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Synopsis

Paradiso has grown by 7.46% in the last 3 years and now has 4,624 inhabitants.

Population statistics

Average income is CHF 100,605.

Of the population, 27.28% have a university degree, 8.76% have completed higher vocational education, 36.71% have an SEK II qualification (school-leaving certificate or apprenticeship) and 27.28% are currently completing compulsory schooling.

The unemployment rate currently stands at 1.56%.

Taxes

Overall, the tax rate in the area is 10.53%. The individual proportion of tax actually paid will vary and depends on factors including actual income, marital status, the total amount of deductions and so on.

The tax percentage for a childless, single person in Paradiso is 15.53%. On average, a married couple on a pension (over 65) pays 14.37%, a married couple with two children 5.96% and a childless couple 9.28%%.

Summary of the property market

New construction

329 new apartments have been built in Paradiso over the past 5 years.

The 21 1-bedroom apartments are perfect for singles.

A total of 72 new 2-room apartments have also been constructed.

150 3-room apartments and 65 apartments with 4 rooms were additionally built.

For people looking for more living space, 16 5-room apartments and 5 apartments with a minimum of 6 rooms have been created.

Housing stock

The newly built dwellings have created more housing in the region. There are a total of 3,510 apartments in Paradiso.

In terms of 1-room apartments, a total of 575 properties are available.

In addition, there are 923 apartments with 2 rooms, 1,029 apartments with 3 rooms and 711 apartments with 4 rooms.

In total, there are 161 5-room apartments and 111 large apartments with 6 or more rooms.

Vacant apartments

The vacancy rate in Paradiso is 3.81%.

Of this total, 4.32% of 1-room apartments,

3.59% of apartments with 2 rooms,

4.83% of the 3-room apartments,

2.91% of apartments with 4 rooms

and 3.21% of the 5-room apartments are currently uninhabited.

6-room apartments have a vacancy rate of 1.9%.

Housing market (letting only)

The average rental price for a property is CHF 1,350.

A quarter of rents are less than or equivalent to a monthly rent of CHF 1,070 (25th percentile).

Monthly rents are less than CHF 1,650 (75th percentile), or they are equal to this average price.