Buyers Guide
Advice on buying Sweden Property / Real Estate
You have found a property you wish to purchase in Sweden what next?
Buying Property in Sweden - Costs of Purchasing Real Estate
Swedish Buyer's Guide explains the legal fees, legal procedures, purchase taxes and mortgage procedure.
Below are some brief points in purchasing property in Sweden.
Sweden, a member of the European Union, is the largest country in Scandinavia with Stockholm and its fourteen islands being the Capital city.
Bordered by Norway and Finland, Sweden has had a real estate construction boom, with over 50% of apartment properties being built in the last 47 years.
Property purchase
There are no restrictions on foreign nationals purchasing properties.
It is usual for an Swedish Estate Agent to be consulted when purchasing property in Sweden.
They will handle all the necessary paperwork and will keep both parties informed of how the transaction is progressing.
When you have found your ideal real estate your estate agent will prepare the "contract of sale" and both parties will confirm to this by adding their signatures.
It is common practice in to have the property in question valued by an independent surveyor.
It is the purchaser's obligation to apply for the new title deeds within 3 months of the sale transfer and submit them for registration Your Estate Agent will arrange this for you.
Costs
Stamp Duty around 1% of the purchase is charged on the registration of the property.
The Estate Agents fees are normally paid by the seller.
Property tax is charged at 1.5% of the properties regularly assessed value.
For newly built property or reformed property there is no property tax for the first five years, with the next five years getting a reduction of 50%.
The expenses incurred when reforming a property carry a VAT of 25%
Mortgages
Swedish banks tend to offer mortgages of 75% of the properties value, usually with fixed rate option periods.
Repayment periods are also flexible the average period being 20 years.
There is a 2% tax payable on the mortgage deeds for Swedish based mortgages.
We have property available in the following provinces of:
Sweden
We have property available in the following towns of:
Sweden
Globespan Property Portal has Sweden holiday rentals
available in the following provinces:
Sweden
South Sweden
West Sweden
Globespan Property Portal has Sweden holiday rentals
available in the following towns:
Sweden
Halland
Ostergotland
Globespan Property Portal has Sweden long term lets
available in the following provinces:
Sweden
South Sweden
Globespan Property Portal has Sweden long let rentals
available in the following towns:
Sweden
Stockholm
Advertise Properties in Sweden whether you are a Real Estate Agent or Private Owner looking to sell property direct from the owner
I want to sell property in Sweden
I want to let my Swedish holiday rental or long term let
Click here to search for properties in Sweden
These guidelines are meant for guidance only and describe a straightforward purchase scenario. However this information is not meant to replace proper legal advice, which we always insist you take.
