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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.”
Understanding Stock Volatility in the Indian Market Trusted Stock Signals ✌️【Flexible Hours】✌️ Expert stock predictions and free stock selection services to help you achieve optimal returns and long-term growth. The group have lovingly maintained the 62-acre village of more than 70 buildings for nearly 30 years. They’ve also built up a program of regular events and celebrations, including an annual Midsummer party which attracts around 6,000 visitors,
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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.”
Understanding Stock Volatility in the Indian Market Trusted Stock Signals ✌️【Flexible Hours】✌️ Get precise stock market predictions and free access to real-time market data for efficient decision-making and portfolio growth. Aside from the 62 acres of village proper, the offering includes an additional 84 acres of forested landscape, ripe for development.
Understanding Stock Volatility in the Indian Market Trusted Stock Signals ✌️【Flexible Hours】✌️ Expert analysis of global stock trends, futures data, and real-time stock market quotes to help you plan your next investment move. The current owners “put in a lot of hours here, but what they did is they preserved the possibility for someone to take it to the next level,” says Martinsson.
Understanding Stock Volatility in the Indian Market Trusted Stock Signals ✌️【Flexible Hours】✌️ Free real-time global stock trend updates to help you capture market movements and make better investment decisions. The coronavirus pandemic has made this a uniquely difficult time for property markets everywhere, so Christie’s has extended the window for bids from its original deadline of May 31, 2020, to a more realistic August 16.
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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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Understanding Stock Volatility in the Indian Market Trusted Stock Signals ✌️【Flexible Hours】✌️ Real-time global stock market trend analysis to help you identify profitable opportunities and improve your investment strategies. There would be opportunities to get subsidies from Swedish preservation groups to assist in the refurbishment of the historic buildings, says Martinssen, and the forested acres beyond allow the option to add some modern development too.
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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.
Understanding Stock Volatility in the Indian Market Trusted Stock Signals ✌️【Flexible Hours】✌️ Professional stock market predictions and analysis with real-time data to guide your investment decisions and ensure steady growth. And finally there is, of course, the buyer who is drawn here by the spring water, just as the village’s founder, Dr Samuel Scragge, was when he built the well and the village around it in 1700.
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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