Taxes when you purchase a property

Taxes and costs

Buying a property involves costs and taxes. Transfer fees, land registry and notary fees are payable. These additional costs must be considered when purchasing a property and generally have to be financed out of your own funds in addition to the 20%.

Owner: your taxes

As a homeowner, you will be subject to income and wealth taxes. Understanding how these taxes are calculated and how your property can affect the amount is essential to maintaining your standard of living.

Taxes are collected by the canton depending on where the property is located.

The rental value of the property must be declared as income. This value (not to be confused with the actual rental income) is calculated based on the theoretical rent that could be received if the house were rented out, according to market prices and cantonal rules.

The tax value is added to your assets.

Piguet Galland offers you tailor-made support throughout your project. We will provide you with personalised advice to optimise your property's tax implications because your peace of mind is our priority.

Tax deductions

As a property owner, you can benefit from tax deductions, such as 3rd pillar tax on indirect depreciation and renovation work. Knowing what these deductions are and how to apply them is key.

Congratulations, you've just completed the primary residence series! We're pleased to offer you a free, no-obligation asset assessment to celebrate your commitment and interest.

This in-depth assessment will help you analyse the viability of your plan to buy a second home. It will also help you optimise your tax and pension provisions. We're here to help you during this important stage, so don't hesitate to contact us and make the most of this opportunity. Let’s discuss the best possible way to fulfil your residential ambitions.

3 levers to optimise your assets

The ideal tool for assessing your financial and fiscal situation