Top 10 best-selling properties in foreclosures 2024

Introduction

The Swiss real estate market in 2024 was characterized by stability and selective dynamics - and nowhere is this clearer than in the official forced auctions. With around 610 proceedings in 2024, the number of auctions remained almost constant, but the volume and quality of the properties offered increased significantly. Particularly noteworthy: high-quality properties in sought-after regions increasingly found buyers through auction platforms like LocalAuction.ch.

According to evaluations of current auction data, single-family homes and condominiums dominate the market, while villas and multi-family homes still achieve remarkable sales despite lower numbers. Below, we present the Top 10 best-selling properties of 2024 - a snapshot of a market that redefines transparency, speed, and data-driven decisions.

1. Villa on Lake Maggiore, Ticino (TI)

This modern villa with direct lake access achieved the highest value of the year with a hammer price of over 4.8 million CHF. The property combines Mediterranean design with an alpine panorama and reflects the trend that luxury properties in Ticino remain in high demand. Despite rising interest rates, demand from foreign buyers remained stable - thanks to the exclusive location and limited availability of lakefront properties.

2. Multi-family house in Lausanne (VD)

The second highlight comes from Vaud: a historic multi-family house in downtown Lausanne was auctioned for 3.2 million CHF. With an expected yield of over 4%, the property is considered a prime example of the increasing attractiveness of multi-family homes in university cities. Investors appreciate the solid demand and stable rental prices supported by the high number of students.

3. Chalet in Crans-Montana (VS)

The luxurious alpine chalet with five bedrooms and panoramic views over the Rhône Valley achieved a hammer price of 2.9 million CHF. The canton of Valais remains a magnet for second homes and exclusive holiday properties. Notably, there is a high domestic demand - buyers increasingly see alpine locations as a stable investment that combines security with quality of life.

4. City apartment in Zurich (ZH)

A condominium in Zurich's Seefeld district was auctioned in 2024 for 2.4 million CHF. Despite a limited number of proceedings in the city of Zurich, the price level remains high. Particularly striking: the hammer price was only 8% below the estimated market value - an indication of strong demand even for auction properties in premium locations.

5. Historic residential building in Bern (BE)

The listed residential building in Bern's Kirchenfeld district found a new owner for 2.1 million CHF. Such properties show that the trend of revitalizing historic real estate continues. Thanks to tax advantages and growing interest in sustainable renovations, Bern remains one of the most stable markets in German-speaking Switzerland.

6. Condominium in Geneva (GE)

A modern apartment in the Eaux-Vives district changed hands for 1.9 million CHF. The canton of Geneva recorded only 18 forced auctions in total in 2024 - but the prices achieved were significantly above the nationwide average. International buyers and commuters continue to drive demand, especially near international organizations.

7. Multi-family house in Baden (AG)

With a hammer price of 1.7 million CHF, the multi-family house in Baden is among the most sought-after investment properties in German-speaking Switzerland. The canton of Aargau benefits from its location between Zurich and Basel as well as from a high rental yield. More and more institutional buyers are discovering forced auctions as a gateway to yield-generating properties with predictable cash flow.

8. Single-family house in Meggen (LU)

In Meggen, one of the most exclusive municipalities on Lake Lucerne, a classic single-family house was auctioned for 1.5 million CHF. Lucerne and its surroundings have seen stable demand in the upper segment for years. This example shows that even forced auctions increasingly encompass high-quality properties that were previously rarely offered publicly.

9. Investment property in St. Gallen (SG)

A mixed-use residential and commercial building in the old town of St. Gallen achieved a hammer price of 1.4 million CHF. The property underscores the importance of regional centers as stable secondary markets. Notably, the buyer was a local investor planning to repurpose the building into furnished rental apartments - a growing trend in urban areas.

10. Holiday apartment in Davos (GR)

The conclusion of the top 10 is a 3-room holiday apartment in Davos with a hammer price of 1.2 million CHF. The market for second homes in Graubünden remains dynamic despite regulatory restrictions. Many buyers see long-term value stability and lifestyle investments with personal benefits in alpine holiday regions.

Analysis: Who buys at forced auctions?

The buyer structure has changed significantly in recent years. While previously private individuals primarily sought affordable single-family homes, today professional investors, family offices, and regional developers dominate the bidding field. They use platforms like LocalAuction.ch to detect market movements early, analyze comparative prices, and optimize bidding strategies based on data.

Notably, there is an increase in digital bidding and growing transparency through real-time information. Buyers today know precisely before the auction what traffic values, mortgages, and ancillary costs will be incurred - a crucial step towards a more efficient market.

Trends 2025: Digitalization and Data Competence

2024 was a record year for the digitalization of forced auctions. Platforms like LocalAuction.ch consolidate all official listings in Switzerland and create a transparent, data-driven market. For 2025, it is evident that AI-supported valuation models and automated risk analyses will further professionalize the market.

Thus, forced auctions are increasingly becoming a strategic instrument - not only for crisis management but as an efficient access point to sought-after properties below market value.

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