I am thinking about buying a property in Sweden for investment purpose and not living on it. I have a firsthand contract in north of Stockholm so I don’t think buying an apartment is the best investment for me.
My plan is to buy a house in a university city like Uppsala and rent out the rooms to the students. My down payment will be around 600k and I plan to have a loan around ~2300-2500. What do you think about this type of investment?
What are the risks and does it worth to do that? will it cover the loan and house costs and also give some return monthly and also in long term? any alternative ways of investment in real-state in Sweden? or even outside Sweden like Spain?
Which way do you think gives the best outcome and passive income?
Välkommen! Det kan fungera, men spontant låter det väldigt billigt med ett hus på 3 MSEK i Uppsala, men så kan det vara.
Fastighetsinvesteringar i Sverige är normalt väldigt kluriga till följd av regelverk / hyresreglering, så jag hade nog inte gett mig in på det utan att verkligen kolla upp det noga. Vi har några avsnitt om fastighetsinvesteringar:
Yes I agree. I just gave an example. Actually the city doesn’t matter for me, just a small university city that it be possible to easily rent the rooms like Vaxjö … and of course I understand it will be more expensive than 3 million SEK.
Could you elaborate on why you are interested in real estate investment, in particular?
Rules are very different here as compared to the anglosphere, where the advice is often given to invest in real estate as a lucrative side business, or even as a complete strategy. The core difference is that the whole rental market in Sweden is heavily regulated (as you would know from your own contract), which brings a whole set of challenges to the whole enterprise. I would advise you to look up all of the regulation covering the field, and then making a business plan to go with it and then do a triple sanity check on that.
I would avoid Växjö in particular, actually. Prices may be relatively low, but rentals have been vacant for over a year over there due to too many being built in the last few years.
So what is your plan for maintenance and general facility management of the property? If you intend to subcontract everything your ROI will take a beating.
Because I saved some money and I don’t know how to invest to be honest. I have put them on Lysa and Avanza in funds but I’m not happy about the return. Actually I got almost no return. So I was thinking real estate could have better return than stock market?
What do you think do you have any other suggestions?
I was also thinking to buy -to-let a property in another European country that it is not highly regulated like Sweden. I was thinking of Malaga or Barcelona or Paris. Do you think this strategy can work?
Vi har några avsnitt om fastighetsinvesteringar: