The world of exclusive living.

In the global marketplace for luxury real estate, just what does US$10 million buy? That is the question in this Luxury Defined edition. Does the big city call? Does the dream call for an island escape? Or perhaps paradise whispers?

In its latest analysis, UBS sees a calming on the interest rate market. It writes on its website: “After the rollercoaster ride in March, events on the bond market calmed down in April. Interest rates for Swiss government bonds moved sideways for all important maturities. The same applies to mortgage interest rates.”

As the “SWX IAZI Private Real Estate Price Index” for residential property reveals, the owner-occupied housing market remains unimpressed by the changing signs on the interest rate front as of the end of Q1 2023.