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Buying

There are no restrictions on foreigners purchasing property in Sweden and the usual procedure is to employ the services of an estate agent to handle the property search on your behalf.

Once a property has been found the buyer should communicate their offer through their estate agent and should the offer be accepted, the buyer will be expected to place a deposit of 20% of the total price of the property.

It is common practice to hire the services of an independent surveyor and it is highly advised to employ the services of a legal counsel although this is not a legal requirement. When the sale has been completed, it is the responsibility of the buyer to apply for the property deeds of title within 3 months of the purchase and submit them to the authorities. If you use the services of a lawyer, this is one of the aspects of the sale that they will complete on your behalf.

In terms of fees, it is usual for the seller to pay approximately 4% of the total property price to their estate agent. The buyer will need to pay stamp duty of 1% once the title deeds have been officially registered.

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