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Abstract
The number of inhabitants in Faido has fallen by 3.7%, to 2,782, in the past 3 years as a result of population decline.
Population statistics
On average, residents earn CHF 54,825 per year. A total of 12.33% of the population have a university degree, 12.45% have completed higher vocational education, 51.24% of the population have an SEK II qualification (school-leaving certificate or apprenticeship) and 23.99% of residents are currently enrolled in compulsory schooling. The area is highly regarded thanks to its high social standards and educated population. Approximately 0.79% of the population is presently unemployed.
Taxes
Overall, the tax percentage in the region is 12.31%. The individual share of tax actually paid varies and is based on factors including specific income, marital status, the amount of deductions and so on. In Faido, the tax rate for childless, unmarried individuals is 17.95%. A married couple on a pension (over 65) pays an average of 16.49%, a married couple with two children 6.89% and a couple with no children 10.72%.
The property market in general
New construction
28 new apartments have been constructed in Faido over the last 5 years. Of the newly constructed homes, 5 are 3-room apartments and 5 are 4-room apartments. 10 apartments with 5 rooms and 8 apartments with 6 or more rooms have been added to the supply of housing available locally. In view of the large number of spacious apartments in Faido, it is certainly an appealing location for families.
Housing stock
New construction has further expanded the pool of available housing in the region, so that there are now a total of 3,932 apartments in Faido. The number of 1-room apartments in the overall housing stock is 97. Additionally, there are 615 apartments with 2 rooms, 1,400 apartments with 3 rooms and 1,145 4-room apartments. Overall, there are 449 5-room apartments and 226 large apartments with 6 or more rooms.
Empty apartments
The vacancy rate in Faido is 1.03%. Consequently, 5.21% of the 1-room apartments, 1.48% of all apartments with 2 rooms, 0.94% of all 3-room apartments, 0.79% of the 4-room apartments and 0.67% of 5-room apartments are unoccupied. The vacancy rate for apartments with more than 5 rooms is 0.6%; 0.45% of those vacant properties are apartments with a minimum of 6 rooms.
Housing market (rental only)
Rental properties are offered at an average price of CHF 900 per month. In terms of the rents on offer, a quarter of them are equal to or lower than a monthly rent of CHF 774. Finally, 75% of monthly rents are cheaper than CHF 1,220, or are equivalent to this amount.
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