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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.”

What is causing the decline of Alembic Limited (506235) ✌️【Real-Time Data】✌️ Free real-time global stock indices and data to help you grasp stock market trends and achieve capital 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.”

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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.

What is causing the decline of Alembic Limited (506235) ✌️【Real-Time Data】✌️ Expert predictions with real-time stock trend analysis to help you quickly select high-potential stocks and grow capital. 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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