06.17
Real estate market in Finland has been seeing a stable growth for the past few years as opposed to other European countries. You may ask how it could be in the view of worldwide economic crisis and reconstruction periods. The reason for the success in real estate sales in Finland is that the country, in fact, hadn’t been affected by the economic conjuncture so much due to certain detachment from the rest of counties. Real estate market showed stable development and escaped dramatic drops or rises of costs.
For sure, that is not the sole reason for the boom of asunnon myynti in Finland. There are other more obvious grounds for the flourishing of the market. Let’s start from the living standards that are among the most favorable not only in Europe but as well in the whole world. The correlation of the offered services and people’s possibilities is rather high allowing better chances for personal wealth-building. Besides, Finland is one of the most advanced counties in the sphere of industry and telecommunications, so the number of working places is growing with the development of technologies.
The next reason for considerable growth in property sales in Finland is the unique natural and weather conditions. Finland is situated in the far-north of Europe with the most sunlight in summer and the least sunlight in winter. This creates unique natural phenomena: midnight sun in summer and midday twilight in winter. What is more, the north of the country is known for evergreen forests and real winter weather that can’t but draw visitors from around the world. Due to this, it’s understandable that foreign investors are seeking for a perfect opportunity to buy a holiday home or luxurious apartment facing picturesque panorama.
The third, and most joyful, reason for the increase in property sales in Finland is the comparatively low cost of buying and transaction procedures. No other European country can boast such reasonable prices for high-class property. The prices for new residential and commercial buildings are a bit higher than for old dwellings undoubtedly. Property agents and lawyers charge sensible fees for their services what can’t be said about similar offers in other countries. Thus, people looking for employment or recreational opportunities ‘grab’ the luck to obtain first-class properties.
Finally, investors with various needs can find a piece of real estate at affordable price. Persons seeking for business opportunities in Finland usually buy property in the capital Helsinki or other major cities. Coastal and woodland areas witness the growing number of holidaymakers willing to buy property.
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