Cranberry Cottage

Every Table Can Offer Delicious Meals

Lake Saimaa

When buying a problem given to 60% of its value, the apartment can receive up to 70%. The geography of the market. The real estate market in Finland, as well as any other country subject to change. In 2007, He slowly gathered momentum after the crisis has happened there before. The cost of housing in Finland in 2007 rose by 4%. And let's say in 2002, a local real estate has fallen in price by 0,4%.

And in that year and in subsequent 2003rd, it was not the biggest failure: for example, commercial real estate in 2002 fell by 1,5-1,7%. Most interesting for Russians, primarily because of – its proximity to the border areas – Imatra, Mikkeli, Sulkava, Puumala, Lappeenranta and Savonlinna. In great demand enjoy the sites in the Lake Saimaa – Finland's largest lake. However, the popularity of these places the Russians have already borne fruit: real estate prices in the border areas is rapidly increasing. Now houses, such as in Lappeenranta and Savonlinna, there are twice as expensive than the other, not yet covered by the Russians, the regions of Finland, especially on its western coast.

How do I get income from real estate? Many Russian investors use houses and apartments in Finland as a tool for long-term profit. Market rental housing in the country very well developed, it is removed as the Russians themselves, especially in the season of Christmas and New Year holidays, as well as all winter, when coming to rest on the ski resorts and fishing (rental rates in the home for permanent residence may be up to 1500 euros per week), and residents of European countries (Sweden, Germany). You can rent accommodation through the Finnish real estate companies, they can also help with the preparation of home for the visit of guests and bringing it in better shape after their departure (of course for an additional fee) Over the past 10 years the national average rental rate for apartments and houses grew by about half and, on average, 9 euros per square meter. m per month. In any case, have to pay income tax, which is 28%. The advantages of home ownership in Finland. Firstly it allows You stay in the country 180 days a year – you get a multiple entry visa. Second in a home for permanent residence, you can register a company and run their business literally from the comfort of the room, actually using housing as office and even hire a few employees of Finnish Third tenure itself, plus the status of permanent residence and economic activities in Finland are the basis for further 5-6 years filing for citizenship (this is also necessary language skills) in the fourth as noted above, it is a good investment of free funds. Market, despite the crisis, is in stable condition and, some estimates, prices should grow by 10% over the next 5 years. Summarizing, we can say that Finland still remains quiet, calm, secure, civilized and rapidly developing country, this "window to Europe" for Russia. Having a property in this country you not only can relax from the hustle and insecurity of our reality, but also earn some money, as they say combine business with pleasure useful.