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Swedish City With 18,000 Inhabitants Sells Land For Only 1 Crown (R$ 0.52), Per Square Meter

Written by Valdemar Medeiros
Published on 01/07/2024 at 07:17
Updated on 30/06/2024 at 18:28
Cidade sueca com 18 mil habitantes vende terrenos por apenas 1 coroa (cerca de R$ 0,52 centavos), por metro quadrado
Foto: Divulgação
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Götene Offers Great Cheap Plots For Those Who Want To Live In Sweden. The City Sells Plots For Just 52 Cents Each! There Are 29 Plots For Sale In Total.

The city of Götene, in Sweden, located about 320 km southwest of Stockholm, is selling 29 plots for 52 cents per square meter. These plots offer a unique opportunity to build the house of your dreams, whether to live permanently in Sweden or as a vacation home, according to current regulations. Take advantage of this rare chance to acquire a plot in a charming and promising location.

Understand Why The Swedish City Sells Plots For 52 Cents

If the heat wave is making southern Europe less attractive by the day, this could be the solution. Götene, a rural area with 5,000 residents in the main town and 13,000 in the neighboring municipality, represents the best of rural Sweden. The mayor Johan Mansson states that it is a combination of the current economic recession and the decline in rural population.

The Swedish city sells plots for 52 cents because the real estate market is currently very slow in the region and in the country in general, due to high interest rates and a mild recession, so the government sought to inject something into the market. Götene is also experiencing low birth rates and an aging population, so something needs to be done to bring more people to live in Sweden in this region.

According to the mayor of Götene, the Swedish city has been selling plots for 52 cents since last month, with about 30 interested buyers. Four of them purchased plots for the price of one crown (about R$ 0.52) per square meter. The sizes of the plots ranged from 700 to 1,200 square meters.

Cheap Plots To Live In Sweden Become A Success

The mayor of Götene claims that, since then, things have intensified and he has begun receiving thousands of requests at his call center. There are two people in the city hall’s call center who have been working very hard in recent days. Due to the unprecedented demand, the mayor says that there have been calls from all over the world. The authorities paused the bidding process until the beginning of August to decide how to proceed.

When they resume, it is likely that there will be a bidding process for the plots, instead of selling them for just 1 crown per square meter, the lowest price applies only if no one else wants the plot. The mayor states that building a house generally costs around 3 to 4 million crowns, or about R$ 2 million. The plots typically cost around 500,000 crowns, or approximately R$ 262,000.

So far, the Swedish city has been selling plots for 52 cents to anyone, it is not necessary to be a resident of Sweden or commit to living there permanently. This way, he claims that the city may need to revisit the rules.

Requirements For Building A House To Live In Sweden

It is worth mentioning that, of course, building a house does not give you the right to live in it full-time. Visa rules are determined by the government. The only requirement from the city is that the construction of the house must begin within two years after purchasing the plot. The settlement in Götene does not end with these 30 plots.

The mayor states that it is not impossible for them to create some kind of affordable housing scheme similar to the one-euro houses for which rural communities in Italy are famous. There are many more plots, and there are chances to evaluate whether it will be possible to do something to take advantage of more than just the 30 plots.

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Valdemar Medeiros

Formado em Jornalismo e Marketing, é autor de mais de 20 mil artigos que já alcançaram milhões de leitores no Brasil e no exterior. Já escreveu para marcas e veículos como 99, Natura, O Boticário, CPG – Click Petróleo e Gás, Agência Raccon e outros. Especialista em Indústria Automotiva, Tecnologia, Carreiras (empregabilidade e cursos), Economia e outros temas. Contato e sugestões de pauta: valdemarmedeiros4@gmail.com. Não aceitamos currículos!

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