CI-Léman answers

What total budget should you plan beyond the purchase price in Geneva?

On top of the price, allow around 4 % in acquisition costs (3 % registration duty, land registry and notary) and, if you borrow, the mortgage note, at around 2.5 % of its amount. You also need at least 20 % equity.

The answers are published in French.

On top of the price, allow around 4 % in acquisition costs (3 % registration duty, land registry and notary) and, if you borrow, the mortgage note, at around 2.5 % of its amount. You also need at least 20 % equity. Casatax can reduce the duties for an eligible main residence. Example for a property at CHF 1'000'000: around CHF 40'000 in acquisition costs and CHF 20'000 for the mortgage note (borrowing CHF 800'000), on top of CHF 200'000 in equity. Main residence eligible for Casatax: the duties fall by around CHF 21'000 and the mortgage note costs by half. Total costs drop from around CHF 60'000 to CHF 29'000.

What total budget should you plan beyond the purchase price in Geneva? · CI-Léman