This old house: in many areas of Switzerland, property prices are rising to levels where home ownership is beyond the reach of most buyers. The Swiss public tend not to buy old properties to renovate, and it is also difficult to find long-term renters for such properties. But, if you have the necessary capital for the down-payment and renovation work, it can be a lucrative endeavour.

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This old house: in many areas of Switzerland, property prices are rising to levels where home ownership is beyond the reach of most buyers. The Swiss public tend not to buy old properties to renovate, and it is also difficult to find long-term renters for such properties. But, if you have the necessary capital for the down-payment and renovation work, it can be a lucrative endeavour.

For a lot of the Swiss, old properties are more trouble than they're worth. It's so much easier to buy something new, with the latest technology and Minergie[R] standards. But could they be missing a trick? Not only do older properties have more character, they can also represent great value. So, how do you go about buying a "fixer-upper"?

Finance

The first and most important step is to take stock of your finances. The size and scope of an...

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