Closing costs

When buying any type of property, the buyer(s) will need to pay closing costs, on top of the purchase price. These costs vary depending on the state (canton) or even the city you are buying your property in, but usually equal about 5% of the purchase price. For transaction less than CHF 800k, the fees can sometimes exceed 5%

 

What is included in the closing costs ?

 

  • Transfer tax fees (called «Droits de mutation», collected by the state (canton) and the city for each real estate transaction)
  • The purchase contract fees (fixed legal fees collected by the notary)
  • VAT
  • The land registry fees (called « Registre foncier»)
  • The notary fees (meeting(s), emails, letters, phone calls, etc.)

 

Depending on the case, the fees for the mortgage title (called « Cédule hypothécaire »), can be included or not.

 

Calculation

 

Below, you’ll find an estimate of the closing costs depending on the state (canton) you are buying the property in (indicative, does not include the mortgage title fees) :

 

Purchase in Lausanne : 800'000 CHF

Transfer tax fees : 26’400 CHF

Purchase contract fees : 2’575 CHF

VAT: 198 CHF

Land registery : 1’300 CHF

Notary : approx. 4’000 CHF

Total: 34’473 CHF 

Purchase in Fribourg: 800'000 CHF

Transfer tax fees : 24’000 CHF

Purchase contrat fees : 2’055 CHF

VAT : 158 CHF

Land registry : 1’000 CHF

Notary : approx. 4’000 CHF

Total: 31’213 CHF 

Purchase in Lausanne: 1'400'000 CHF

Transfer tax fees : 46’200 CHF

Purchase contract fees : 3’475CHF

VAT : 267 CHF

Land registry : 2’200 CHF

Notary : approx. 4’000 CHF

Total: 56’142 CHF 

Purchase in Fribourg: 1'400'000 CHF

Transfer tax fees : 42’000 CHF

Purchase contract fees : 3’255 CHF

VAT : 250 CHF

Land registry : 1’600 CHF

Notary : approx. 4’000 CHF

Total: 51’105 CHF 

Purchase in Sion: 800'000 CHF

Transfer tax fees : 15’600 CHF

Purchase contract fees : env. 2’000 CHF

VAT : 158 CHF

Land registry : 1’000 CHF

Notary : approx. 4’000 CHF

Total: 22’758 CHF 

Purchase in Geneva: 800'000 CHF

Transfer tax fees : 24’000 CHF

Purchase contract fees : 4’400 CHF

VAT : 415 CHF

Land registry : 2’000 CHF

Notary : approx. 4’000 CHF

Total: 34’815 CHF 

Purchase in Sion: 1'400'000 CHF

Transfer tax fees : 31’500 CHF

Purchase contract fees : approx. CHF 3k

VAT : 231 CHF

Land registry : approx. 1’500 CHF

Notary : approx. 4’000 CHF

Total: 40’231 CHF 

Purchase in Geneva: 1'400'000 CHF

Transfer tax fees : 42’000 CHF

Purchase contract fees : 6’600 CHF

VAT : 585 CHF

Land registry : 3’500 CHF

Notary : approx. 4’000 CHF

Total: 56’685 CHF 

Transfer tax fees

 

These costs represent the largest part of the 5% fees. As indicated above, they are collected by the state (canton) and the city.

 

Below, a look around at the transfer tax fees depending on the state (canton) :

 

Vaud : The same for the whole state, 3.3%

Geneva : The same for the whole state, 3%

Neuchâtel : The same for the whole state, 2.2% if the buyer(s) stay in the property at least 2 years, 3.3% if not.

Fribourg : 3% for the whole state, exept for the french speaking cities of St-Aubin, Vaulruz, Chénens, Ferpicloz et Pierrafortscha where the rate is slightly lower.

Valais : for the state (canton) 1% for a purchase price between CHF 50’001.- and CHF 500k / 1.3% for a purchase price between CHF 500’001.- and CHF 1 mio / 1.5% for a purchase price higher than CHF 1 moi. The city will bill its own transfer tax fee, which will not exeed 50% of the state (canton) fee.

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