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Abstract

Andermatt has a population of 1,538. This amounts to an increase of 7.33% over the last 3 years.

Demographic data

On average, residents earn CHF 84,360 per year.

15.18% of the population are university graduates, 15.35% have a higher vocational education qualification, 52.19% have an SEK II qualification (school-leaving certificate or apprenticeship) and 17.19% are currently enrolled in compulsory education.

The region is prestigious thanks to its high social standards and educated population.

At the time of reporting, 0.46% of the population is unemployed.

Taxes

The tax rate in the area is 10.93%. Income, marital status and deductions are among the factors that affect the actual tax burden.

In Andermatt, the tax percentage for childless, single individuals is 14.04%. A married couple on a pension (over 65) pays an average of 14.16%, a couple with two children 7.49% and a childless couple 10.43%%.

Summary of the property market

New builds

439 new apartments have been created in Andermatt in the past 5 years.

A total of 69 1-room apartments have been constructed.

There are also a total of 168 new 2-room apartments.

In addition, 147 3-room apartments and 46 4-room apartments have been added to the local housing stock in recent years.

6 apartments with 5 rooms and 3 apartments with at least 6 rooms have been added to the supply on the housing market.

Housing stock

Andermatt now has a total of 1,970 apartments, following additional growth in the local housing supply as a result of new construction.

One-room properties comprise a total of 191 apartments in the area.

In terms of medium-sized to large apartments, the housing supply includes 648 apartments with 2 rooms, 455 3-room apartments and 133 with 4 rooms.

The stock of very large properties with 5 rooms comprises 133 apartments, and there are 69 apartments with at least 6 rooms.

Empty apartments

There is a 0.15% vacancy rate in Andermatt.

Consequently, 0.52%% of 1-room apartments and

0.42% of apartments with 2 rooms are presently vacant.

Property market (letting only)

An average of CHF 1,365 is required to rent a property.

25% of the rents on the market are cheaper than or equivalent to a monthly rent of CHF 985 (25th percentile).

75% of monthly rents are less than CHF 1,700 (75th percentile), or they are equal to this average price.