The process for buying property in Finland has been simplified a great deal over the years and is now straightforward, involving little in the way of red tape. Restrictions have been abolished for foreigners wishing to invest in property except for in the Province of Ahvenanmaa, where even Finnish national must obtain permission to purchase. Direct sales are the simplest way in which property can be purchased, but there is the option for an individual to purchase shares in a property through a real estate agent.

The direct purchase method can be done by an individual or through a company set up in Finland, and either way a trusted local lawyer should be employed to help with all dealings/translations and the like. Once a property has been decided upon a contract is drawn up by the estate agent and once checked by the lawyer the signing can be carried out by the buyer and seller. Once this is complete, the documents are notarised and the official ownership documents are signed over to the buyer and all outstanding fees are paid.

Fees include applicable lawyer and notary fees, along with transfer tax of around four percent and VAT of around 22 percent – though this is usually included with the purchase price. Other taxes and costs may be incurred on top of these.