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Built in the 18th century as a health resort, Sätra Brunn is a picture-perfect example of Swedish village architecture, complete with a church, a school and a hotel, and has a bottling operation to market its own local spring water.
In continuous use as a spa town for 320 years, it was bought by its current owners in the early 1990s.
Jonas Martinsson, who is handling the sale for Christie’s International Real Estate, says this group of 15 local residents were “happy amateurs with some education and experience, but not a lot. They wanted to buy it and preserve it so it wasn’t cut up.”
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“It’s a very complex structure that developed throughout the years,” explains Martinsson. It’s been centuries in the making and “no one can build this type of village in a a couple of years.”
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Firstly, there’s a traditional developer who wants to take on the existing accommodation and commercial enterprises and then expand and refurbish as they see fit.
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Companies specializing in medical tourism are another buyer profile – the village would make an ideal recuperation spot for those traveling to Sweden for treatment.
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It’s only one of seven springs awarded Sweden’s highest purity designation and the bottle operation produces two million units a year.
Globally, property markets and tourism industries face a tough few years ahead. But for the brave buyer or buyers who take on Sätra Brunn, the venture might be worth it.
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