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Situated on the shores of Lake Geneva, Lausanne is the capital of Vaud canton in Romandy, which is the French speaking part of Switzerland, and one of the largest cities in the country. As do most of the cities in Switzerland, Lausanne has a very high quality of life, which also means high cost of living and the real estate is the best example in that field. Whether you look for a house or an apartment in Lausanne, you will be surprised to find that the prices are quite high for both rent and sale, not to mention that availability is scarce. Of course, property prices here do not equal those in Zurich or Geneva, but even so, for the great majority of people living on regular salaries, real estate in Lausanne is still expensive. Most people prefer to rent rather than buy, which has led to a great demand of serviced apartments, especially from foreigners who move to this city and don't afford or do not qualify for mortgage. When it comes to finding real estate in Lausanne, either for rent or for sale, there are many competing real estate agencies, which turn out to be quite profitable for those looking for homes, as these agencies are always trying to attract more clients by striving to offer the best deals on the market. For some time now, the demand for an apartment in Lausanne has been exceeding the supply, therefore lots of properties have been constructed and are still in plan for construction with the sole purpose of lease. However, these new properties are generally not furnished and don't provide all the amenities many people desire from a rented apartment, especially foreigners. If you can not find an affordable apartment within the metropolitan area, you can expand your search to adjacent areas, as the public transportation is very effective and commuting won't be such a hassle. As far as moving in your new apartment is concerned, you need to be ready to pay up to two months' worth of rent, for the first month of your stay and a security deposit, which is refundable. This is a standard deal that is available for all Swiss cities. If you want to buy real estate in Lausanne, prepare yourself for high prices, which is an obstacle not just here, but virtually everywhere in Switzerland. However, the government is permanently trying to promote home ownership, which is why has made constant efforts to keep interest rates low for people applying for bank loans in order to buy an apartment in Lausanne or a house. Closing costs and several different fees reach about 10 per cent of the value of the property in Switzerland. The Lausanne real estate market has developed and expanded greatly over the last decade, so the number of real estate companies and agents has increased consequently. One now has many options when it comes to finding a reliable and proficient real estate agent to help him or her find the most suitable property within a certain budget and that meets particular needs or requirements. For more resources about real estate in Lausanne or about apartment in Lausanne, please review this link http://www.real-estate-in-switzerland.com/.
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