More and more couples are living together in Switzerland. If you're thinking of buying a property with your partner, it's important to be well prepared. Here are a few tips:
1. Set common goals.
Before you embark on a property purchase, it's important to make sure you have common goals. Do you want to live in the same house for a long time? Do you have plans for marriage or children? Once you've defined your goals, you can start looking for a property that's right for you.
2. Prepare your budget.
Buying a property requires a substantial budget. You need to take into account the price of the property, notary fees, mortgage fees, maintenance costs and taxes. Make sure you have enough money set aside to cover all these expenses.
3. Do your research.
Buying real estate is a major investment, so it's important to do your research before you take the plunge. Find out about the real estate market, the different types of mortgage and the costs involved in buying a property.
4. Get professional help.
If you're not sure, don't hesitate to ask a professional for help. A real estate broker or notary can guide you through the process and advise you on the best decisions to make.
5. Be flexible.
The real estate market is volatile, so it's important to be flexible in your search. If you don't find the perfect property, don't be discouraged. Keep searching and you'll eventually find something that suits you.
The personal aspects of buying property with a partner
Buying property as a cohabiting couple has many advantages, but also a few disadvantages.
Advantages:
- You can build a shared life project with your partner.
- You can benefit from tax advantages.
- You can have a sense of security and belonging.
- You can save on rent.
Disadvantages:
- You need to agree on important decisions, such as the choice of property, financing and maintenance.
- You must be prepared to assume the risks in the event of separation.
- You need to be aware of the legal consequences in the event of your partner's death.
If you're thinking of buying a property as a cohabitee, it's important to weigh up the pros and cons before taking the plunge.
The financial aspects of buying property while cohabiting
When buying a property as a cohabitee, you need to consider the following financial aspects:
- The price of the property
- Notary fees
- Mortgage fees
- Maintenance costs
- Taxes
If you are not married, you cannot benefit from the same tax rules as married couples. To avoid unpleasant surprises, it's important to find out which tax system applies to your situation.
The legal aspects of buying real estate while cohabiting
When buying a property as a cohabiting couple, you should also consider the following legal aspects:
- Rights and obligations in the event of separation
- Inheritance in the event of death
It is important to draw up a written contract to clarify the rights and responsibilities of each party in the event of separation, sale of the property or other potential situations. This agreement can be drawn up in consultation with a lawyer or notary to ensure that it is legally sound and tailored to the partners' specific situation.
Do you have any questions? Don't hesitate to write to us - we'll be happy to advise you!
