The process of buying a house in Sweden

Buying a house in Sweden differs significantly in several respects from buying a house in Germany, Austria, or Switzerland. The process is clearly structured, highly digitized, and relatively transparent for both buyers and sellers.

1. Property search and viewing

Most properties are offered online through portals like Hemnet. Interested parties register for scheduled viewings ( visning ), which often take place over one or two days. Individual viewings are rather uncommon. After the viewing, prospective buyers can register their interest with the real estate agent.

2. Bidding process

In Sweden, an open bidding process is common. Bids are usually submitted via SMS or an online platform. All bidders can see the current bids, but not the names of other interested parties. Important: A bid is not legally binding until a purchase agreement is signed. The seller is free to decide which bid to accept – it doesn't necessarily have to be the highest one.

3. Purchase contract (Köpe contract)

Once the seller has chosen a buyer, a written purchase agreement ( köpekontrakt ) is drawn up and signed by both parties. Only from this moment is the purchase legally binding. A down payment of approximately 10% of the purchase price is usually due immediately.

4. Financing and auditing

Many buyers have a surveyor ( besiktning ) conduct a house inspection before finalizing the purchase. Unlike in Germany, the responsibility for inspecting the house largely lies with the buyer. Claims for defects discovered later are subject to limitations. Simultaneously, the financing is finalized with the bank.

5. Handover and completion of the purchase (Tillträde)

On the agreed handover day ( tillträdesdag ), the remaining balance of the purchase price is paid. At the same time, the buyer receives the keys and the house officially becomes their property. The land registry entry ( lagfart ) is then applied for, usually automatically through the bank or real estate agent.

6. Additional costs

The closing costs in Sweden are comparatively low. There is no real estate transfer tax like in Germany. Instead, the buyer pays a land registry fee of 1.5% of the purchase price, as well as a small administrative fee. The real estate agent's commission is usually paid by the seller.

Conclusion

Buying a house in Sweden is transparent, efficient, and well-organized. The open bidding process and the buyer's strong responsibility for inspecting the property are key differences compared to other countries. Those who prepare well and understand the process can easily realize their dream of owning a home in Sweden.