Internationalisation has boosted the growth of the Finnish property market

Finland  was ranked 6th in the 2008 World Economic Forum on Global Competitiveness. The competitive economy of the country has favoured the internationalisation of the property market. The strong international competitiveness derives from the country’s political stability, the use of natural resources, the ability to react promptly to crises and structural changes, the excellent human capital and the availability of state-of-the-art ICT technologies.

Finland has opened its economy to foreign trade; indeed, its success depends highly on export industries. Nonetheless, several other factors have determined the excellent outcome of Finnish economy: the country’s cultural characteristics and its egalitarian society.

The real estate sector has been particularly flourishing between 2001 and 2008. Since the Finnish real estate market has been internationalised, numerous foreign players have entered the market. Two-thirds of transactions involved overseas investors in 2007. International investors have introduced new practices in the property investment process and the volume of property transactions has increased thanks to the higher level of foreign investments.

Due to the internationalisation of the property market, real estate agents and advisors play a fundamental role in property transactions, above all if the investor comes from a foreign country: in this case, legal, financial and technical experts cooperate in order to guarantee excellent investments to overseas property purchasers.

The commercial and office markets are the most appealing sectors in the property market of Finland. The demand for modern and well-equipped office space located in well-connected places is very high, above all in the metropolitan area of Helsinki, the capital city, where office rental yields are very attractive and new office space is being developed. Ruoholati, Espoo and Vantaa areas are also very interesting investment destinations.

There are also excellent invesment opportunities in the residential sector. The government is supporting the building of new housing facilities. New residential properties are being built in major cities such as Helsinki, Vantaa, Hämeenlinna and Kerava. The offer of the Finnish property market includes terraced houses (rivitalo), single-family detached homes (omakotitalo), lakeside cottages (mökki), log cabins (hirsirakennus), mansions (kartano), seaside homes, lofts (loft-asunto), Art-deco buidings, Art-Nouveau historical palaces, environment-friendly houses (ympäristöystävällinen talo), bungalows, commercial properties, business park type properties, warehouses (varasto), shop premises, single-tenant offices, multitenant office buildings, industrial and logistics premises among the others.

Finland  is a very competitive country. Internationalisation is a key word to succeed. It has been a winning choice in Finland. The real estate market is experiencing a great growth. The legal system is uncomplicated, but it is always advisable to be assisted by professional real estate agents who know the situation of the market and the procedures involved deeply and can manage the transaction effectively.

Related Insights

  •  
    Internationalisation has boosted the growth of the Finnish property market

    Finland  was ranked 6th in the 2008 World Economic Forum on Global Competitiveness. The competitive economy of the country has favoured the internationalisation of the property market. The strong international competitiveness derives from the country’s political stability, the use of natural resourc ...

Real Estate Listings

Cod. 43359

For sale House, Finland, Helsinki, Helsinki, Niitysyrjäntie 34

91,936.00USD
For sale
House

517 m²
Plot for sale in Borgå, Finland. in Swedish-speaking areas. Construction started. House project from Kastelli. Building permit OK. Suitable for famili...
Cod. 41625

For sale House, Finland, Oulu, Lieksa, 81700 Lieksa, Finnland

54,080.00USD
For sale
House

75 m²
Unique opportunity and uniquely favorable! Absolute bargain! Farmhouse in incredible secluded location overlooking the beautiful lake! The house i...
Cod. 39192

For sale House, Finland, Lahti, Kukkila, Pähkinäkukkula 163,

638,144.00USD
For sale
House

324 m²
House by the lake! Spacious, comfortable house, built in 1981 and expanded in 2003 with a view of the lake. A large plot of 5720 m2 and a coastline of...
Cod. 38545

For sale Other (Commercial), Finland, Rovaniemi, Rovaniemi, Ainonkatu 4-6

97,344.00USD
For sale
Other (Commercial)

237 m²
Good property to make any business you want, shop, office, salon etc. Big windows, 2 toilets, sauna, kitchen, garage Center of the city, commercial...
Cod. 37929

For sale Other (Commercial), Finland, Rovaniemi, Rovaniemi, Ainonkatu 4-6

97,344.00USD
For sale
Other (Commercial)

230 m²
In the center of Rovaniemi, homecity of Santa Claus. At the moment there is a working beauty salon in the property. Property can be used as an offic...
Cod. 34370

For sale 1 Bedroom, Finland, Kuopio, Varkaus, Unnukankatu 14 C, 78300

32,448.00USD
For sale
1 Bedroom

57 m²
Living room, bedroom, kitchen, bathroom/WC and balcony. Monthly payment 215 euros + water and electricity. Great nature surroundings and about 2 kilom...
Cod. 34190

For sale 1 Bedroom, Finland, Lappeenranta, Imatra, Niskapietilantie

17,197.44USD
For sale
1 Bedroom

34 m²
Apartment with a dedicated kitchen, fully furnished, including full set of appliances and bedding. The apartment is in good condition, hot water, Cent...
Cod. 31682

For sale House, Finland, Oulu, Suomussalmi, Kyläntie 5

84,364.80USD
For sale
House

107 m²
The Das Dorf is situated in the northwestern part of the Kiantajärvi-Sees (Länge ca. 50km). Zum Naturschutzgebiet Martinselkonen sind es nur 10 Min. ...
A separate house (147 m2) for sale, on a land plot of 792 m2. Year of construction - 1979, complete reconstruction was made in 2000. The house has 3 b...
Cod. 30973

For sale 1 Bedroom, Finland, Lappeenranta, Voisalme, Sammaltie 28

81,120.00USD
For sale
1 Bedroom

57 m²
Done sewer and water pipeline renovation. The house has a laundry room, drying room, bath, pantry, cold pantry, room for bicycles, prams room, hiding....
2005-2024 REALIGRO REAL ESTATE LTD. All Rights Reserved - VAT Nr: 893969932
Neikos Digital Agency
  1. Preferences

    For a better use of Realigro website, set your preferences for language, currency, square meters or sq ft.

    Set now Don't show again
BB