Fit-out standards of an apartment: what does it mean?
Property advertisements often refer to the fit-out standard. What is the definition of fit-out standard? And what are the fit-out standards in Switzerland? Comparis explains what you need to know.
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1. Fit-out standards - what are fit-out standards?
What materials is the apartment built from? What fixtures and fittings do the kitchen and bathroom have? Terms such as “simple fit-out standard”, “middle fit-out standard” and “high fit-out standard” are intended to describe the quality of an apartment’s fixtures and fittings.
There are no set definitions for the different fit-out standards in Switzerland. Rather, they are vague advertising terms used for marketing a property.
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2. How are the fit-out standards of apartments in Switzerland?
The fit-out standards for Swiss apartments are high compared to other countries. As a rule, rental apartments are designed in such a way that you can immediately live, cook and wash in them.
3. Fit-out standards and property valuation
When selling property, the sellers work out how much the property can get on the market. What is known as the market value is the result of a property valuation. The fit-out standard is one of many factors that affect the price of a property evaluation.
This article was first published on 28.05.2010