New builds in Stavanger
Location and climate
Stavanger is a city in Norway, located on the peninsula of the same name on the North Sea coast of the southwestern coast of the country, surrounded by fjords.
The climate is temperate maritime, the average temperature is above zero. Summers are cool and cloudy; winters are cold and windy. It is humid throughout the year, temperatures typically range from -3°C to +20°C and are rarely below -10°C or above +25°C.
Why is it profitable to buy an apartment from a developer in Stavanger?
The city has developed fishing, oil (80% of Norwegian oil is extracted here) industry as well as shipbuilding. After thirty years of economic growth, Stavanger has turned into a beautiful modern city, however, since it was not devastated by large fires, like many other wooden Norwegian cities, it managed to restore the old part. Many tourists come here to see the beautiful fjords. In the city center you can walk, shop, and relax (the streets are for pedestrians only). Stavanger is safe, the crime rate is low.
The airport is located twelve kilometers from the city, near the settlement of Sola (for international and domestic flights). Planes depart from here to Amsterdam, London, Manchester, Copenhagen and other cities in Norway. There is a railway station. Public transport within the city is represented by buses. The first electric unmanned buses are being tested.
At the University of Stavanger, 11,000 students receive education annually (they also become potential tenants and buyers of new builds), and at least 10% of them are foreigners. The city is considered the most reliable place to get a job in Norway immediately after graduation, as there are many companies in the fuel and energy sector, and modern IT technologies.
The greatest interest among foreign investors, along with new apartments in Oslo, Bergen, is in Stavanger real estate in the new builds for sale, since the city is one of the oldest in the country, known for beautiful buildings, beaches and delicious local cuisine. Demand for residential complexes in Stavanger is growing steadily, which stimulates an increase in prices for apartments in residential complexes. The sale of apartments from developers according to the procedure is transparent, the quality of new builds for sale meets accepted standards, which is confirmed by customer reviews.
The minimum price per square meter of space in a new home from a developer in Stavanger (turnkey apartments) is 5,440 USD (information provided by the real estate search engine GEOLN.COM).
What to watch
- Old city
- Museums: city, oil, canning, maritime, archeology, aircraft, arts
- Stavanger cathedral
- Utstein Abbey
- Family farm Breidablikk
- Ice house
- Watchtower Walbergstarne
- Lysefjord
- Preikestolen (massive flat-topped rock)
Acquisition of apartments in Stavanger from the developers by foreigners
Foreign investors (citizens, legal entities) have the right to buy an apartment in Stavanger in a new home for sale without restrictions.
An apartment in a new development in Stavanger is an expensive but profitable investment for the purpose of renting out housing to visiting tourists, specialists, living in a country of beautiful pristine nature, and a high quality of life.
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