Tips for First-Time Home Buyers in Helsinki

Embarking on the Journey of Homeownership in Helsinki

So, you’ve decided to take the plunge and buy your first home in Helsinki, Finland. 🏠 Congratulations! This is a significant milestone in your life. But, as exciting as it is, it can also be a bit overwhelming. After all, the Finnish real estate market is unique, and navigating it for the first time can be a challenge. But don’t worry, I’ve got your back. Here are some practical tips to help you on your journey to homeownership in Helsinki.

Understanding the Finnish Real Estate Market

First things first, let’s get a grip on the Finnish real estate market. 🌍 Finland, particularly Helsinki, has a robust and stable housing market. The demand for homes is high, and the supply is relatively low, which can drive up prices. However, don’t let this discourage you. With the right strategy and a bit of patience, you can find a home that fits your budget and meets your needs.

Getting Your Finances in Order

Before you start house hunting, it’s crucial to get your finances in order. 💰 This means saving for a down payment, checking your credit score, and getting pre-approved for a mortgage. In Finland, most banks require a down payment of at least 15% of the purchase price. So, start saving early. Also, remember that the better your credit score, the better your chances of securing a favorable mortgage rate.

Working with a Real Estate Agent

As a first-time homebuyer in Helsinki, it’s a good idea to work with a real estate agent. 🤝 They can guide you through the process, help you find properties within your budget, and negotiate on your behalf. Plus, they have insider knowledge of the Finnish real estate market, which can be invaluable in your home buying journey.

Choosing the Right Location

Location is everything when buying a home. 📍 Helsinki is a diverse city with various neighborhoods, each with its unique charm and character. From the trendy Kallio district to the upscale Eira, there’s something for everyone. So, take the time to explore different areas and find one that suits your lifestyle and needs.

Inspecting the Property

Once you’ve found a potential home, it’s essential to have it inspected. 🕵️‍♂️ This will help you identify any potential issues, such as structural damage or outdated systems, that could cost you down the line. In Finland, it’s common to hire a professional inspector to do this, so make sure to factor this into your budget.

Understanding the Buying Process

The home buying process in Finland is relatively straightforward. 📝 Once you’ve found a home and agreed on a price, you’ll sign a preliminary contract and pay a deposit. Then, you’ll secure your mortgage and sign the final contract. Finally, the property will be transferred to your name. Remember, it’s essential to have a lawyer review all contracts before signing.


  • What is the average price of a home in Helsinki? As of 2021, the average price of a home in Helsinki is around €5,000 per square meter.
  • Can foreigners buy property in Finland? Yes, foreigners can buy property in Finland without any restrictions.
  • How long does the home buying process take in Finland? The home buying process in Finland typically takes around 2-3 months.


Buying your first home in Helsinki, Finland, is an exciting journey, but it can also be a complex process. From understanding the Finnish real estate market to getting your finances in order, choosing the right location, and navigating the buying process, there’s a lot to consider. But with the right preparation and guidance, you can make your dream of homeownership in Helsinki a reality. 🏡

Kurby Team

The Kurby Content Team is a diverse group of seasoned real estate experts dedicated to providing insightful, reliable information for homebuyers, real estate investors, and real estate agents. With backgrounds ranging from real estate brokerage, property investment, and residential home buying, our team combines decades of experience with a passion for demystifying the real estate world. We at Kurby are committed to helping you make informed, successful real estate decisions. Whether you're a first-time homebuyer, a seasoned investor, or a real estate professional, count on the Kurby Content Team to deliver the most relevant, actionable real estate content you need.