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Russian owns Sweden's priciest home

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11:54 CET+01:00
The most expensive house sold in Sweden in 2007 was a detached home in Stockholm's Djursholm district, which was sold to a Russian businessman for 44.75 million kronor ($6.98 million), according to a new list published by Svenska Dagbladet.

The price makes the house the second most expensive private home ever sold in Sweden. The buyer, Alexander Izosimov, is CEO of Russia's second-largest mobile operator, Vimpelcom.

The second most expensive house of 2007 was sold in another fashionable area of Stockholm, Lidingö.

The house, Stora Björkudden, was bought by Bo Risberg, an executive at building company Hilti. He paid 32 million kronor for the home. The house, with living space of over 600 square metres and a plot of 7,800 square metres, has a rich history, and was once a regular haunt of Greta Garbo.

The most expensive home outside Stockholm to be sold in 2007 was a house in Malmö's Limhamn area. It was snapped up by footballer Zlatan Ibrahimovic for 30 million kronor. The house was the most expensive ever sold in Sweden's third city, and made a tidy profit for its previous owner, who bought it in 2003 for just eight million kronor.

Big names from Sweden's business elite feature on the list. Annika Falkengren, CEO of SEB bank, bought her house on Djursholm from Hennes & Mauritz CEO Stefan Persson for 21 million kronor. The price tag puts her at ninth on the list.

The Swedish houses are relative bargains compared to the world's priciest homes. According to Forbes magazine, the most expensive home of 2007 was the $138 million Updown Court, in Windlesham, UK - nearly twenty times more expensive than the priciest Swedish house.

Even the tenth most expensive house, on Cap Ferrat in the south of France, which cost $65 million, dwarfs the cost of the most expensive Swedish home.

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