Now is the right time to buy property abroad !
Never before has the Swedish people been in such a good position as now when the Swedish economy is doing well, even if there has been a break due to the Covid-19 virus. In addition, property prices abroad are attractive now and the Swedish currency is relatively strong. However, the most favorable factor is the low interest rates that have been around for a while and will remain so for several years to come as there is a lot to catch up on as the virus is "defeated"! There are many indications that you should strike now if you are considering investing in your own accommodation abroad. In the short-term perspective, there may be opportunities for good prices as the market has stagnated due to travel restrictions. The combination of low mortgage rates, still a bit shaky property prices due to a large supply of newly built homes can make 2021 - 2022 as an opportunity to buy your dream home. The real estate market is now primarily the buyer's market. Buyers have fantastic opportunities to get good deals. New constructions have partly stopped, partly due to stop in the last year and builders wait until the current large supply has found its buyers. The supply will shrink in the long run, the effect will be that prices are expected to rise in the coming years.
