Real estate prices in Switzerland have continued to rise sharply, with several Alpine communities ranking among the most expensive property markets in the world, according to a new index published by UBS on May 7.
At the top of the global list is St. Moritz, where residential property prices reach approximately 52,000 Swiss francs per square meter. This places the famous Alpine resort ahead of luxury destinations such as Monaco, which ranks second, and New York City, which ranks eighth.
Several other Swiss Alpine destinations also dominate the global rankings. Gstaad and Verbier rank fourth and fifth respectively, highlighting the continued surge in demand for luxury real estate in the Alps.
Among Switzerland’s major cities, Zurich ranks seventh, while Geneva ranks eleventh, remaining among Europe’s most expensive real estate markets.
The UBS report notes that strong demand for properties in Alpine regions, combined with limited supply, continues to drive prices to record levels.
