What will 250 000 USD buy in Sweden?
Thinking of moving to Sweden and considering buying a home? We’re starting a new series of articles to illustrate how far your budget will stretch in various different locations in Sweden.
The first article shows what sort of house a modest budget of 250 000 USD (approx. 225 000 Euros) will get you. This converts to approximately 2 395 000 SEK (Swedish Crowns), based on exchange rates 08-08-2019.
As with most countries, there’s a huge difference between city and countryside prices. It’s also worth noting that property prices advertised in Sweden are often starting prices, especially in cities, where popular properties can sell for considerably over the advertised price when a bidding situation arises.
Our four sample houses
1. Turn of the century classic wooden elegance
Location: Sandviken
Nearest Major City: Stockholm 198 km (2 hours 15 min by car). Also Uppsala: 133 km ( 1 hour 25 mins by car).
House size in metres squared: 375 m2 (plus 80 m2)
Plot size (land) in metres squared: 1896 m2
Built: 1901
Price 2 395 000 SEK
More information and photos https://www.hemnet.se/bostad/villa-12rum-kungsgarden-sandvikens-kommun-sandbackagatan-13-16228218
2. Lakeside modern living awaiting your finishing touches
Location: Komnäs, Örnsköldsvik
Nearest Major City: Umeå 127 km, 1 hour 35 minutes by car
House size in metres squared: 170 m2 (plus 28m2)
Plot size (land) in metres squared: 1695 m2
Built: 2018
Price 2 395 000 SEK
More information and photos: https://www.hemnet.se/bostad/villa-6rum-komnas-ornskoldsviks-kommun-komnas-201-15896256
3. Traditional redbrick charm in southern Sweden
Location: Borrby, Simrishamn
Nearest Major City: Malmö, 84 km (1 hour 15 minutes by car)
House size in metres squared: 129 m2 (plus 122m2)
Plot size (land) in metres squared: 953 m2
Built: 1925
Price 2 395 000 SEK
More information and photos: https://www.hemnet.se/bostad/villa-7rum-borrby-simrishamns-kommun-kopmangatan-37-16160379
4. New built mini-home in Stockholm suburb
Location: Spånga, a Stockholm suburb, 13.5 km from city centre, 30 minutes by car
Nearest Major City: Stockholm
House size in metres squared: 21 m2 (plus 14 m2 in separate adjacent building)
Plot size (land) in metres squared: Information not provided as the building is not sold freehold, but as part of a cooperative (bostadsrätt), which means that there is also a monthly charge in addition to the purchase price.
Built: 2019
Price 2 395 000 SEK, plus monthly fee of 2 900 SEK
More information and photos: https://www.hemnet.se/bostad/villa-2rum-spanga-sundby-stockholms-kommun-arrendevagen-74c-16149376
Source: All sample properties have been taken from www.Hemnet.se, Sweden’s leading property website.
Average house prices in Sweden
Average house price nationally 3 228 000 SEK
Average house price Stockholm 5 671 000 SEK
Average house price Gothenburg 4 678 000 SEK
Average house price Malmö 4 162 000 SEK
Source. Maklarstatistiken. Figures based on prices reported by estate agents over the 3 months preceding 08-08-2019
Property consultation
There is a lot to consider when making the decision to purchase a property in Sweden, particularly if you are uncertain about locations or your long-term plans. Relocate to Sweden offers home buying consultation to newcomers to Sweden. This service includes advice on what is involved in buying and selling Swedish apartments and houses, such as process, timeframes, costs, mortgage regulations and property market developments. For more information, please contact us via email at info@relocatetosweden.com or call us on +46 8 361011.
Relocate to Sweden provides expert advice and hands-on help for companies recruiting internationally or transferring staff to Sweden. We help your international recruits with the entire relocation process including immigration, home finding, tax consultancy, registration with Swedish authorities, schools, health care, translations, language and intercultural training. Email us at info@relocatetosweden.com or call us on +46 8 361011 if you would like help. You can also read more about our relocation services at www.relocatetosweden.com or follow us on social media for tips and advice