Yields are moderate in Stockholm, Sweden
September 30, 2011
Last Updated: Sep 30, 2011 | |||||
STOCKHOLM Apaertments | COST (€) | YIELD (p.a.) | PRICE/SQ.M. (€) | ||
TO BUY | MONTHLY RENT | TO BUY | MONTHLY RENT | ||
30 sq. m. | 202,470 | n.a. | n.a. | 6,749 | n.a. |
50 sq. m. | 326,650 | n.a. | n.a. | 6,533 | n.a. |
70 sq. m. | 429,240 | n.a. | n.a. | 6,132 | n.a. |
90 sq. m. | 581,850 | n.a. | n.a. | 6,465 | n.a. |
120 sq. m. | 838,920 | n.a. | n.a. | 6,991 | n.a. |
200 sq. m. | 1,506,600 | n.a. | n.a. | 7,533 | n.a. |
Source: Global Property Guide |
Swedish property yields are moderate. This year, we were unable to get yields figures because rents were hard to get in sufficient quantity to be reliable. When we surveyed them last year, mid-sized central Stockholm apartments (80 to 120 sq. m.) had the most generous gross yields, at 6 to 7%. Other sized properties seemed likely to have lower yields, at around 3 to 4%, and properties in suburban Stockholm also had relatively lower yields, at 3% to 5%, while apartments in the centre of the second-largest city of Gottenburg can yield around 5% to 7%.
Because rents are tied to the age of the property, the higher yields in the city-centre reflect partly the newer housing stock in those areas.
Generally, property prices in Stockholm vary in a range from €6,000 to €7,500 per square metre.
Round trip transaction costs on residential property are quite low in Sweden. See our Sweden residential property transaction costs analysis and Transaction costs in Sweden compared to other countries in Europe
Sweden - More data and information
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