Homes and gardens

How about bostadsrätt? – Riksbyggen

For those new to Skellefteå and looking to buy or invest in an apartment, navigating the housing market can be overwhelming. However, as Jenny Elveljung from Riksbyggen explains, there is one option specific to Sweden that offers a unique way of property ownership: Bostadsrätt.

Jenny Elveljung from Riksbyggen, photographed outside Brf Utsikten in Skellefteå by Donna Richmond

Bostadsrätt is a unique form of apartment ownership in Sweden, in which you buy your flat, but together with your neighbors, you also partly own the apartment block itself, and you all pay a fee to take care of the building’s maintenance, gardening, snow-shoveling, etc.

Here are some key reasons why buying a bostadsrätt could be a good way for you to find a home in Skellefteå.

Security of tenure: When you purchase a bostadsrätt, you become a member of an association that owns the building or property. As a member, you have the right to live in your specific unit for as long as you comply with the association’s regulations.

Control over the property: As an association member, you have a say in the property’s management, and participate in decision-making processes, which ensures you have a voice in the upkeep, maintenance, and future development of the building.

Financial benefits: When you buy a bostadsrätt, you are also buying a share in the association that owns the entire building. If the property value increases over time, so does the value of your flat.

Community living: Bostadsrätt promotes community living, which can be a major advantage for those Skellefteå newcomers looking for a sense of belonging and connection where they live. As a member of the association, you are part of a community that shares a common interest in the property. This can lead to more social interaction, shared responsibility, and a greater sense of safety and security, all important things to consider when you move to a new city.

Long-term stability: Bostadsrätt is a well-established and respected form of housing ownership in Sweden, with a legal framework that has been in place for decades. There are long-standing practices and regulations in place to protect the rights of residents and ensure the smooth operation of housing cooperatives. This means you can have confidence in your investment and in the long-term stability of your housing situation.

If you’re looking to buy a bostadsrätt in Skellefteå, purchasing through Riksbyggen is a smart option. Riksbyggen is a leading housing cooperative that provides high-quality, sustainable housing solutions.

Riksbyggen offers a ”Purchase Commitment” making it easier and safer for you to invest in your future. Additionally, Riksbyggen is committed to promoting community living and social responsibility, creating a strong sense of belonging among new Skellefteå residents.

Read more about Riksbyggen, Bostadsrätt and Brf Utsikten here: riksbyggen.se

 

This content was paid for by an advertiser and produced by Norrland Living’s Creative Hub. Photographs by Donna Richmond

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