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Sweden’s priciest flat for sale: 80 million kronor

Sweden's most expensive flat is now for sale, brokered by celebrity real estate agent Fredrik Eklund for a listing price of 80 million kronor ($11.18 million).

Sweden's priciest flat for sale: 80 million kronor

The dwelling on Strandvägen, one of Stockholm’s most exclusive addresses, comprises two neighbouring apartments stretching over 462 square metres and overlooking Djurgården and Saltsjön. It boasts 15 rooms, 9 bedrooms, two kitchens, two balconies and three open fireplaces.

“We’re under contract, we can’t give out any information about the apartment,” Eklund told The Local by phone from New York on Tuesday.

“We have shown the apartment several times since listing it two days ago.”

The future owners will have free rein to create their dream home through this unique opportunity, Eklund added.

“You can install a spa, a gym, there are no limits,” he said.

“The space is there, the view, the size, it’s large and beautiful. It has lots of things going for it, lots to create the best apartment in Sweden, no comparison.”

Eklund told Dagens Nyheter that connection speeds on his company’s website, Eklund Stockholm New York, have slowed due to a spike in traffic.

In addition, the price per square metre, which works out to 173,160 kronor, is four times higher than the average in Stockholm, but price is no object to his clients, who come from 80 different countries.

Eklund counts among his celebrity clients actress Cameron Diaz, who purchased an apartment in February 2008, and singer John Legend, who bought a $2.3 million apartment in New York City’s East Village last August.

Eklund’s father Klas is the former chief economist of Swedish bank SEB, while brother Sigge is an author.

Prior to entering the real estate business, Eklund starred in a number of American gay pornographic films under the screen name Tag Eriksson.

He has also founded Swedish software company Humany, which numbered former Swedish prime minister Carl Bildt among its directors.

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EXPENSIVE

Copenhagen ranked one of world’s most expensive cities to live

Copenhagen is in the top ten of the world's priciest cities to live in – and the fourth-most expensive city in Europe, according to a global study.

Copenhagen ranked one of world’s most expensive cities to live
File photo: Anne Bæk/Ritzau Scanpix

The Economist Intelligence Unit’s (EIU) annual Worldwide Cost of Living report named Copenhagen as the joint seventh-most expensive city in the world, up one place from its 2018 ranking and two higher than in 2017, when it was ranked ninth.

The Danish capital was one of four European cities and only three European countries to feature in the top 10. Paris was ranked joint first and the only eurozone city in the top ten, with Swiss cities Zurich and Geneva in joint fifth.

Singapore, Hong Kong, Osaka, Seoul, New York, Tel Aviv and Los Angeles were the other cities in the top ten.

Copenhagen is one of the “usual suspects” in the annual list, the report said, with the average price of a 1kg loaf of bread found to be $4.21 (27 kroner) and a typical women's haircut costed at $176.63 (1,150 kroner).

The Danish capital, which pegs its currency to the euro, owes its place high on the list to “relatively high transport, recreation and personal care costs,” according to the report.

The Economist Intelligence Unit, which carried out the research, said it was the first time in the more than three decades of the survey that three cities were equally ranked top, after Singapore led the chart outright a year earlier.

Currency appreciation, inflation and devaluation as well as political upheaval played a part in this year's rankings, said EIU, which surveyed 133 cities worldwide.

It compared 400 individual prices across 160 products and services, including food and drink, clothing, home rental, transport, schooling and recreation.

The survey is aimed at helping companies calculate compensation packages and allowances for expatriate staff and business travellers.

Caracas replaced Damascus as the world's cheapest city amid a power struggle in Venezuela that has plunged the country into a deepening crisis.

“As Damascus and Caracas show, a growing number of locations are becoming cheaper because of the impact of political or economic disruption,” the report said.

Asia's economic divide was underscored, with cities including Bangalore (129th), Karachi (127th), Chennai (125th) and New Delhi (123rd) ranking near the bottom.

READ ALSO: Denmark is most expensive EU country for consumer goods

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