Rents are rising – or are they?
Rents are rising – or are they?
Rents are rising – or are they?
The impact of the current economic and political situation on rent increases in Switzerland in 2023
In Switzerland, a landlord can increase the rent if he has a justified reason for doing so and the increase is reasonable. The amount of the rent increase depends on various factors, including the general housing market situation, the location of the flat and the amount of the current rent. The tenant must be notified in writing of a rent increase at least three months in advance. In certain cases, a rent increase may be inadmissible, e.g. in the case of modernization-related rent increases if the modernization work does not meet the legal requirements.
As a landlord in Switzerland, you have the right to increase the rent under certain conditions. A reasonable rent increase can help offset the cost of maintaining your property and increase your return on investment. Our experts in landlord-tenant law can help you implement a lawful rent increase and ensure that you comply with the law in the process.
Will rents increase in 2023?
It is difficult to make a general statement about whether rents in Switzerland will rise in 2023 or not. Rental prices can be influenced by various factors, such as demand and supply on the housing market, the general economic situation or political decisions. While there may be an increase in rents in some regions of Switzerland, there may be a decline or stagnation in other regions. Ultimately, whether rents rise in 2023 depends on a number of factors.
If you are unsure or have further questions about rent increases in Switzerland, please do not hesitate to contact us. Our experts in landlord and tenant law are available to help you with any questions or concerns you may have about rent increases.
Schedule a consultation with us today and let our experts advise you. Contact us now by phone (052 503 10 00), e-mail (info@oswald-sorge.ch) or via our contact form and arrange your personal consultation appointment. We look forward to hearing from you!
