Canton Solothurn: finance your property purchase on the best terms

• The Canton of Solothurn, between the Jura and the Swiss Plateau
• Buying property in Solothurn: reasons to believe in it
• Types of mortgages to finance property in the Canton of Solothurn?
• Estimate the cost of your mortgage in Solothurn
• Five tips to secure your financing
• Take action: your mortgage in the Canton of Solothurn

Are you looking to buy property in the Canton of Solothurn? This guide presents the features of the local market, mortgage financing options and the concrete steps to make your purchase a success.

The Canton of Solothurn, between the Jura and the Swiss Plateau

Located in north-western Switzerland, the Canton of Solothurn is a varied region stretching from the Jura to the banks of the Aare. Its capital, Solothurn, is often described as Switzerland’s most beautiful Baroque town — a well-deserved title thanks to St. Ursus Cathedral, its fountains and its 18th-century buildings.

Key municipalities and places to remember include:

• Solothurn, the cantonal capital with around 17,000 inhabitants, a cultural and administrative centre
• Olten, the canton’s second-largest city, a major railway hub with direct connections to Zurich, Basel and Bern
• Grenchen, an industrial watchmaking centre, more accessible in terms of property prices
• The Weissenstein region, a natural viewpoint overlooking the plain, highly appreciated for hiking and leisure activities

The Canton of Solothurn is German-speaking. German, with its Alemannic dialect, is the official language and is spoken in everyday life. With around 285,000 inhabitants, Solothurn is a human-scale canton, well connected and supported by a solid industrial economy, especially in watchmaking, precision mechanics and logistics.

Buying property in Solothurn: reasons to believe in it

The Canton of Solothurn offers several concrete advantages for property buyers:

• Reasonable prices: lower than in the cantons of Zurich, Zug or Basel-City, with single-family homes available between CHF 550,000.– and CHF 850,000.– depending on location
• An ideal central location: Olten is less than 30 minutes from Zurich, Basel and Bern by train — a major advantage for commuters
• A stable property market, without speculative overheating, with sustained demand thanks to people working in the neighbouring large urban areas
• Competitive taxation for individuals
• Comprehensive infrastructure: schools, hospitals, shops and well-developed public transport

What types of mortgages can finance property in the Canton of Solothurn?

Several mortgage financing solutions are available to you depending on your profile and objectives:

• Fixed-rate mortgage: secure your budget over 2 to 15 years with unchanged monthly payments. A preferred solution for buyers who want full visibility over their costs
• SARON mortgage: a rate indexed to the Swiss money market (SARON). Suitable for profiles with enough financial margin to absorb possible increases
• Combined mortgage: division of the loan into two tranches (fixed + variable), to balance predictability and flexibility
• Construction mortgage: relevant if you are buying land or carrying out major works. Funds are released progressively according to the progress of the construction site

Estimate the cost of your mortgage in the Canton of Solothurn

For an apartment or a house costing CHF 650,000.– in the canton, you need at least CHF 130,000.– in equity (20%). Banks then calculate your affordability based on a theoretical rate of 5%: the total burden (interest + amortisation + maintenance) must not exceed one third of your gross income.

Use our mortgage calculator to quickly simulate your monthly payments and check your borrowing capacity, with no obligation.

Five tips to secure your financing in the Canton of Solothurn

To optimise your mortgage application:

• Assess your total budget including additional costs: property transfer taxes (around 2.5% of the price in the Canton of Solothurn), notary fees and possible works
• Prepare a complete application from the outset: proof of income, tax documents, debt enforcement register extract
• Do not limit yourself to your usual bank: compare offers from the Cantonal Bank of Solothurn (SOLOBA), national banks and insurers
• Anticipate the processing time: allow 2 to 4 weeks between the application and the final loan approval
• Use an independent advisor to access a broader range of offers and benefit from professional negotiation

Take action: your mortgage in the Canton of Solothurn

With its central geographical position, reasonable prices and quality of life, the Canton of Solothurn is a serious option for any buyer wishing to settle near Switzerland’s major cities without having to pay their prices.

Submit your request online today and receive up to 3 financing offers adapted to your situation — free of charge and with no obligation.

Find us throughout Switzerland

Zoomez et cliquez sur le canton désiré.

56132

Disclaimer: The information contained in this article is provided for informational purposes about the Canton of Solothurn and does not constitute financial or legal advice. The conditions for granting mortgage loans in the Canton of Solothurn vary depending on the institutions and borrower profiles. No rate is guaranteed. Consult a specialist before making any decision.