Lidingö is one of Stockholm’s most sought-after suburban areas, known for its beautiful villas, green spaces, and proximity to both nature and the city center. For those considering renting out their house in Lidingö, there are several important factors to consider to ensure a smooth and profitable rental experience. This guide covers everything you need to know when renting out your house in Lidingö.
1. High Demand for Rental Properties in Lidingö
Lidingö is a highly desirable location, especially for families seeking a peaceful and nature-filled environment while still being close to Stockholm. The island offers a mix of charming older villas and modern houses, attracting a wide range of potential tenants. The demand for rental properties is steady, particularly from families, expats, and those looking for a quieter place to live while remaining within commuting distance to the city.
Given Lidingö’s excellent schools, parks, and easy access to public transportation, the area remains an attractive place for potential tenants. This means that renting out your house in Lidingö is likely to be a straightforward process if you are offering a well-maintained property.
2. Rental Prices in Lidingö
Rental prices in Lidingö are generally higher than in other suburban areas of Stockholm, reflecting the area’s desirable qualities and the strong demand for housing. Here is an approximate price range for renting out houses:
- Small House (2-3 rooms): Rent for a smaller house can range from 20,000 to 30,000 SEK per month, depending on the size, standard, and location of the house.
- Larger House (4-5 rooms): For a larger house, rent typically ranges between 30,000 and 50,000 SEK per month. Houses with higher standards, large gardens, or good views can rent for even higher amounts.
- Exclusive Villas: For exclusive villas, particularly those with high-end finishes and large properties, rent can go from 50,000 to 100,000 SEK per month, or more.
It is important to set your rental price in line with the market rates for similar properties and the standard of your house, ensuring that it is both attractive to tenants and fair to you as a landlord.
3. Rules and Regulations for Renting Out a House
When renting out a house in Lidingö, or anywhere else, there are certain laws and regulations you need to follow:
- Lease Agreement: A clear and written lease agreement is essential to protect both you and the tenant. The agreement should outline all important details, including the rent amount, rental period, maintenance responsibilities, and rules for termination.
- Fair Rent: Swedish law requires that rent must be reasonable. If a tenant believes the rent is too high, they have the right to request a rent review. Make sure to set a fair rent based on the market and your property’s value.
- Short-Term Rentals: If you are considering renting out your house on a short-term basis (e.g., via Airbnb), be aware that there may be specific regulations to follow, both from your housing association (if applicable) and local authorities. Always check these rules before proceeding with short-term rental.
4. Advantages of Renting Out a House in Lidingö
There are several advantages to renting out a house in Lidingö:
- Peaceful and Nature-Filled Living: Lidingö offers a fantastic living environment with plenty of green spaces, parks, and waterfronts. For tenants who want a quiet and nature-filled living experience close to the city, Lidingö is an ideal choice.
- Proximity to Stockholm: Lidingö has excellent transportation links to Stockholm, making it easy to commute to work, school, or other activities in the city. It’s an ideal location for those who want the best of both worlds—peaceful suburban living with easy access to the vibrant city life.
- High Demand: Given Lidingö’s appeal, there is a steady demand for rental properties. This makes it a secure and profitable area for landlords looking to rent out their homes.
5. Conclusion
Renting out a house in Lidingö can be a highly profitable venture, especially if you own a property in an attractive area that offers both tranquility and easy access to Stockholm. To ensure a smooth rental process, it’s important to follow legal regulations, set a reasonable rent, and have a clear lease agreement in place. By considering these factors, you can create a successful and profitable rental experience for both you and your tenants in Lidingö.