New buildings in Gothenburg
Location and climate
Gothenburg is the second (after Stockholm) largest city in Sweden, located on the west coast, on the banks of the Kattegat, at the mouth of the Geta-Elv River.
The climate is maritime, thanks to the Gulf Stream it is mild. Summers are warm, the average temperature is + 22°C. Winter is windy, temperature ranges from -1 to +4°C, very rarely drops to -20°C; snow mostly falls from December to March.
Why is it profitable to buy an apartment from a developer in Gothenburg?
The port city, the only one in Sweden, can accommodate the world's largest ocean-going ships, providing direct links to other continents. For fifteen years in a row, the city has topped the list of the best logistics centers in Sweden, and the port is a decisive factor in favor of such a high rating by international experts.
It is one of the fastest growing metropolitan areas in Europe. The leap in development that it has made in recent years is the most significant in its entire history. Huge funds are being invested in urban development and infrastructure projects. By 2035, additional 120,000 jobs will be created, and consequently the central part of Gothenburg will double.
International interest in the city is at a record high. Gothenburg has been named the "European Capital of Smart Tourism" as it has excelled in innovative inclusive tourism solutions, in particular digital technology and connectivity.
Gothenburg, together with Lindholmen, is currently the most popular in Sweden in terms of IT development. Experts of “Computer Sweden” note that Gothenburg attracts many companies that implement new ideas. The city also has an important place in the international space industry thanks to space research companies. More than half of the companies that operate in the Swedish space industry are located here.
The wage fund in the city is growing at a faster pace than in the whole country, primarily in the construction industry and the service sector. The international ranking of the Global Destination Sustainability Index has several times identified Gothenburg as a world leader in sustainable development, Lonely Planet named Gothenburg the most environmentally friendly among all cities in the world.
Public transport is represented by trams, buses, and boats. Tram is the most popular kind of public transportation. Thousands of new public charging stations have been installed in the city, which are found even in remote areas for cars and heavy vehicles. The authorities have set a goal: by 2030, the transport system should be fully electrified.
The city is home to Gothenburg University, Chalmers University of Technology, Valand School of Fine Arts.
Property prices in the new buildings of Gothenburg are growing and the demand for primary housing is great. Developers are very optimistic. Some reduction in supply (at present there is a sufficient amount of real estate in new buildings) and low long-term mortgage rates have become the main stimulating factors for increasing housing prices. In the coming months, analysts predict continued growth in prices for residential complexes in Gothenburg.
Of all the Scandinavian countries, Sweden has the most balanced effect on pricing, as a result of which there are practically no unclaimed real estate in the residential complexes. The sale of apartments from developers is carried out in compliance with the law and the quality of the objects complies with EU building standards, which is confirmed by customer reviews.
According to the information provided by the real estate search engine GEOLN.COM, the minimum price per square meter of space in a new building from a developer in Gothenburg (apartments handed over in a turnkey condition) is 2,550 USD.
What to visit in the city and its surroundings
- Fort elfsborg
- Fortress Skansen-kronan
- Mastugg Church
- Wing lighthouse
- Gustav Adolf Square
- Kungsportsplats area
- Poseidon fountain
- Merchant houses of the 18th century
- City museum,
- Museums of navigation, design, art, world culture, Universium
- Maritime Center
- Opera theatre
- Skyscraper Utkiken with an observation deck
- Treadgårdsfereningens park
- Amusement park Liseberg (the largest in Scandinavia)
- Slottskogen park
- Botanical Garden
Acquisition of apartments in Gothenburg from the developers by foreigners
Foreign investors can buy apartments in Gothenburg in the new buildings without restrictions.
Purchasing an apartment in a new building in Gothenburg is a profitable investment for the purpose of renting the housing out and living in a country with one of the best innovative economies.