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Summary

The population of Chiasso has fallen by 4.37% in the past 3 years and now numbers 7,420 inhabitants.

Demographic data

The average yearly income level is CHF 57,855.

34.28% of residents are currently enrolled in compulsory education, 41.98% have an SEK II qualification, 8.59% have a higher vocational education qualification and 15.16% of the population have a university degree.

As a result, the region has high social standards.

Approximately 1.98% of the population is currently unemployed.

Taxes

The overall tax percentage is 12.01%. This varies on an individual basis and is based on income, marital status and the total amount of deductions, among other factors.

Married couples on a pension (over 65) pay an average of 16.32% tax in Chiasso, married couples with two children 6.82% and couples with no children 10.6%%. The rate of taxation for an unmarried person with no children is 17.69%.

The property market in general

New buildings

205 new apartments have been created in Chiasso over the last 5 years.

One-room apartments comprise 10 of the new builds – ideal for singles.

A total of 107 new 2-room apartments have additionally been constructed.

59 new apartments with 3 rooms and 20 apartments with 4 rooms were also built in the area.

8 5-room apartments and one 6+ room apartment were also newly created.

Housing stock

Thanks to new construction, the housing stock in Chiasso has increased, and there are now a total of 5,568 apartments.

The total number of 1-room apartments is 478.

There are also 1,211 apartments with 2 rooms, 2,052 apartments with 3 rooms and 1,323 apartments with 4 rooms.

There are 332 5-room apartments and 172 large apartments with 6 or more rooms.

Unoccupied apartments

The rate of uninhabited apartments in Chiasso is 12.31%.

This means that 11.18% of the 1-room apartments,

16.08% of apartments with 2 rooms,

13.83% of the apartments with 3 rooms,

10.13% of 4-room apartments

and 3.79% of 5-room apartments are empty.

The vacancy rate for apartments with more than 5 rooms is 3.95%; 4.27% of those vacant properties are apartments with at least 6 rooms.

Housing market (rental only)

Rental properties are offered at an average rent of CHF 1,090 per month.

In terms of the available rents, a quarter of them are equal to or lower than a monthly rent of CHF 900.

Finally, 75% of monthly rents are cheaper than CHF 1,250, or are equivalent to this amount.