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Additional information

Overview

The population of Massagno has grown by 6.86% in the last 3 years, to 6,575 inhabitants.

Demographics

On average, residents earn CHF 82,145 per year.

28.86% of the population have a university degree, 7.35% have completed higher vocational training, 37.27% have an SEK II qualification (school-leaving certificate or apprenticeship), 26.5% of residents are currently enrolled in compulsory education and 0.02% of the population did not indicate their highest level of education.

The current unemployment rate is 1.34%.

Taxes

The residential region has an overall tax rate of 11.32%. The actual proportion of tax paid differs from person to person and is based on factors including current income, marital status, the total amount of deductions and the like.

In Massagno, the rate of taxation is 16.69% for a childless, unmarried person. On average, a married couple on a pension (over 65) pay 15.42%, a married couple with two children 6.42% and a couple without children 9.99%%.

Summary of the property market

New buildings

New living space has been created in Massagno in the past 5 years. For example, 410 new apartments have been built.

A total of 12 1-room apartments have been constructed.

The number of newly built 2-room apartments is 168.

Living space for families has also been constructed: For example, 169 apartments with 3 rooms and 51 4-room apartments were added to the local housing stock.

A number of exceptionally spacious apartments with a minimum of 6 rooms were also added to the local housing supply: one apartment with 5 rooms was created, as were 9 apartments with a minimum of 6 rooms.

Housing stock

The new builds have created further housing in the area. There are a total of 4,159 apartments in Massagno.

A total of 423 1-room apartments are available on the market.

Additionally, there are 962 apartments with 2 rooms, 1,330 apartments with 3 rooms and 965 apartments with a full 4 rooms.

In total, there are 297 5-room apartments and 182 large apartments with at least 6 rooms.

Unoccupied apartments

There is a 3.98% vacancy rate in Massagno.

Of this number, 5.69% of 1-room apartments,

5.55% of the apartments with 2 rooms,

4.72% of apartments with 3 rooms,

2.06% of the apartments with 4 rooms

and 1.06% of apartments with 5 rooms are currently vacant.

Apartments with more than 5 rooms have a vacancy rate of 1.09%; 1.15%% of this figure refers to apartments with more than 6 rooms.

Property market (rental only)

The average rental price for properties is CHF 1,460.

25% of the rents on the market are cheaper than or equivalent to a monthly rent of CHF 1,295 (25th percentile).

In addition, 75% of all monthly rents are less than or equal to CHF 1,730.