foreign buyers
Finland Real Estate Market Overview
Finland has always been famous as a land of dense forests, transparent lakes, clean air and peaceful silence; however, little is known about real life in this country now: after the Russian Empire as a result of the 1917 revolution lost the Grand Duchy of Finland, which eventually proclaimed its independence, those who knew the real situation in this territory significantly decreased.
And even after a century of experts in Finland is not so easy to find. The HomesOverseas.ru portal has prepared material on real estate in Finland with the involvement of the best specialists in this field.
The real estate market in Finland is, first of all, the domestic market, since the main buyers of local square meters are the inhabitants of the country. The share of foreign buyers now amounts to only 4% – 5,200 apartments out of 133,000. In principle, the current figures are close to the data of the peak year 2008, however, adjusted for the fact that ten years ago our compatriots bought more often cottages, and now interest has concentrated on residential and commercial real estate. Continue reading