In most property markets, buyers can choose between new-build and resale properties. In Montreux, this choice is significantly constrained by Lex Weber — no new secondary residences can be built, so the new-build market for second homes effectively does not exist. Understanding what is available and how prices compare is important for buyers.
The new-build market in Montreux
Under Lex Weber, new residential construction in Montreux is limited to primary residences. Developers can build new apartments for buyers who intend to live there as their primary domicile. These new-build primary residence apartments are available in Montreux and offer the advantages of new construction — modern design, energy efficiency, warranties and the ability to customise finishes.
However, new-build primary residence apartments cannot be purchased as second homes or holiday homes. Non-resident foreign buyers cannot purchase them under Lex Koller, and Swiss buyers who intend to use the property as a secondary residence cannot purchase them either.
New-build prices vs resale prices
New-build primary residence apartments in Montreux are typically priced at a premium to comparable resale properties — reflecting the new construction quality, energy efficiency and the absence of renovation requirements. New-build prices in Montreux are generally in the range of CHF 12,000–18,000 per sqm for well-located primary residence apartments.
Resale secondary residences — the only option for buyers seeking a second home — are priced across a wide range depending on condition, location and view. Well-maintained resale properties with good views can command prices comparable to or above new-build primary residences, particularly in prime locations.
The resale market for secondary residences
For buyers seeking a second home in Montreux, the resale market is the only option. This market consists of existing secondary residences that come to market when owners choose to sell. The available stock is finite and turns over slowly — well-priced properties in prime locations attract competitive interest and sell quickly.
Buyers should approach the resale market with patience and should be prepared to act decisively when a suitable property becomes available. Working with a specialist agent who has access to off-market opportunities is particularly valuable in this constrained market.
Key points
- New-build secondary residences are prohibited under Lex Weber in Montreux
- New-build primary residences are available but cannot be used as second homes
- New-build prices: CHF 12,000–18,000 per sqm for primary residences
- Resale secondary residences are the only option for second-home buyers
- Resale market is finite and competitive — off-market access is valuable
Contact Montreux Real Estate to explore the resale market for secondary residences in Montreux.
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