Ingenbohl, a picturesque municipality in the canton of Schwyz, Switzerland, is known for its scenic location on the shores of Lake Lucerne and its tranquil atmosphere. Against the backdrop of growing interest in housing in Central Switzerland, a logical question arises: how competitive are property prices in Ingenbohl compared to its neighboring regions? In this article, we provide a detailed comparison between the real estate market in Ingenbohl and nearby cantons such as Uri, Obwalden, Lucerne, and Schwyz itself.
Ingenbohl: Steady Demand and Limited Supply
According to data from Q1 2025, the average price per square meter of residential property in Ingenbohl is approximately €8,600. This is higher than the average in the broader Schwyz canton, which stands at around €8,100/m². The premium is largely due to its lakeside location and high quality of life.
Supply in Ingenbohl is tight — there are only a few dozen properties available, especially in the apartment segment. New developments are rare, further supporting the elevated price level. Villas with lake views can reach €2.5–3 million, while more modest homes typically range between €1.1–1.6 million.
Canton Uri: Affordability with Growth Potential
Neighboring Uri offers more affordable housing options. The average price per square meter is around €6,900, with peripheral areas offering even lower rates, sometimes around €6,000/m². Villas are less common, and the market primarily consists of low-rise and countryside houses.
Lower prices are due to lower population density and a greater distance from major cities. However, infrastructure improvements — especially enhanced transport links to Lucerne and Zurich — are gradually increasing Uri’s attractiveness for families and young professionals.
Obwalden: Scenic Beauty and Moderate Prices
Obwalden also offers competitive pricing. The average residential price stands at €7,300/m², while properties in less tourist-heavy areas can go for around €6,800/m². The market features a mix of resale properties and new developments, including energy-efficient homes.
Obwalden is popular among those seeking peace and natural beauty. Unlike Lucerne, it has not become a major tourist hub, helping to keep prices relatively moderate.
Lucerne: High Prices and High Demand
The canton of Lucerne, a regional economic and cultural hub, commands significantly higher real estate prices. The average square meter price for housing reaches €9,200, with central Lucerne city areas exceeding €10,500/m².
High demand is driven by well-developed infrastructure, employment opportunities, and a dense public transport network. For many buyers, however, these prices are a barrier — especially given stricter mortgage lending rules. Nonetheless, the region continues to see strong development, including premium-class projects and sustainable buildings.
Schwyz (Beyond Ingenbohl): Variety and Moderate Pricing
Outside of Ingenbohl, other areas within the canton of Schwyz offer more accessible options. In places like Feusisberg or Muotathal, average prices range from €7,200 to €7,800/m². These locations are favored by locals and those who want proximity to the mountains while remaining within reach of the lake.
Local authorities are actively promoting the construction of new residential zones, especially under sustainable development initiatives. This creates new opportunities for young families and investors seeking stable capital growth.
Price Comparison by Canton (2025)
| Region | Avg. Price per m² | Typical Home Price Range |
|---|---|---|
| Ingenbohl | €8,600 | €1.1M – €3M |
| Uri | €6,900 | €700K – €1.5M |
| Obwalden | €7,300 | €850K – €1.8M |
| Lucerne | €9,200 | €1.3M – €4M |
| Schwyz (excluding Ingenbohl) | €7,500 | €900K – €2.2M |
Conclusion: Balancing Price, Location, and Prospects
Ingenbohl’s real estate market is stable and features high-quality offerings, though it lags behind neighboring cantons in terms of affordability. For those seeking lakeside living with premium infrastructure and strong value retention, Ingenbohl remains a compelling choice.
However, buyers with tighter budgets or long-term investment goals might consider Uri or Obwalden. Lucerne appeals to those willing to pay a premium for central location and urban convenience.
In sum, Ingenbohl strikes a balance between exclusivity and accessibility — a dynamic that continues to attract sustained interest from both local and international buyers.
