Last year 280 turnkey and for rent apartments were built in a municipal project called Snabba Hus, situated in Stockholm’s southern Västberga district. Svenska Bostäder, a company owned by the city and, at the same time, one of the biggest Swedish residential developers, completed the development in the summer of 2016. According to the objectives of the project, people between 18 and 30 years old will be able to rent their first studio here for about EUR 500, which is not expensive. “These people belong to a group that doesn’t have the money to buy property. That’s why we should help them,” is how a representative of the investor describes the objectives of the programme. And the Swedish press claims that around 300,000 flats are desperately needed “right now”.
Swedish Eldorado
The fast rate of construction is one of the main reasons for employing modular technology in this case. “It is great for us to build a high quality pro