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Additional information

Overview

The population of Val de Bagnes has grown by 4.99% over the last 3 years, to 10,693 inhabitants.

Demographics

The average income level is CHF 76,895. 26.29% of the population hold a university degree, 10.6% have a higher vocational education qualification, 41.41% of the population have a school-leaving certificate or have completed a vocational apprenticeship and 21.71% of residents are completing compulsory schooling. At the time of reporting, 1.06% of the population is unemployed.

Taxes

The rate of taxation in the area is 11.99%. Income, marital status and deductions are among the factors that impact the actual tax burden. In Val de Bagnes, the tax burden for childless, unmarried individuals is 18.57%. A retired, married couple (over 65) pays an average of 16.22%, a married couple with two children 6.22% and a childless couple 10.86%.

The overall property market

New buildings

Val de Bagnes has seen the construction of 338 new apartments in the past 5 years. A total of 3 1-room apartments have been created. The number of new 2-room apartments is 24. The 66 3-room apartments and 102 4-room apartments are also ideal for families. In addition, there are 79 5-room apartments and 64 apartments with at least 6 rooms to choose from. Consequently, Val de Bagnes is a particularly appealing place for families to live.

Housing stock

Val de Bagnes now has a total of 11,766 apartments, following further expansion of the local housing supply as a result of the construction of new dwellings. The number of 1-room apartments totals 901. Additionally, there are 2,023 apartments with 2 rooms, 2,818 apartments with 3 rooms and 3,001 apartments with 4 rooms. Finally, the stock of 5-room properties includes 1,801 apartments, and there are also 1,222 large apartments with at least 6 rooms.

Unoccupied apartments

There is a 0.49% vacancy rate in Val de Bagnes. Of this figure, 0% of the 1-room apartments, 0.3% of the 2-room apartments, 0.43% of all 3-room apartments, 0.33% of the apartments with 4 rooms and 0.83% of 5-room apartments are empty. The vacancy rate is 0.99% for apartments with more than 5 rooms and 1.23% for apartments with more than 6 rooms.

Housing market (letting only)

An average of CHF 1,250 is needed to rent a property. A quarter of all available rents are less than or equal to a monthly rent of CHF 950 (25th percentile). Finally, 75% of monthly rents are cheaper than CHF 1,650, or are equivalent to this amount.