Sweden’s most expensive rental apartment just became available

Sweden's most expensive rental apartment just became available
You'll get to live at Kristineberg Palace in Stockholm. Photo: Holger Ellgaard/Wikimedia Commons
An apartment in an 18th-century palace in Stockholm just became available via the public housing queue. But there's a catch: it also happens to be the most expensive apartment in Sweden.

The 245-square-metre apartment and its eight rooms are recently refurbished, and best of all: they are part of Kristineberg Palace, a palace built on Stockholm's Kungsholmen island around 1750.

The apartment has been owned by Stockholm City Council since 1920 and is being rented out via the public housing queue almost as any kind of hyresrätt (an apartment part of the rent-controlled housing system).

But it is not any kind of hyresrätt.

In fact, it is significantly more expensive than most. Any hopeful tenants will have to be prepared to pay a monthly rent of 40,930 kronor ($4,565) and your income needs to match up, which means you need to have a disposable income of 5,002 kronor left after you've paid the rent, according to Stockholm's public housing queue rules.

The average rent for a three-room apartment in Stockholm was 8,010 kronor in 2019, according to Statistics Sweden, in case you're wondering how it compares.

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“We understand the rent is high, but it is a very special lease. It is a historic apartment that must be cared for, and you are not allowed to do whatever you want to it,” Annika Gerdin, an officer at Stockholm's council-owned company that manages old buildings of cultural and historical significance, told newswire TT.

Despite the attractive location, it isn't usually easy to find a tenant for such a large – and expensive – apartment.

“When the apartment became available two years ago and it was to be refurbished, we considered breaking it up into smaller homes. But it only has one kitchen and we have an obligation to preserve it, so we can't make too many changes,” said Gerdin.

Still, if you're interested, you can find the apartment here.

Properties in Sweden

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