Foreigners are not restricted from buying properties in Sweden. Expats living in Sweden can choose to buy properties rather than opt for rental accommodation, as the process of buying is seamless and easy.
Getting the services of a real estate agent is a normal practice in Sweden. Agent fees are usually 3-5% of the sale, which are paid by the seller. After the bidding process is over, the winning bidder signs the contract. The contract is a legally binding document.
Stockholm, Göteborg and Malmö are Sweden's three great cities and popular destinations for real estate, although the cost of properties is skyrocketing. Stockholm is highly urbanized yet full of history while Göteborg is the industrial heart of Sweden. Malmö has a cozier touch and provides easy access for those who work in Copenhagen, Denmark.
Property prices in Malmö are cheaper than in Stockholm and Göteborg. Apartments in the city centre of Stockholm range from EUR 180,000 (50-square meters) to EUR 900,000 (200-square meters). Göteborg apartments can start at EUR 75,000 for 40-square meters.
Other popular property locations are in Falsterbo and the university town of Lund. A three-bedroom house can cost around EUR 350,000.
Properties outside the main cities are, of course, much cheaper. Costs range from EUR 40,000 (for cottages) to EUR 100,000 (for a large house). It is also possible to find a property near a lake that costs only EUR 25,000 located in the northern region.
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