Block of flats, two-room flat 34 m², 2023, Vantaa

Offers must be made by the stated deadline. The highest offer is the one the seller has accepted as highest. It is also possible to participate in the auction in person by submitting an offer to the seller on site. The seller and buyer undertake to record all offers in the system. The bidder accepts these terms of sale when placing a bid.

Viewing the property

Before making an offer, the bidder is obliged to inspect the apartment and the company’s documents and records. The buyer cannot later rely on any matter that could have been observed in the pre-inspection.

Information provided by the seller

The seller is responsible for the accuracy and currency of documents relating to the property. The seller warrants that they have given the buyer all information the seller knows and that may reasonably be expected to affect the sale.

Contract conclusion

The date and place for signing the contract will be agreed with the buyer separately. Payment of the purchase price and transfer of shares take place at the signing.

Other costs

More information on charges: Interest is calculated using the 12-month Euribor rate + 0.90% margin. The loan term is 25 years, of which the construction period plus the first four years of occupancy are payment-free. Repayments are made semi-annually as equal instalments. Maintenance charges to cover loan repayments will be collected from shareholders approximately six months before the first repayment is due. The first loan repayment is estimated to be payable to the bank on 30 June 2027. The company will be built on a leasehold plot with a company-specific right of redemption as defined in the ground lease. Ground rent is included in the maintenance charge.

Withdrawal from the purchase

If the sale does not proceed for reasons attributable to the bidder, the seller is entitled to receive the agreed standard compensation.