Owners of real estate in Finland, living in the Russian Federation, sell it to Russians on the other side of the border for pennies. The publication writes about this With.
Russian citizens who moved to Finland buy houses and summer houses from their fellow citizens at huge discounts. So this year almost half of such transactions did not exceed 30 thousand euros. Moreover, the objects sold are mostly classified as old, even dilapidated.
The southeastern border region was once a popular holiday destination for Russians. Real estate agent Helmi Manninen says they are drawn to the Finnish nature but are not too concerned about the condition of the homes. With the border closure and problems with bank transfers, property owners have started selling their properties.
“Many Russians living in Finland took advantage of the opportunity to make profitable deals,” said Markku Kangaspuro, an expert at the University of Helsinki.
Before that It became clearIt has been reported that Finland is preparing a bill that would ban citizens of the Russian Federation from purchasing real estate in the country.
Previous analysts noted The decline in Russian demand for real estate abroad.