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Very charming renovated apartment with stunning views!

This very pretty apartment, located at the bottom of the village, close to the train stop and a bus stop, has been completely tastefully renovated (woodwork, veranda, windows and painting in 2005 // kitchen and electricity in 2017 // parquet and new paint in 2017-2018 //. Located in a quiet area, ideal for walks and close to all amenities.
This period building has been an SA since 1965 (and not a PPE), please read the specific comments on the SA at the bottom of the file.

The apartment is made up like this:
- 1 entrance hall
- 1 bathroom + separate WC
- 1 kitchen
- 2 Bedrooms
- 1 large living room
- 1 balcony
- 1 cellar
- 1 outdoor parking space included in the price,

Rental charges (maintenance and heating): approx. Fr. 885 .- / month, there are no notary fees or tax on the purchase, only trustee fees for the transaction, and there are no taxes to pay like this is the case with a second home.
Please check if this suits your situation with a financial professional (fiduciary or other).

Legal form: the co-ownership is managed in the form of a public limited company. Each owner holds a number of registered shares. The advantage of this form lies in the transmission between seller and buyer, which is done free of charge. The transmission is recorded in the legal book kept by the trustee who is in charge of the company. Another difference compared to the more common storey company in Switzerland, the SA records all charges related to real estate ownership. Each owner is practically exempt from Swiss tax charges on a personal basis. This exempts him, if he is a foreigner, from all tax declarations unlike the owner in a property distributed by floor, where applicable a huge advantage in terms of discretion. (The obligation for foreigners to draw up a tax declaration in Switzerland annually often leads them to call on a fiduciary).

Buying through a real estate company has its advantages ... If some households choose to acquire their real estate via an IS, it is necessarily because they find their account there and this as well at the acquisition, during the detention and at the time of the assignment .
From the purchase, which consists of the acquisition of shares, three advantages are identifiable:

• The absence of transfer tax


• Lack of registration in the Land Register


• The absence of notary fees

If these various sums are not payable, it is quite simply because there is no effective transfer of ownership since the real estate company remains the sole owner of the building. During the ownership of the property, various tax advantages (find out more about real estate taxation in Switzerland ) are also available:

• The unlimited deduction of passive interest


• The absence of income tax on real estate yields as long as no dividend has been paid

At the time of sale too, a real estate company has advantages since the possible capital gain is taxed at a limited rate (interesting for a short-term resale) and losses linked to capital losses are deducted while the sale of a property. minority participation is not always taxable (regulations specific to each canton). Finally, in order not to omit anything from the advantages of a real estate company, it is good to note that it will simplify the implementation of an inheritance (learn more about estimating the value of an inherited property ). which, in many families, is of real importance. ... but also a drawback

• Double economic taxation . By purchasing the shares of a real estate company, an individual will have to pay double tax on dividends . In fact, in Switzerland, a first tax is imposed on the profits of capital companies, then when dividends are added to shareholders' income, a...