The drop could be even sharper in the metropolitan area due to an oversupply of small homes and larger housing loans and interest rates compared to other parts of the country.
Financial group Nordea expects housing prices in Finland to fall by an average of 5% next year. The drop could be even sharper in the metropolitan area due to an oversupply of small homes, larger housing loans and interest rates compared to other parts of the country.
Meanwhile, prices for single-family homes should decline as rising energy prices weaken interest in real estate with electric heating.
Details. Nordea highlighted the slowdown in growth in October. The Federation of Real Estate Agencies reported that the number of real estate sales decreased by 23% compared to the monthly average over the past decades.
Mortgage borrowers can rejoice, as the growth of short-term and long-term interest rates stopped at the end of autumn. Nordea said that Euribor 12, the most common base rate on housing loans in Finland, is unlikely to rise next year as fast as this year, and will stabilize at 3%.
Quote. Jussi Pajala, head of Nordea Mortgage, said that Finns are well prepared for such difficulties. He noted that every seventh mortgage borrower has insured their loans of interest rate risks or has savings that allows them to survive the most difficult months.
The prospects. Nordea is concerned that the market situation could lead to the collapse that was observed in the 1990s. Analyst Antti Koskivuo has recalled that currently the economy is sliding into recession due to inflation and the energy crisis, unlike the 1990s and the financial crisis of 2007-2009.
"Neither the Finnish nor the world economy is facing structural problems that were observed during previous crises, so a possible recession is likely to be moderate, and mass unemployment is not expected," he explained.
For sale a two-storey house 88.5 / 117.5 m2 on a well-maintained, private plot of 700 m2, in a quiet residential area at the end of the street. Main building material: wood. The roof and bathroom were repaired in 2009, the windows were updated in 2011, the hot water tank in 2013, the air heat pump was delivered in 2014, the cladding and...
VIPCON LKV - FINLYANDIYA
21 589 €
Flat in Jyvaskyla, Finland
58 sq.m211
Remote Transaction
You buy, get a visa for all family members and quietly ride to Finland and all over Europe!!!Registration for several owners is possible!!!
It is possible to conduct a transaction remotely without your presence by proxy!!!
From June 21, 2021, it will be easier to obtain a visa and enter Finland (Schengen) for property owners from Russia....
VIPCON LKV - FINLYANDIYA
9 000 €
Townhouse in Kuopio, Finland
35 sq.m111
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!In Juankoski district, Kuopio, for sale 1-bedroom apartment of 35 m2 with a terrace, with central heating and a sauna.
The price is 16,000 €.
The house was built in 1984, a short walk from the services of the Juankoski center.
Fenced yard on the south...
VIPCON LKV - FINLYANDIYA
24 370 €
Townhouse in Jamsa, Finland
64 sq.m211
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
One-bedroom apartment in a town house, in Jämsä
Year of construction – 1979. The total area is 63.5 sq.m. 1/1 floor.
Living room, equipped kitchen, bedroom, bathroom, sauna, terrace.
The lake shore is less than half a kilometer away.
The price is 24,051...
VIPCON LKV - FINLYANDIYA
29 000 €
Townhouse in Pori, Finland
56 sq.m211
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
One-bedroom apartment in a house for 2 families, in Pori
Year of construction – 1989. The total area is 56 sq.m. 1/1 floor.
Living room, equipped kitchen, bedroom, bathroom, sauna, terrace.
Price – 28,000 euros
Utility bills – 112 euros / month....
VIPCON LKV - FINLYANDIYA
55 000 €
House in Imatra, Finland
72 sq.m221
Online ViewingRemote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
For sale fully furnished, two-level cottage of 72 m2 in Imatra.
Proximity to nature with well-groomed treadmills and a sandy beach suitable for children.
A great place for recreation and leisure.
Electric + wood-burning heating.
Services: the...
VIPCON LKV - FINLYANDIYA
26 766 €
Flat in Pori, Finland
80 sq.m321
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
Two-bedroom apartment in Pori
Year of construction – 1974. The total area is 80 sq.m. 6/6 floor. Elevator.
Living room, equipped kitchen, 2 bedrooms, bathroom, balcony.
The apartment is rented out. The rent is 570 euros / month..
The price is 26,766.26...
VIPCON LKV - FINLYANDIYA
349 000 €
House in Helsinki, Finland
144 sq.m431
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!House for permanent residence in HelsinkiYear of construction – 1985. The total area is 144.8 sq.m. 2nd floor.Living room, equipped kitchen, 3 bedrooms, bathroom, sauna, fireplace room.Price – 349,000 eurosThe annual property tax is 191.56 euros /month.Road...
VIPCON LKV - FINLYANDIYA
22 000 €
Townhouse in Kauhava, Finland
60 sq.m211
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
Near the center of Kortesjärvi, Kauhava, for sale 2-bedroom townhouse of 60 m2 with sauna.
The price is 22 000 €.
The house was built in 1983, electric heating.
Own yard.
Utility bills – 115.50 euros /month.
Payment for water by the meter.
The...
VIPCON LKV - FINLYANDIYA
12 000 €
Flat in Mänttä, Finland
63 sq.m211
Remote TransactionRental property
It is possible to conduct a transaction remotely without your presence by proxy!!!
In the city of Mänttä-Vilppula, a 2-bedroom apartment of 63 m2 on the 1st floor is for sale.
The price is 12,000 €.
Spacious glazed balcony with a quiet view.
The city center is not far away.
The apartment is rented out and will be released until...
VIPCON LKV - FINLYANDIYA
17 000 €
Flat in Kemijarvi, Finland
45 sq.m211
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
Cozy and fully renovated 2-bedroom apartment of 45 m2 in Kemijärvi.
The price is 19 000 €.
The house was built in 1958, district heating.
The housing company has a large plot of land on the shore of Lake Kotayarvi.
You can go boating in summer and...
VIPCON LKV - FINLYANDIYA
10 000 €
Flat in Kouvola, Finland
38 sq.m111
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
In the area of Eskolanmäki, Kouvola, for sale 1-k apartment 38 m2 on the 5th floor.
The starting price is indicated - 10,000 €.
The apartment has a good and functional layout.
The apartment is located on the fifth floor of a building with an elevator....
VIPCON LKV - FINLYANDIYA
10 000 €
Flat in Savonlinna, Finland
46 sq.m211
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
In the city of Savonlinna, a 2-bedroom apartment of 46 m2 on the 2nd floor is for sale.
The price is 12,000 €.
Shopping services nearby.
Good transport links to the city center, bus stop on the other side of the road.
The house was built in 1956,...
VIPCON LKV - FINLYANDIYA
24 576 €
Flat in Laukaa, Finland
74 sq.m321
Remote TransactionRental property
It is possible to conduct a transaction remotely without your presence by proxy!!!
In the city of Laukaa, a 3-bedroom apartment of 74 m2 on the 3rd floor is for sale.
The apartment is for rent.
The lease has been going on for a long time and the tenant is also ready to continue it.
Bright and spacious rooms, a separate kitchen in...
VIPCON LKV - FINLYANDIYA
35 000 €
Townhouse in Turku, Finland
38 sq.m111
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!Studio apartment in JokioinenThe year of construction is 1983. The total area is 37.5 sq.m. 1/1 floor.Living room, equipped kitchen, bathroom, sauna, terrace.The price is 35,000 euros Utility bills - 75 euros / month. Payment for water is based on the meter. The...
VIPCON LKV - FINLYANDIYA
155 000 €
Apartment in Vantaa, Finland
44 sq.m211
Contact a Habita representative for more information about this facility.
Habita International Estates Ltd
12 638 €
Flat in Jamsa, Finland
74 sq.m321
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
In the area of Jämsänkoski, a 3-bedroom apartment of 74 m2 on the 1st floor is for sale.
Bright rooms, glazed balcony.
The house was built in 1975, district heating.
Windows, balcony doors, waterproofing, facade and plumbing have been updated.
Plus,...
VIPCON LKV - FINLYANDIYA
39 000 €
Townhouse in Hameenlinna, Finland
36 sq.m111
Remote TransactionRental property
It is possible to conduct a transaction remotely without your presence by proxy!!!
In the Janakkala area, a 1-bedroom townhouse of 36 m2 with a sauna and its own yard is for sale.
The price is 39,000 €.
Spacious bathroom, sauna and a small terrace in front of the door.
The apartment has already been rented out with excellent rental...
VIPCON LKV - FINLYANDIYA
67 000 €
Apartment in Kotka, Finland
48 sq.m211
Contact a Habita representative for more information about this facility.
Habita International Estates Ltd
10 210 €
Townhouse in Kemijarvi, Finland
31 sq.m111
Remote Transaction
It is possible to conduct a transaction remotely without your presence by proxy!!!
In the area of Suomu, Kemijärvi, a 1-bedroom townhouse of 31 m2 is for sale.
The house was built in 1977, district heating, good storage and common areas (sauna and laundry).
The sale price is € 10,210 + an installment payment from the Management Company...
