The new Building Act entered into force in Finland at the beginning of 2025. On 17 December 2024, Parliament also approved the amendments to the Act.

National and international climate goals steer sustainability in the real estate industry like in any line of business. Real estate accounts for up to 40% of the global carbon emissions...

The new legislation is expected to enter into force on 1 March 2023 and will be applied to all disposals carried out after that date.

The law would enter into force on 1 January 2024, but the new tax rates would apply retroactively from the date of introduction of the government proposal, i.e. 12 October 2023.

In a recent case heard by the Court of Appeal of Helsinki, a property maintenance company’s CEO was being charged with negligent manslaughter after an elderly man was killed by a block of icy snow falling from the roof of an apartment building.

The Market Court confirmed in its judgment delivered in December 2022 to a large extent the findings issued by the FCCA in 2021.

Combatting climate change requires effort from everyone, and law firms are no exception. At Castrén & Snellman, our client is always at the heart of our operations,...

In little more than two years the Finnish real estate investment market has virtually exploded in an astonishingly rapid development from a dormant domestic market to one of the most dynamic real estate markets in northern Europe.

In 2019, Finland deployed the digital Residential and Commercial Property Information System maintained by the National Land Survey of Finland.

The Finnish Real Estate Tax Act refers to the Asset Valuation Act for the purposes of valuation of real estate.

In Finland the Code of Real Estate includes provisions concerning the sale of real estate, liens and a registering system.

In light of the changing security environment, the Finnish Parliament adopted an amendment to the Act on Transfers of Real Estate Requiring Special Permission (in Finnish: laki eräiden kiinteistönhankintojen luvanvaraisuudesta) in April 2025 (the "Amendment").

Restitution of unjust enrichment is one of the principles of civil law that aims to ensure justice in property relations.

Two Acts concerning real estate transactions entered into force in early 2020. One of the Acts subjects real estate acquisitions by parties from outside the EU/EEA to a special permission...

Currently, Finland does not tax indirect disposals of Finnish real estate by a non-resident investor. The pending amendments to Finnish Income Tax Act Section 10 would change this.

The Supreme Administrative Court of Finland (SAC) has recently issued three rulings concerning the tax exemption regime of investment funds in section 20a of the Income Tax Act (ITA).

In 2023 capital gains tax exemption will be applied only on limited basis to Finnish real estate investments.

The purpose of warranties and indemnities insurance is that the insurance company assumes the seller's liability for damages in case one of the seller's warranties has been breached.

Tailored tax policy reforms announced by the Finnish Government have been in the spotlight in recent weeks. These new significant initiatives are expected to improve Finland's investment attractiveness.

Real estate transactions in Finland present unique legal requirements that distinguish them from other jurisdictions. From mandatory notary presence and formal execution procedures to permit requirements for non-EU buyers and complex pre-emption rights held by municipalities and the State, navigating Finnish property law demands careful attention to procedural details and strategic timing.