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Mikael Sandström and Lotta Engberg Downsize to Seaside Villa
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Mikael “Soldoktorn” Sandström, 67, and Lotta Engberg, 62, are embracing a new chapter with a move to a smaller, seaside property.
The couple recently concluded thier work commitments, with Engberg performing at a birthday festivity for Åland billionaire Anders Wiklöf. Sandström shared this update with Expressen in Mariehamn.
Their current focus includes selling their expansive villa in Mölnlycke. Sandström confirmed they have purchased a new residence, transitioning from a 385-square-meter home to a more compact 155-square-meter property.
“We don’t… but in size we do,” Sandström remarked,emphasizing that the change in size doesn’t alter their lifestyle.
The appeal of their new home lies in its prime location by the sea.
Luxury Villa Sale Proves Challenging
The couple’s former residence, a luxurious estate previously owned by artist Elisabeth “Bettan” andreassen, boasts amenities such as a private cinema and an indoor pool. Despite its features,the sale has been slower than anticipated.
“It’s a little slow,” Sandström stated. “We try all the time, but it will probably go well. It’s a bit tough like this in the middle of summer.”
Nonetheless of the sale’s timeline, the couple plans to move into their new, smaller home.
Summer Plans Include Relaxation and Fishing
Their summer itinerary involves spending time at Sandström’s long-standing country property on Flatholmen, near Tjörn. The schedule includes golf, fishing, and relaxation.
Sandström also shared his tradition of boiling crabs at Flatholmen and offered a tip for preparing them.
“My tip to anyone who wants to cook crabs is to take seawater and then a tablespoon of salt extra for every liter of water,” he advised. “Then you get a more natural taste. You should not drink that, but you should cook the crabs in this.”
“It gets damn good taste,” he added.
Lotta Engberg and Mikael “Soldoktorn” Sandström sell the luxury house – the pictures from within
Understanding property Transitions
Downsizing,or rightsizing,is a common life event,often driven by changing needs,financial considerations,or a desire for a simpler lifestyle. Factors influencing the sale of high-value properties can include market conditions, seasonality, and the unique appeal of the property itself.
| Metric | Details |
|---|---|
| Current Residence Size | 385 sq meters |
| New Residence Size | 155 sq meters |
| Key Feature of New Home | Seaside location |
Did You Know?
The decision to downsize can often lead to reduced maintenance costs and a more manageable living space, freeing up resources for other pursuits.
Pro Tip: When selling a unique or luxury property, consider professional staging and targeted marketing to attract the right buyers.
Frequently Asked Questions About Downsizing
- what is downsizing in real estate?
- Downsizing refers to selling a larger home and moving into a smaller one, often to reduce expenses, simplify upkeep, or better suit current needs.
- Why do people choose to downsize?
- Reasons for downsizing include financial savings, less maintenance, a desire for a simpler lifestyle, or relocating to a more convenient area.
- What are the benefits of moving to a smaller home?
- Benefits can include lower utility bills, reduced property taxes, less time spent on cleaning and repairs, and possibly more disposable income.
- How does location impact property sales?
- Location is a critical factor in real estate, influencing demand, property values, and the speed at which a home sells.
- What are common challenges when selling a luxury home?
- Luxury homes can sometimes take longer to sell due to a smaller pool of potential buyers and the need to find someone who appreciates the specific features and price point.
What are your thoughts on the trend of downsizing? Share your experiences or advice in the comments below!
