Accommodation Finland

Long-term rental

 

Finding housing

Online platforms: Websites for rental searches, such as Oikotie, Vuokraovi, and Tori, offer a wide selection of apartments and houses with detailed descriptions and photos.

 

Real estate agencies: Contacting agencies can simplify the search process, especially if you do not speak Finnish. However, these services may require additional fees.

 

Social networks and communities: Facebook groups and other online communities often post housing rental ads. This can be useful for finding short-term rentals or shared accommodation.

 

 

Short-term rental

 

Short-term rental platforms: Services like Airbnb and Booking.com offer a wide range of accommodation for short stays. This is convenient for tourists and those looking for temporary housing.

 

Rental conditions: Pay attention to booking conditions, including cancellation policy, additional fees, and house rules.

 

Contact with the host: Before booking, it is advisable to contact the host to clarify details and confirm housing availability.

 

Useful tips

 

Property inspection: Before signing the contract, inspect the property for damages and defects. Compile an inspection report to avoid disputes upon departure.

Compliance with rules: Follow house rules and contract terms to avoid conflicts with the landlord.

Language barrier: If you do not speak Finnish or Swedish, request a contract in a language you understand or use translation services.

In Finland, a rental/purchase agreement plays an important role in executing several administrative procedures.

 

Residence permit registration

When applying for a residence permit registration in Finland, having a rental/purchase agreement is not mandatory. However, providing a document confirming your place of residence can expedite the review process and increase the chances of a positive decision.

 

Obtaining a personal identification number

To obtain a Finnish personal identification number, it is necessary to register your residence with the local magistrate. For this, you need to provide a rental/purchase agreement or another document confirming your residence at the specified address.

 

Opening a bank account

Banks in Finland require proof of residence to open an account. A rental/purchase agreement serves as the main document confirming your place of residence.

 

Obtaining a tax card

To get a tax card, you need to provide a personal identification number and residence information. A rental/purchase agreement may be required as proof of your address when contacting the tax office.

 

Other operations

A rental/purchase agreement may be required for:

- Registration in the healthcare system.

- Applying for social benefits.

- Connecting utilities.

 

Thus, having a rental agreement significantly simplifies the execution of many administrative procedures in Finland. It is recommended to sign a written rental contract and keep a copy for use in various situations.

Renting accommodation in Finland has its own features, which are important to consider when searching and concluding a rental agreement.

Rental terms: Contracts can be open-ended or fixed-term. An open-ended contract remains in effect until terminated by one of the parties, while a fixed-term contract ends on the specified date.

Furnishing: Many apartments are rented unfurnished, especially for long-term rentals. Clarify this point before signing the contract.

Utility payments: Find out if utilities are included in the rent or paid separately.

Mandatory registration: After concluding the rental agreement, it is necessary to register at the new address with the local magistrate. This is important for receiving mail and accessing public services.

Landlord requirements: Some landlords may require the tenant to have an insurance policy.

 

Notice period for contract termination: For indefinite lease contracts, the notice period is usually one month for the tenant and three months for the landlord. For fixed-term contracts, the termination conditions are specified in the contract. The termination notice must be made in writing.

Purchasing real estate in Finland, whether it's an apartment, a house, or a plot of land, requires an understanding of local procedures and legislation.

 

Determining the type of property

 

Apartment in a housing company: When buying such an apartment, you become the owner of shares that entitle you to reside in a specific apartment. The housing company manages the common areas of the building and is responsible for their maintenance.

 

House: Buying a detached house with an adjacent plot of land. In this case, you become the owner of both the building and the land.

 

Searching for real estate

 

Online platforms: Popular sites like Etuovi and Oikotie offer a wide selection of properties with detailed descriptions and photos.

Real estate agencies: Turning to professional agents can simplify the search and purchase process, especially if you do not speak Finnish.

 

Advantages of buying directly from the owner

No agency commission: you save on real estate agency fees, which usually amount to 2–4% of the property's cost.

Direct communication with the owner: you can negotiate the terms of the deal directly, allowing you to agree on a favorable price or additional conditions.

Faster transaction: absence of intermediaries can speed up the negotiation and paperwork process.

Risks and precautions

Checking the property's legal status: make sure the seller has all the rights to the property. To do this, request:

- A real estate register extract from the National Land Survey;

- Documents confirming the absence of debts for utilities or loans related to the property.

Assessing the property's condition: if the property requires repairs, order an independent assessment of the condition of the building or apartment from professionals.

Features for foreign citizens

 

EU/EEA citizens: Can purchase property in Finland without restrictions.

 

Citizens of other countries: Since 2020, a permit from the Finnish Ministry of Defence is required to purchase property that includes a plot of land. This rule does not apply to the purchase of apartments in housing companies.

 

Thus, buying real estate in Finland is a process that requires a careful approach and compliance with local laws. It is advisable to consult with professionals in real estate and legal experts to ensure the successful completion of the transaction.

In Finland, real estate insurance is not mandatory by law, but it is strongly recommended to protect property from possible risks.

 

Insurance for property owners

 

Private houses: Owners of detached houses must insure the property against fire, hurricanes, and other emergencies.

 

Apartments in multi-unit buildings: Housing companies usually insure the building itself, but this insurance does not cover personal property of the apartment owners. Therefore, it is recommended to obtain separate insurance to protect internal property and decorations.

 

Insurance for tenants

Tenants are also advised to get housing insurance, which covers personal property and potential damage caused to third parties. Some landlords might require such insurance as a condition of rental.

Utility payments in Finland usually include:

 

Heating: In apartment buildings with central heating, heating expenses are often included in the rent or monthly payments. In private houses with electric heating, costs can be significant, especially in the winter period, reaching 200–250 euros per month.

 

Water supply: Water fees can be charged at a fixed amount or based on a meter. A family of four with economical use of water may pay about 100 euros per month.

 

Power Supply: Electricity is paid according to the meter. Electricity rates in Finland are higher than in some other countries.

 

Waste Disposal: The cost of this service is about 15 euros per month.

 

Internet and TV: These services are usually paid separately and depend on the chosen provider and service package.

 

Payment Methods

 

The following payment methods for utilities are widely used in Finland:

 

Bank Transfer: Payment through internet banking or your bank's mobile app.

Automatic Withdrawal: Setting up automatic debit from the account for utility payments.

Electronic Bills: Receiving and paying bills electronically via internet banking.

Payment at a Bank or Post Office: Presenting the bill and paying in cash or by credit card.

 

Features for Tenants and Owners

Tenants: Depending on the rental agreement terms, utilities may be included in the rent or paid separately. It is important to clarify this when signing the contract.

Owners: Property owners are responsible for paying all utilities. In apartment buildings, part of the services can be paid through a housing association.

 

High utility costs in Finland encourage residents to save:

Energy-Saving Devices: Use of energy-efficient household appliances.

Water Consumption Control: Installation of water-saving fixtures and rational water use.

Insulation: Improving home insulation to reduce heating costs.

Living in apartment buildings in Finland involves adhering to certain rules aimed at ensuring the comfortable and safe coexistence of all residents.

House Rules

Each housing association sets its own rules, which usually include:

Quiet Hours: Usually from 22:00 to 7:00. During this time, loud noises, including music and repair work, are prohibited.

Use of Common Areas: Rules for using laundries, saunas, storage rooms, and other shared spaces.

Parking: The procedure for using parking spaces and garages.

These rules are usually posted in a prominent place in the entrance or provided to residents upon moving in.

Rights and Responsibilities of Residents

Order Maintenance: Residents must maintain cleanliness in common areas and follow established rules.

Renovation Notice: When planning renovations, it is necessary to notify neighbors and the management company, especially if the work may create noise.

Pets: Keeping pets is allowed if they do not disturb neighbors or litter common areas.

House Management

Apartment buildings are managed by housing associations, in which:

General Meeting: Held annually to discuss management, budget, and repair issues.

House Board: Elected from among residents to address current issues and interact with the management company.

In case of violations or conflicts, it is recommended to:

Discuss the Issue with Neighbors: Many issues can be resolved through direct communication.

Contact the House Board or Management Company: If the issue is unresolved, contact the house management.

Legal Assistance: In extreme cases, you can contact local authorities or the court.

Finland is known for its high standard of living, and the real estate market is no exception. Below are the key features of the country's real estate market that help to understand its specificity.

 

Volume of New Construction

 

In recent years, there has been active growth in construction in Finland, especially in large cities and their surroundings. The main reasons for this are:

 

Urbanization: Population growth in urban areas drives demand for housing.

Modernization: Old buildings are being renovated or replaced by new, more energy-efficient structures.

Government Support: The government encourages the construction of affordable housing for various social groups.

 

Comfort of Offered Housing for Rent and Sale

 

Construction Quality: Finnish houses are known for their durability and energy efficiency. Modern technologies and eco-friendly materials are used.

Amenities: Most apartments are equipped with necessary household appliances, heating, and ventilation systems.

Infrastructure: Residential areas usually have access to well-developed infrastructure – schools, kindergartens, shops, and public transport are within walking distance.

Features: Many buildings have shared saunas, storage rooms, and bicycle parking.

 

Regional Prices

 

Real estate prices vary significantly depending on the region:

 

Helsinki and Capital Region

- Rent: One-bedroom apartment — from 800 to 1500 euros per month.

- Purchase: Cost per square meter — from 5000 to 8000 euros.

Tampere and Turku

- Rent: One-bedroom apartment — from 600 to 1000 euros per month.

- Purchase: Cost per square meter — from 3000 to 5000 euros.

Other Regions

- Rent: From 400 to 800 euros per month.

- Purchase: Cost per square meter — from 2000 to 4000 euros.

 

Types of Residential Real Estate

 

Apartments: Most common in cities, multi-story apartment buildings.

Row Houses: Combine features of an apartment and a detached house, popular in suburbs.

Detached Houses: Private homes with their own plot of land, common in rural and suburban areas.

Summer Houses and Cottages: Used for recreation, often located near lakes and forests.

 

Market Supply Sufficiency Based on Demand

 

High Demand in Cities: In Helsinki and other large cities, the demand for housing often exceeds supply, leading to competition and rising prices.

Balanced Market in Regions: In smaller towns and rural areas, the housing supply more closely matches demand, and prices remain stable.

Rental Market: Developed and offers various options, though finding accommodation can be more challenging during peak seasons (such as the start of the academic year).

 

Finland's real estate market offers quality and comfortable housing, but prices and availability vary greatly by region. When planning a move, it's important to consider:

 

Budget: Assess your financial capabilities considering regional prices.

Location: Decide whether you prefer city life or the tranquility of suburbs and rural areas.

Type of Housing: Choose the most suitable type of real estate based on your needs.

 

It is recommended to start the housing search in advance and, if necessary, contact local real estate agents for professional assistance.

Finland is known for its high standard of living, which is reflected in the cost of living.

 

Food

 

- Milk (1 liter): about 1.20 €.

- Bread (500 g): about 2.16 €.

- Eggs (12 pcs): about 2.91 €.

- Chicken fillet (1 kg): about 10.98 €.

- Apples (1 kg): about 2.08 €.

 

Transport

 

Public Transport:

- Single ticket: about 3.00 €.

- Monthly pass: about 60.00 €.

 

Fuel:

- Gasoline (1 liter): about 1.92 €.

 

Utilities

 

Electricity, heating, water, and waste disposal for an 85 m² apartment: about 124.03 € per month.

 

Entertainment and Leisure

 

- Gym membership: about 41.60 € per month.

- Cinema ticket: about 15.00 €.

 

Average Salary

 

- Average net monthly salary after taxes: about 2,638.11 €.

 

Thus, the cost of living in Finland is above the European average, especially in the capital region. However, high income levels and quality public services offset these expenses. When planning a move, it is advisable to consider regional price differences and adapt the budget accordingly.

In Finland, the government provides various support programs and subsidies aimed at improving living conditions and reducing housing costs for citizens and residents. The main institution responsible for these benefits is Kela — The Social Insurance Institution of Finland.

 

General Housing Allowance: The general housing allowance is intended to help low-income households cover housing costs. This allowance can be provided to both renters and homeowners.

 

Housing Allowance for Pensioners: This allowance is intended for low-income pensioners to help them cover housing expenses.

 

Housing Repair Allowance: The government provides subsidies for home repairs to improve living conditions, especially for the elderly and people with disabilities.

 

Social Assistance: If a household's income is insufficient to cover basic expenses, including housing, one can apply for social assistance.

 

Accommodation Allowance for Students: Students studying abroad or living in dormitories of educational institutions can receive an accommodation allowance.

 

Thus, Finland offers a wide range of support programs and subsidies aimed at ensuring decent living conditions for all segments of the population. It is recommended to contact Kela or local authorities for detailed information and to apply for the relevant allowances.