5 room apartment (encumbered with right of residence)

Foreclosure auctions in Switzerland present a unique opportunity to acquire real estate below market value but require thorough preparation. The properties offered typically stem from debt collection or bankruptcy proceedings and are publicly auctioned by the responsible authorities. Interested parties should inform themselves early about auction dates, viewing opportunities, and procedural details. Key documents such as appraisal reports, site plans, and official publications are often available online and should be analyzed carefully. During the auction, valid identification must be presented; for legal entities, an extract from the commercial register is also required. Payment modalities—especially the down payment and deadlines for the remaining balance—are strictly regulated. Those who familiarize themselves with the process and consider all legal and financial aspects can successfully invest in real estate through a foreclosure auction.