sensed a bypass of the second home ban. A few years ago. it would have been out of the question that there were potential buyers for luxury buildings such as the Via Serlas. Until 2016, the luxury shells and villas in places such as St. Moritz, Gstaad or Verbier were built to dozens. Wealthy from home and luxury buildings alps: despite shortage abroad bought the best properties on the slopes and realized their alpine living dreams.
Then came the gamechanger: the second home initiative. Against the resistance of the parliament. the affected mountain cantons, the population of the popular initiative in 2012 had agreed with 50.6 percent. Since then. the law, which came into force in October 2016, stipulates that only initial apartments can be built in municipalities with a second home share of over 20 percent.
For places such as St. Moritz, where the second home share is over 50 percent, this new legislation was a turning point. The local trade – from the real estate dealer to the craft business – suddenly saw its business model. which has been built for decades, with the super rich.
As the example of Via Serlas luxury buildings alps: despite shortage shows, the industry adapted to the new circumstances. As part of the building application, the municipality of St. Moritz had an expert opinion drawn up by a real estate company in Zurich in order to prove the. need for first apartments in the luxury segment. The Zurich real estate specialists came to the conclusion that there is actually this need.
The demand is primarily based on foreigners who live here as a flat -rate tax. “90 flat -rate persons in St. Moritz illustrate the potential for demand for the purchase of luxury properties as a first residence,” says the report.
Luxury buildings alps: despite shortage
Who are the super rich?
Relatively little is known about flat -rate taxes living in Switzerland. By 2018, the conference of the cantonal financial directors (FDK) regularly published reporting. In luxury buildings alps: despite shortage the last count in 2018. there were 4557 flat -rate people in Switzerland who, together, generated a tax yield of CHF 821 million. Since then there has been blind flight. “The FDK has decided not to publish any more taxation on the effort,” said Deputy Secretary General Simon Berset. On request, the federal tax administration also says that you have no numbers. So the federal government does not know exactly how many flat -rate taxes live in the country.
However, the business with tax privileges also seems to flourish beyond the Engadine. A case from Gstaad. which is also shown, shows that flat -rate -controlled target customers are new luxury buildings Reichenmekka in the Bernese Oberland.
At the southern end of the village, the Wispilenstrasse leads the mountain up. Several billionaires live on this residential area with luxury buildings alps: despite shortage fantastic views. Two single -family houses. an apartment building are to be built on a property at the upper end of the street – with indoor pool, fitness, wellness and cinema. The two single-family houses should ever offer 1300 square meters of residential and secondary users. Because in the municipality of Saanen. to which Gstaad belongs, the second home contingent has long been exhausted, the two houses have to be sold as first residence.
On the Gstaader Promenade, one noble boutique is also part of the other.
Photo: Franziska Rothenbühler
Today’s owners – a community of heirs – explicitly stated as a target customer of their project. as can be seen from court documents. Because several resident complaint against the construction project submitted, this procedure recently landed before the Federal Supreme Court. In this case, the Lausanne judges were skeptical.
The municipality of Saanen. the canton of Bern could not convincingly demonstrate the need for first apartments in the top luxury segment. Above all. the court complained that the authorities did not provide any information on how many flat -rate taxes live in the municipality of Saanen. Therefore, they delegated the procedure for the new assessment to the Bern Administrative Court.
Luxury buildings alps: despite shortage
And the locals?
The two construction projects are also explosive. because both in the Engadine and in the Saanenland the local population From an acute housing shortage is affected. The lack of affordable living space has once again exacerbated the second home initiative. This conclusion comes a monitoring, which the Federal Office for Spatial Planning 2023 commissioned.
This is because living space created before 2016 – so -called “old law. apartments” – can still be reused in second apartments. However, locals have little chance on the free market against the wealthy customers from the lowlands. The federal study shows that between 2016 and 2021 more first apartments were converted into second apartments than new ones were built. And this newly created living space in the tourism destinations is often not aimed at locals – as luxury buildings alps: despite shortage the. examples from St. Moritz and Gstaad show.
What do the municipal managers do against this development? “As a community. we try to do everything so that we can build new living space for the local population,” says Christian Jott Jenny, Mayor of St. Moritz. Or more briefly formulated: “We build what we can do.” In the few plots belonging to the municipality. between 200 and 350 affordable apartments for locals are to be built in the next four to six years. Whereby delay the construction in some projects.
Christian Jott Jenny was elected Mayor of St. Additionally, Moritz in 2019.
Foto: Mayk Wendt (Keystone)
New apartments are planned. but at the same time the municipality loses first apartments annually, which can still be converted into second apartments under old law. “And here you have to say that the population also has a complicity in the sale of residential property. ” said Jott Jenny. Because “the locals do not sell these apartments as an initial apartment to the ski instructor. but – if possible – prefer to go to a wealthy buyer as a second apartment”.
Luxury buildings alps: despite shortage
No bypass of the second apartment law
And the villa in Via Serlas? How firm is it a thorn in the side of the population seeking housing? «Anyone who lives in St. Moritz is used to the fact that villas are built. This is part of the game. You live on it, »says Jott Jenny.
After temporary construction stops have always occurred during the procedure. the house on the Via Serlas can now be completed as planned. The Federal Supreme Court came to the conclusion that use as a first apartment in the luxury segment is realistic.
For the time being, it remains unclear who will live in the house. Furthermore, The owner was unavailable for comment.
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