November 11, 2025

Davos, in the heart of the canton of Graubünden (GR), is much more than just a world-renowned winter sports resort and venue for the World Economic Forum (WEF). The highest city in Europe combines economic significance, tourist attractiveness, and a real estate market that is among the most exciting in the Alpine region.
While traditional vacation properties in Davos are often traded at premium prices, foreclosures offer a rare opportunity to acquire attractive properties at undervalued conditions - whether as an income-generating asset, a second home, or a long-term investment in one of Switzerland's most sought-after destinations.
The real estate market in Davos is characterized by remarkable stability. The combination of tourist demand, limited availability of building land, and an international clientele ensures sustainable value development. Chalets, vacation apartments, and hotel properties in the districts of Davos Dorf, Davos Platz, and Wolfgang are particularly desirable.
Despite the high price dynamics of recent years, there have been individual cases of foreclosures - often as a result of corporate restructuring, inheritances, or financial difficulties. Such properties are publicly auctioned by the enforcement office, providing investors and private buyers the opportunity to acquire real estate for up to 30% below market value.
“In Davos, a foreclosure is not a last resort - it is a market opportunity in one of the most exclusive alpine segments of Switzerland.” - LocalAuction.ch
Davos accounts for over two million overnight stays each year. The city thrives not only on winter tourism but increasingly also on year-round business. Hikers, mountain bikers, golfers, and health tourists make use of the alpine infrastructure, as do international companies looking for accommodation during the WEF or other conferences.
This presents attractive yield prospects for investors:
Particularly exciting are properties that allow a combination of tourist rental and self-use - a model that is increasingly in demand in Davos and can often be realized more cheaply through foreclosures.
The market for foreclosures in Davos and the surrounding area focuses on a small but high-quality selection of properties. These range from modern apartments with mountain views to classic chalets on hillsides.
| Location / District | Characteristics | Typical Properties |
|---|---|---|
| Davos Dorf | Central location, close to ski lifts and hotels | Vacation apartments and smaller chalets |
| Davos Platz | Urban center with restaurants and shops | Multi-family houses, condominiums |
| Klosters | Elegant neighboring town with international clientele | Luxury chalets and income-generating properties |
| Sertig | Alpine high valley with a tranquil atmosphere | Country houses and vacation apartments |
Foreclosures in the canton of Graubünden are conducted according to the Swiss Debt Enforcement and Bankruptcy Act (SchKG). The process is transparent and provides buyers with a clear legal framework.
The process offers high legal certainty, as all steps are legally regulated. Additionally, real estate agent fees are usually waived, making the acquisition even more attractive.
Graubünden is among the most stable real estate markets in Switzerland. Despite slightly declining sales figures in 2022-2023, the demand for alpine real estate remains unbroken. Regions like Davos, Klosters, and St. Moritz are considered safe havens for capital investors.
The price development has shown constant growth for years - driven by:
Especially in the luxury and second home segment, even minor price reductions through auctions can open up significant yield potentials.
LocalAuction.ch offers a central overview of all official foreclosures as the leading platform in Switzerland. For buyers in the alpine region, particularly in Davos and Graubünden, this means:
This makes the market for real estate below market value more transparent, efficient, and digitally accessible for the first time - a real advantage for buyers wanting to invest strategically.
Foreclosures in Davos represent a rare but highly interesting opportunity to enter one of the most stable and prestigious real estate markets in Europe. Those who buy here invest in more than just a property - they invest in alpine quality of life, tourist dynamics, and sustainable value development.
“Davos stands for exclusivity and stability - two qualities that make any investment in a property a long-term success.” - LocalAuction.ch
Browse all available real estate auctions
All official auctions of properties by Swiss bankruptcy and debt collection offices