St. Moritz: Demand for top properties remains high


The residential property market in St. Moritz saw stable development in 2018. The reason for this is the continued high demand for premium properties from buyers both in Switzerland and other European countries. “St. Moritz is one of the most exclusive winter sports resorts in the world. Its attractive setting amidst the lakes of the Engadine Valley means properties here in very good locations and with very high-quality amenities are still commanding top prices,” said Barbara Jost-Derksen, Licence Partner and Managing Director of Engel & Völkers in St. Moritz.

The Suvretta hillside is most expensive residential address in St. Moritz

One of the top locations remains the Suvretta-Hang, or Suvretta hillside, on the south side of Piz Nair, the mountain overlooking St. Moritz. Substantially sized homes here in a traditional Engadine style are highly sought after. Properties of this kind reached prices of up to 50 million Swiss francs (approx. 44 million euros) in 2018. In the same period, freehold apartments on the Suvretta hillside reached prices per square metre of up to 27,000 Swiss francs (approx. 24,000 euros). Residential properties in St. Moritz Dorf, or St. Moritz Village, are also extremely desirable. Clients are looking for top-quality houses or freehold apartments here in locations such as Via Tinusand Via Brattas. Buyers’ attention is also shifting increasingly to the surrounding municipalities. These include Sils, Celerina, Silvaplanaand Pontresina, where sale prices for luxury properties were also very high in 2018.

Most international buyers come from Italy and Germany

In St. Moritz, interested buyers are looking for real estate either for their own private use or as a stable capital investment. Their most important purchase criteria are a peaceful, secluded location with unobstructed Alpine views, exclusive fittings and amenities, and a high degree of privacy. Foreign buyers are particularly active on the market at present. In 2018, the share of international clients in St. Moritz was around 30 percent. The majority of buyers come from Germany and Italy. Acquiring a property in the Engadine region comes with restrictions for international buyers however. They are only permitted to purchase homes with a maximum net living space of 200 square metres. “Besides our foreign clientele, we are currently registering a return of domestic buyers to the Engadine,” said Barbara Jost-Derksen.

Outlook: A good time to invest in luxury real estate

Engel & Völkers forecasts that premium property prices will also remain high throughout 2019. Generational change is having an impact on the market too. “We are seeing increasing numbers of elderly owners selling their properties. The availability of homes on the market means now is the ideal time to invest in property in St. Moritz as a sound asset,” Barbara Jost-Derksen revealed. In addition, domestic and international buyers regard St. Moritz as an attractive year-round destination with its diverse sports facilities, well-developed infrastructure and long winter sports season.

Abode Affiliates

  • Alleyne Real Estate
  • Blevins Franks
  • Coldwell Banker
  • Crane Resorts
  • Monaco Real Estates
  • RDO
  • St Francis Links
  • Unique Home Stays
  • Yoo
  • Worldwide Dream Villas
  • Enigma Yachts Limited
  • Cornerstone Tax Advisors
  • Pedini London
  • Alexander James
  • Moore Stephen
  • Ibiza Transit Express
  • Oyster Yachts
  • Jumeirah
  • Wall Street Luxury
  • Heron Real Estate
  • Edenhurst
  • MG&AG
  • Gama Property
  • Touch Design Group
  • St Edward
  • Ultra Villa
  • Luxury Italian Living
  • Habitat First Group
  • BDO
  • 7Storeys
  • Worldwide Property
  • Dimora
  • Dominic McKenzie Architects
  • Harry Manning
  • Smart Living
  • Isle Blue
  • MAS Marbella
  • Millgate
  • Jersey Finance
  • guernsey-relocations-logo
  • viberts-logo
  • kpmg-logo
  • author-interiors
  • Wilkinson Beven
  • BoConcept
  • Ante Vrban
  • Deborah Garth
  • You home
  • Ra Shaw Designs
  • Caudwell Collection
  • accanto-interiors
  • Fritz Hansen
  • capital-rise
  • jarrods-staircase
  • neil-davies-logo
  • Tina Shone Group
  • Taplow riverside
  • Aimo
  • ns-ceramics-logo
  • Rusk
  • Consilium Expert Group
  • Ben Krupinski Builder
  • Swoffers
  • Guernsey Relocation Services
  • Douglas Graneto
  • Strutt & Parker
  • wilsons
  • MJC Associates
  • plainspace
  • Fine & Country
  • Bramble Ski
  • Penthouse queen
  • Sarco_Affiliate_Logo
  • taylor wimpey
  • cooper-gardner
  • M Design Architects
  • codan
  • Lovells
  • London DE
  • Prime Lands Group
  • Bellegarde Estates
  • Sinclair
  • Pippa Paton
  • Ecole d'Humanite
  • Benedek Lewin
  • Inspired Villages
  • Huelin Homes
  • Gaudin
  • Lovells Property
  • Racecourse Lodge Logo
  • Paseo
  • Lemay + Escobar
  • Octagon
  • Locate Isle of Man
  • Newlands of Stow
  • Hawksford
  • Holdun
  • St George's International School
  • Schule Schloss Salem
  • AR Architecture
  • lazaro
  • Sella Concept
  • Blakstad
  • miller interior
  • Harrow
  • Pearson
  • Wealth Club
  • Yellow House Architects
  • Designer Touches
  • Zafiro
  • Nicole Murray

Enter your dream destination