10 Great Places Around The Globe To Own Property
3) Sweden
Sweden may not have been on your radar as a real estate investment. However, this could work in your benefit if you look at the actual makeup of Sweden, and where the opportunity exists. First, you can’t deny that Sweden has been considered one of the best countries to live in for decades. They have top education, low crime, and let’s face it—beautiful people. However, it is what they can offer an investor in real estate that is often overlooked. Of those 9 million Swedes, 65% of them live in a rented or co-operatively owned property. More importantly to the investor is how desperately short Sweden is on the number of properties available to the number of renters. What does this mean to you? Low supply, and heavy demand. We all took an economics course somewhere along the line, and it seems this is the formula for those go-getter investors. Sweden doesn’t have the problems of much of Europe. Tenancy is nearly 100%, tenants are all employed, and middle class workers who can pay their rent. With the addition of Sweden’s open book policy to landlords, the screening process a cinch, with a lot of perspective candidates ready to jump in and fill a hole.