Research by DSR Asset Management shows that investors looking to purchase property in Finland are increasingly cash buyers and not relying upon finance.
David Redfern, founder of DSR said “Buyers in Finland tend to be in the affluent end of the spectrum. Loans from Finnish banks are still available, however the current financial climate has resulted in them being harder to negotiate. We find that where finance is needed our clients need a more personalised service, as they may be unfamiliar with Finnish transaction procedures, translating the relevant documents into English makes a great deal of difference to the buyer”.
Redfern continued:”Foreign nationals buying property in Finland usually have previous ties to the country, but some British and Central European investors, for example, see the country as a stable and safe economy, a good place to hedge their bets. They’re not expecting utopian profits, but looking for an investment environment with less dramatic fluctuations” DSR Asset management is offering Apartments and Condo Hotels in Finland
VN:F [1.9.17_1161]
Rating: 0.0/10 (0 votes cast)
VN:F [1.9.17_1161]
Related Posts
Australia – Live Long and Prosper News from DSR Asset Management is that Australia is ranked the fourth best country in the world for “Quality of Life”, its official. David Redfern, founder of DSR Asset Management said “We have been exceptionally busy with enquiries for our investments in Australia for some time. Our clients tell...
News has just been released by the RBA that the Australian economy is doing so well that is outperforming the initial predictions as forecasted by the Australian government, and top economists. Minutes from a recent meeting held by the RBA have disclosed that the economy is much better than was foreseen, due to a mixture...
News is being circulated by international sources that Australian land prices are already rising making now the time to invest, as the latest residential land report from the Housing Industry Association and RP Data shows the cost of land in Australia is now beginning to increase. In the March quarter alone, land prices rose by...
The way that the Reserve Bank of Australia dealt with the country’s housing market has been held up as a model for others to follow. During the world economic slowdown in 2002 the Central Bank avoided cyclical “Boom and Bust” by strategically talking down the housing market and refusing to slash interest rates. This effectively...
This morning on BBC Five Live radio the hot topic of conversation was money flooding back into investment funds, as investors flee the derisory 0.5% interest rates currently paid on bank deposits. “Private investors are piling back into investment funds according to figures from the Investment Management Association.” is the synopsis. The programme also reaffirms...