6,000 applications in two weeks: Huge rush for new urban housing development in Zurich

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The Leutschenbach urban settlement is still under construction, but the first tenants will be able to move in soon.
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Sarah Frattaroli And Dorothea Vollenweider

A 4-room apartment in Zurich for 1,725 ​​francs per month! This is not a false advertisement or a pipe dream, but an urban apartment in the new Leutschenbach settlement on the Seebach outskirts of Zurich.

369 urban residences will be built here. It is the second largest urban settlement area. Only the iconic Lochergut project in Zurich District 4 is even larger.

Random generator and months of waiting

The application period has ended these days and the city is occupied. As announced by the City of Zurich’s properties at the request of Blick, 6,000 households applied for 369 flats. What this means is that only 6 percent of applicants are accepted. The application window was only open for 2.5 weeks.

In addition to family-friendly 3-6 room apartments, the settlement also offers alternative living concepts with small apartments, satellite apartments (15 rooms each) and 7 shared apartments (6 rooms each). In total, the settlement offers living space for 1,100 people. Flats are rented on a cost rent basis, one third of which is subsidized. In addition to the flats, four kindergartens, commercial areas and a landscaped inner courtyard will be built in the settlement.

More information about real estate
Despite the rent boom
Real estate sector complains about low returns
“An interested party wanted to bribe me for two to three months' rent.”
This is what property managers experience
“An interested party wanted to bribe me for 2 to 3 rents.”
Apartment rents are now increasing even in Zurich
Thousands of households affected
Apartment rents are now increasing even in Zurich
Payment chaos in real estate management Livit
Rent was charged twice
Payment chaos in real estate management Livit

For those who are interested, now is the time to be patient. A random generator selects about half of the applicants. You can definitely apply after viewing a sample flat. About one in ten people will receive a confirmation from them.

Since the flats will be allocated in stages, no definitive commitments will be made until the end of the year. For some applicants, this means waiting months. The lucky ones can move in as early as October this year. The last flats will be filled within a year.

Despite the huge interest in the Leutschenbach settlement, the current interest is nowhere near the hype surrounding the Hornbach urban settlement in Zurich’s popular Seefeld district. At that time, 10,000 interested parties applied for only 105 flats.

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Source : Blick

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Malan

Malan

I am Dawid Malan, a news reporter for 24 Instant News. I specialize in celebrity and entertainment news, writing stories that capture the attention of readers from all walks of life. My work has been featured in some of the world's leading publications and I am passionate about delivering quality content to my readers.

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