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Surprisingly Sweden has some rather cheap houses - the average house price is £50,000 approximately. However, the cost of living is high. On the whole continental Europe shows great promise for investment. Sweden was featured in Channel Four's A Place in the Sun recent soothsaying programme, who predicted a 100,000 GBP investment in Sweden will give a return of 352% in the next ten years. This estimate made it number 5 for places in Europe to make money from the housing market in Europe.
Ask a ProfessionalThere are investment prospects in Sweden, but it is essential that you seek independent expert professional advice before undertaking any property purchase. There are lots of things to bear in mind, including local laws and regulations, taxes, surveyor's assessments of the building, financial currency exchange, dealing with interbank transfers, volatity of the housing market, etc. etc. In some countries there are various restrictions on foreigners owning land or property, so this needs to be checked out fully. Any property purchase is a major undertaking. It may seem obvious but it's well worth going on holiday to a country several times to see if you like it.
Surge in InterestThe interest in purchasing property abroad has increased at an amazing rate in the past five years, fuelled in the UK by a booming domestic housing market making overseas properties seem good value for money. Also, TV programmes like Channel 4's `A Place in the Sun' have made everyone realise that owning a property abroad is no longer just for the rich and famous. People are interested in purchasing a home overseas for a variety of reasons - enjoyment, investment, a new life, retirement, and more.Channel 4's country guide to the Swedish housing market All links and text on this site have been provided for informational purposes - they are not recommendations. |