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Skellefteå housing market thaws as Lyten battery plant boosts activity

Economy & businessEconomy
Skellefteå housing market thaws as Lyten battery plant boosts activity
Key Points
  • The Skellefteå housing market is thawing after years of stagnation, with increased activity linked to Lyten's battery plant plans.
  • Real estate agents report sales activity, including a four-room apartment sold for 4,495,000 kronor with a 6,500 kronor monthly rent.
  • There are currently 750 properties for sale and 1,000 empty rentals in Skellefteå, with some condominiums still unsold after two years.

According to sources, the news that Lyten is starting battery manufacturing and hiring 600 people is clearly noticeable among real estate agents. " Today, there are 750 apartments and houses for sale in Skellefteå on Hemnet, while municipal Skebo and private landlords have about 1,000 empty apartments to rent. At the bridgehead into town, the housing association Framtiden has about 70 condominiums, 30 of which are still unsold after two years.

" The exact timeline for Lyten's battery manufacturing start and hiring remains unclear, and it is unknown how the current market activity compares to pre-freeze levels. The underlying reasons for the unsold condominiums at Framtiden beyond discounts have not been specified.

There is more activity in the market now, which is clearly noticeable.

Sara Lundström, Real estate agent in Skellefteå

We have had a tough market, but it has started to move again.

Saga Lundström, Real estate agent

I sold a four-room apartment of 100 square meters for 4,495,000 kronor with a monthly rent of 6,500 kronor.

Saga Lundström, Real estate agent

We have had campaigns with discounts of 100,000 kronor per room, but now apartments are actually being sold here.

Saga Lundström, Real estate agent
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Skellefteå housing market thaws as Lyten battery plant boosts activity | Reed News