Russians pay for dacha in Suomi for more than one-third of the Finnish prices

Russians pay for dacha in Suomi for more than one-third of the Finnish prices

In 2012, Russian buyers paid for a country house in Finland on average €115,000, while the Finns - €86,500, according to the Talous Sanomat. Experts noted that the Russian demand raised the price of real estate in Finland to a level that was not affordable for many local residents.

The most popular region was Southern Savonia, where Russians bought the house with access to water for €189,000, while "the Finns were willing to pay one hundred thousand" (and that during the peak in 2007), said an expert on real estate Juhani Väänänen. Now the Finns are willing to pay for dacha about €80,000.

Thus in 2012 the Russians paid for the land with access to water about €45,000, the Finns - €29,000. The price difference is explained by the fact that foreign investors prefer large lots and spacious homes.