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Abstract

The number of residents in Veytaux has grown to 975 over the past 3 years. This amounts to a population increase of 5.98%.

Demographic data

Average income is CHF 69,325.

In the region, 25.91% of the population have a university degree, 9.08% of residents have completed higher vocational training, 45.4% have an SEK II qualification (school-leaving certificate or apprenticeship) and 19.61% are currently in compulsory education.

The total unemployment rate is 1.95%.

Taxes

Overall, the tax rate in the region is 15.18%. The individual percentage of tax actually paid will vary and is based on aspects including current income, marital status, the overall level of deductions and the like.

Retired, married couples (over 65) pay an average of 19.76% tax in Veytaux, married couples with two children 10.1% and couples without children 14.34%%. The tax percentage for a single person with no children is 20.65%.

The property market in general

New builds

27 new apartments have been created in Veytaux over the last 5 years.

One of the new builds has one room.

There are also a total of 7 new 2-room apartments.

14 3-room apartments and 3 apartments with 4 rooms were also constructed.

The number of more spacious apartments also rose: one 5-room apartment and one apartment with 6 or more rooms were built.

Housing stock

The new builds have contributed to a further expansion of the housing supply, and there are now 695 apartments in Veytaux.

A total of 127 1-room apartments are available on the housing market.

Additionally, there are 124 apartments with 2 rooms, 222 apartments with 3 rooms and 132 apartments with a full 4 rooms.

Finally, 55 5-room apartments and 35 spacious apartments with a minimum of 6 rooms are available in the region.

Empty apartments

The vacancy rate in Veytaux is 9.54%.

This means that 15.87% of the 1-room apartments,

10.57% of all 2-room apartments,

12.22% of the 3-room apartments and

3.05% of the apartments with 4 rooms are presently empty.

Apartments with more than 5 rooms have a vacancy rate of 2.22%; of that number, 5.71% are apartments with more than 6 rooms.

Property market (letting only)

Rental properties are offered for prices averaging around CHF 1,566 per month.

Consequently, 25% of all rents on offer are cheaper than or equivalent to a monthly rent of CHF 1,280 (25th percentile).

75% of monthly rents are lower than CHF 1,995 (75th percentile), or they are equal to this average price.