1 result - Building plot to buy in Novazzano

Synopsis

Over the past 3 years, the number of residents in Novazzano has remained stable at 2,346; there has been neither a decrease nor a rise in population.

Population data

The average income level is CHF 73,775.

49.9% of the population have an SEK II qualification, and 11.87% have a higher vocational training qualification. 13.35% are university graduates and 24.88% of residents are currently enrolled in compulsory schooling.

The area is characterised by high social standards and an educated population.

At present, 1.11% of the population is unemployed.

Taxes

The tax percentage is 10.69%. The actual percentage of tax paid differs from person to person and is based on factors including actual income, marital status and the total amount of deductions.

The tax burden for a childless, single person in Novazzano is 15.76%. On average, a married couple on a pension (over 65) pays 14.58%, a married couple with two children 6.05% and a couple without children 9.42%%.

Summary of the property market

New builds

73 new apartments have been created in Novazzano over the last 5 years.

One-room apartments account for 2 of the newly constructed apartments – an excellent option for people living alone.

The number of newly constructed 2-room apartments totals 13.

Additionally, 15 3-room apartments and 38 4-room apartments have been added to the local housing stock in recent years.

4 5-room apartments and one 6+ room apartment were also newly constructed.

Housing stock

Newly built dwellings have further increased the housing supply in the region, so that there are now a total of 1,324 apartments in Novazzano.

A total of 19 1-room apartments are available on the market.

In addition, there are 173 apartments with 2 rooms, 292 apartments with 3 rooms and 584 apartments with 4 rooms.

The stock of very spacious properties with 5 rooms includes 165 apartments, and there are 91 apartments with at least 6 rooms.

Unoccupied apartments

There is a 2.7% vacancy rate in Novazzano.

This means that 2.94% of the 2-room apartments,

3.85% of apartments with 3 rooms and

2.62% of the 4-room apartments are currently uninhabited.

The vacancy rate is 1.59% for apartments with more than 5 rooms and 4.49% for apartments with more than 6 rooms.

Housing market (letting only)

Rent prices for rental properties are, on average, around CHF 1,380 per month.

25% of the available rents are less than or equivalent to a monthly rent of CHF 1,142 (25th percentile).

Monthly rents are below CHF 1,622 (75th percentile), or they are equal to this average price.