Despite moderate price trends compared to the rest of German-speaking Switzerland, residential property in the Basel region remains in demand. Prices are rising significantly in rural communities in particular, which is increasingly prompting potential buyers to extend their search radius. According to Marco Pirelli from Basellandschaftliche Kantonalbank, the fall in mortgage interest rates over the past two years has also fuelled demand. However, this has been accompanied by growing affordability problems. While prices for detached houses have remained stable, condominiums have risen slightly. The result is a 35 per cent increase in mortgage enquiries within one year.<\/p>\n\n\n\n\n\n
Examine financial options at an early stage Despite housing protection, prices are rising Bottleneck due to too few building applications Need for reform in legislation and planning The Basel region is facing a challenging development on the housing market. Demand remains high, while supply is stagnating, with consequences for purchase prices and rents. Experts at the Immo Talk organised by the real estate portal Newhome analyse the situation and provide impetus for future-oriented residential development.<\/p>\n","protected":false},"author":2,"featured_media":120958,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","inline_featured_image":false,"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[12494,12481,22358],"tags":[32241,14009,12878,12564,12652,12525,12526,46659],"class_list":["post-128854","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-region-basel-en","category-business-en","category-construction","tag-bank-en","tag-gebaeude-en","tag-hypotheken-en","tag-immobilien-en","tag-immobilienmarkt-en","tag-immoinvest-en","tag-immonews-en","tag-mietmarkt-en","pmpro-has-access"],"acf":{"bild_mit_ki_erstellt_worden":[],"lead":"The Basel region is facing a challenging development on the housing market. Demand remains high, while supply is stagnating, with consequences for purchase prices and rents. Experts at the Immo Talk organised by the real estate portal Newhome analyse the situation and provide impetus for future-oriented residential development.","autor":"Quelle: NewHome","ort":"","bildunterschrift":"","bild_im_grid":false,"gallerie":"","newsim":""},"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t
<\/strong>Pirelli advises prospective buyers to consider financing at an early stage. “The choice of mortgage products and terms varies from person to person. Clarifying the financial scope with the bank in good time creates planning security.” For many people today, this is crucial in order to be successful in the tense market environment.<\/p>\n\n\n\n\n\n
<\/strong>The rental market in Basel is also showing signs of continuing inflation<\/span>. Fabian Halmer from Holinger Moll Immobilien AG points to structural causes such as an outdated building stock with a high need for renovation<\/span>. Despite housing protection, rents are continuing to rise, particularly in Basel-Stadt, where 84 per cent of the population live in rented accommodation. Although the situation is not as tense as in Zurich or Geneva, the low vacancy rate of 0.7 per cent signals an acute housing shortage.<\/p>\n\n\n\n\n\n
<\/strong>The number of building applications submitted in the canton of Basel-Stadt is particularly alarming. While an average of 784 building applications were recorded each year from 2014 to 2020, the figure fell to just 190 between 2021 and 2023. Halmer believes the new Housing Promotion Act is one of the causes. It protects existing tenants, but hinders new construction projects and makes it more difficult to move in or relocate. The resulting supply bottleneck is likely to lead to further increases in rents.<\/p>\n\n\n\n\n\n
<\/strong>The experts agree that without targeted adjustments to the Housing Promotion Act and accelerated authorisation procedures, the housing market in Basel is at risk of coming under further pressure. Development sites such as Klybeckplus or Dreispitz Nord could provide relief. Provided they are pursued consistently. A sustainable housing policy must not only focus on protecting existing properties, but also actively consider future growth.<\/p>\n\n","protected":false},"excerpt":{"rendered":"