Why the Vaud Riviera Continues to Be a Safe Haven for Real Estate Investment

Across the Riviera Vaud, the art of living is expressed in stone HE ART

Nestled between a lake, vineyards and mountains, the Vaud Riviera captivates with its privileged setting and remains one of the most sought-after regions in the French-speaking Swiss property market. A landscape where investment translates into lasting value and an enhanced quality of life. Xavier Châtelain (X.C.), Managing Director of Gendre & Emonet SA, and Hervé Rigois (H.R.), Head of Brokerage at Furer SA—two entities now united within the Groupe Comptoir Immobilier SA—share their insights into this exceptional market.

What lies behind the enduring allure of the Vaud Riviera?
X.C. : Often referred to as the “Dolce Riviera”, the region is celebrated for its breathtaking landscapes and unique microclimate. Numerous luminaries, from Charlie Chaplin to Freddie Mercury, have sought sanctuary here, captivated by the prevailing tranquillity and discretion.

H.R. : The area’s appeal is further heightened by its prestigious local infrastructure: renowned institutions such as (St George’s International School, Haut-Lac Bilingual International School and the Glion) Institute of Higher Education; world-class medical facilities like Clinique La Prairie; and flagship events including the Montreux Jazz Festival and the Christmas Market. All of this is complemented by an enviable location. Indeed, one can reach Geneva, Bern, or world-renowned ski resorts such as Verbier within approximately an hour.

What defines the unique nature of this property market?
X.C. : The Vaud Riviera is a niche, highly desirable market where the charming landscape is seamlessly married to an exceptionally high-quality selection of properties. Which properties are the most soughtafter? Waterfront estates or properties offering sweeping vistas of Lake Geneva and the Alps. Yet, the hillside idyll also entices those who wish to live in the countryside while remaining within easy reach of urban centres.
H.R. : The Riviera encompasses several tourist communes recognised by the LFAIE (Federal Act on the Acquisition of Immovable Property by Persons Abroad), which permits certain non-resident foreign buyers to acquire a secondary residence here.

What is the profile of a typical purchaser?
X.C. : Our clientele is remarkably diverse, spanning a broad social and geographical spectrum. The market attracts both local residents and international buyers with a variety of different profiles, all of whom are seeking a range of different properties, from studios to prestigious estates.
H.R. : While the influx of Russian and Middle Eastern clients has slowed down somewhat, demand remains strong among Europeans, notably the British and the French, who are attracted by the high quality of life and the market’s long-term stability.

What challenges lie ahead for the property market in the coming years?
H.R. : Following the vote on rental value, renovation projects are expected to continue at pace until 2028, after which they are likely to slow down. However, the impending end of maintenance cost deductibility may dampen investment, even though the property portfolio, much of which is historic, requires significant energy efficiency upgrades.

X.C. : We are observing that buyers are becoming increasingly discerning about the energy efficiency of buildings, insulation standards, and property renovation funds (PPE) for flats. Today, the sustainability of the built environment has become a central concern, driven by prevailing political shifts.

Which qualities distinguish a broker on the Vaud Riviera?
X.C. : In such a competitive landscape, experience and a nuanced understanding of the market are paramount. Both Gendre & Emonet SA, with over thirty years’ of experience, and Furer SA, a long-established firm, use this deep local knowledge to provide their clients with the best advice.
H.R. : To this, one must add indispensable human qualities: responsiveness, punctuality, empathy, transparency, and integrity. Being part of Groupe Comptoir Immobilier SA further strengthens their expertise, providing an extensive network of partners and synergies for the benefit of buyers and sellers alike.