Real estate investment in Finland

Foreigners can freely buy and sell apartments 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%. Five years ago, an apartment of 100 m² cost an average of €344,000, and today it is sold for €382,000.

€3,816

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

Finland residence permit or citizenship by real estate investment

Obtaining a Finland residence permit or citizenship is not connected with purchasing real estate.

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Frequently asked questions

  • 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 €3,816 per 1 m².

  • Does Finland have property tax?

    Yes. Property owners in Finland pay an annual property tax in the amount of 0,4%— 6% 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.