Property Investment in Finland as a Foreigner

Foreigners can freely buy and sell real estate in Finland. To purchase a land plot with a house, one needs permission from the Ministry of Defence of Finland.

The growth of residential real estate prices is low: every quarter, on average, by 0.6%. Seven years ago, an apartment of 100 m²  cost an average of €344,000, and today it is sold for €530,000.

€5,300

Average price per 1 m²

0,6%

Average price growth per quarter

4,05%

Associated costs, of the property value

How the residential property price index is growing in Finland

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Cost of a 3-bedroom apartment in Finland

€1.5 million

Penthouse in the centre of Helsinki

€800,000

Apartment in the centre of Helsinki

€500,000

Apartment in Helsinki or Espoo

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  • Get fully prepared and verified documents for a purchase

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Finland residency or citizenship by real estate investment

A purchase of real estate does not lead to becoming a Finnish resident or citizen.

Discover real estate market trends in 41 European countries

Discover real estate market trends in 41 European countries

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  • Estimate costs accurately

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Taxes and associated costs

Purchase taxes

Property buyers pay a transfer tax and a registration fee. The associated costs amount to 4.05% of the purchase agreement value.

When buying an apartment worth €500,000, the investor will spend €520,250, including additional costs.

Transfer tax4% of the transaction amount
Registration fee0.05% of the transaction amount

Ownership taxes

Approximate annual costs for maintenance of an apartment

Property owners in Finland pay an annual property tax ranging between 0.93 to 2% of the cadastral value. The rate is set by municipalities depending on the property type: an apartment or a house, a primary residence or a summer cottage, a building or a land plot.

In the case of an apartment building, the housing joint-stock company pays the tax: it is divided among apartment owners in proportion to their stock of shares.

Rental income is subject to an income tax at a progressive rate of 30 to 34%.

Electricity, gas, water, heating, and garbage collection€130—200 per month
Internet, TV, and telephone€40—80 per month

Sale taxes

Real estate sellers pay a capital gains tax at a progressive rate of 30 to 34% on the difference between the sale and purchase prices.

The agency fee ranges between 4 to 6%.

Capital gains tax — paid on the difference between the sale and purchase prices30—34%
Agency fee4—6% — VAT included

Countries to buy a property and get residency or citizenship

We offer proven properties that comply with the conditions of government programs for investors. You can buy real estate and obtain a residence permit or citizenship.

Country and status
Investments
Status
Time required
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Malta29 properties

€375,000+

Permanent residency

6+ months

Show 29 properties

€375,000+Permanent residency6+ months
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Grenada44 properties

$270,000+

Citizenship

8+ months

Show 44 properties

$270,000+Citizenship8+ months
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ae-flagae-flag
UAE158 properties

AED 750,000+

Residence permit

2+ months

Show 158 properties

AED 750,000+Residence permit2+ months
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Spain38 properties

Not limited

Residence permit

4+ months

Show 38 properties

Not limitedResidence permit4+ months
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Portugal68 properties

Not limited

Residency after D Visas

6+ months

Show 68 properties

Not limitedResidency after D Visas6+ months
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40+ guides with European countries

Find out how much it costs to buy and rent real estate in each country, what the market dynamics are and what taxes you need to pay when buying and selling.

ie-flagProperty Investment in Ireland as a Foreigner

In Ireland, foreigners can buy, sell and rent out properties without restrictions. Statistics confirm the liquidity of investments:...

€4,400

Average price per 1 m²

1,7%

Average price growth per quarter

Learn more
gr-flagProperty Investment in Greece as a Foreigner

Greece does not restrict property deals. Therefore, foreigners can freely buy, lease, and sell residential and commercial real...

€2,600

Average price per 1 m²

€250,000+

Real estate investment for residency

Learn more
cz-flagProperty Investment in Czech Republic as a Foreigner

In Czechia, foreigners can buy, sell and rent out properties without restrictions. Statistics confirm the liquidity of investments:...

€4,400

Average price per 1 m²

3%

Average price growth per quarter

Learn more
Igor Buglo

Material prepared by Igor Buglo, Head of the Maltese office, MBA

Updated:

​Frequently asked questions

  • Is buying a house in Finland worth it?

    Buying a house in Finland can be a worthwhile investment, depending on your goals and circumstances. 

    If you’re a foreign investor, owning a property doesn’t automatically grant residency, but it could improve your application chances if you’re considering long-term residency.

    Finland has a stable and transparent real estate market with consistent property values, especially in major cities like Helsinki, Turku, and Tampere.

    Finland is known for its high standard of living, excellent healthcare, education, and low crime rates, making it an attractive place to live and invest.

  • Can foreigners buy property in Finland?

    Foreigners can buy and sell apartments in Finland without restrictions, and to buy a land plot with a house, they need to get a permit from the Finnish Ministry of Defense.

  • Is Finland good for real estate?

    The real estate market in Finland has been recovering after the 2022 crisis caused by geopolitical issues. Right now, property prices have been growing by 0,6% every quarter.

    Property owners in Finland receive advantages when applying for a residence permit in the country, and they are also more likely to receive a multiple-entry Schengen visa.

  • What is the average house cost in Finland?

    The average cost of residential real estate in Finland is €5,300 per 1 m2.

  • Does Finland have property tax?

    Yes. Property owners in Finland pay an annual property tax of 0.93 to 2% of the cadastral value. The rate is set by municipalities depending on the real estate type: apartment or house, main dwelling or cottage, building or land plot.

    For an apartment building, the tax is paid by a housing joint-stock company.