Priciest Swedish home sold for $6.98M

STOCKHOLM, Sweden, Dec. 29 (UPI) -- The most expensive home sold in Sweden this year went for $6.98 million, which was paid by a Russian businessman.

Alexander Izosimov, chief executive officer of Vimpelcom, purchased the detached home in Stockholm's Djusholm district for the hefty price, making it 2007's top home purchase in all of Sweden, The Local reported Saturday. Still, it only ranks as the country's second most expensive home purchase ever.

Outside of the Swedish capital, the most expensive home sold in 2007 now belongs to soccer star Zlatan Ibrahimovic. Ibrahimovic purchased a lavish home in Malmo for more than $4.6 million, a payment that represented the Swedish city's top home sale in its history.

The Local said the pricey Swedish homes pale in comparison to the world's top home sales. The world's most expensive home sale occurred in Britain, where Forbes magazine said famed Updown Court was sold for $138 million.