Demographic development and taxation
The population has not changed in Lugano during the last 3 years. On the contrary: the number of inhabitants changed by 2.42%, to 63'629.
The taxation level in the region stands at 77%. This is determined by a range of different factors, such as the tax policy of the region or the income of the respective inhabitants. In Lugano, single people without children pay an average of 16.24% tax, a retired married couple pays 14.81%, a married couple with two children pays 5.87% and a couple without children pays 9.39%. In addition, the tax rate in the area is 10.75%. The average local income totals CHF 90'755 and the unemployment rate is 1.21%.
Existing housing
The pool of housing in Lugano comprises 42'408 flats. There are a total of 4093 flats with 1 room, 9219 flats with 2 rooms, 12'768 3-room flats and 10'291 flats with 4 rooms. Additionally, there are 3580 5-room flats and 2457 flats with 6 or more rooms.
Vacancy rates
Certain properties are also vacant. In Lugano, for instance, that figure is 2.09%. For example, 2.73% of all flats with one room, 2.68% of the existing flats with two rooms, 2.04% of the existing 3-room properties, 1.58% of the flats with 4 rooms and 1.3% of 5-room flats are untenanted at the moment. Finally, 2.46% of flats with 6 or more rooms are also empty. Of these, at least 1.77% are flats with more than five rooms.
New flats
In Lugano, 1345 new homes have been added over the past five years. Of these properties, a total of 213 flats have 1 room and 509 flats include two rooms. 339 additional flats with 3 rooms and 202 flats with 4 rooms were added to the region's property portfolio. The housing stock also includes 52 five-room flats and 30 flats with a minimum of 6 rooms.
Rentals
Rental flats are offered for an average monthly price of CHF 1450. Approximately a quarter of all rental prices are less than or equal to CHF 1200 per month. 75% of average monthly rental costs are CHF 1750 or are lower than this value (75th percentile).
