Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
I am looking to buy an apartment at around CHF 1,000,000.
I have 10% in my own funds and 10% in the pension fund.
Can I take a mortgage with 20% down for an apartment that I would like to rent it out?
Hi there,
Swiss retirement savings must not be used for investment property. Consequently, you may not use money from the pension fund for a property that you rent out.
Furthermore: Even for owner-occupied residential property, a total equity of 20 per cent would be very tight. This is because within a maximum of 15 years you would have to be able to fully amortise the second mortgage of approximately 150,000 Swiss francs.
Best regards from Moneyguru
