Seized property with buildings in Kotka, Kotka

Item-specific terms of sale

How to submit bids
The lot is sold by incremental bids in an online auction held on the website www.huutokaupat.com during the period 6 May–27 May 2026. Participation in the auction requires registration. The deadline for submitting bids ends on 27 May 2026 at 18:00 or three minutes after the last accepted bid.

The Enforcement Authority is not responsible for the service provider's system functionality. The highest bid is the one the service provider's system has recorded as highest. The enforcement officer will separately decide whether to accept or reject the highest bid.

The Enforcement Authority reserves the right to terminate the sale or to extend the sale period.

Bids submitted in the online auction are binding. If an offered bid is accepted, the bidder is obliged to pay the offered purchase price within the stated payment period. Failure to pay the offered purchase price may lead to buyer's liability for compensation under Section 25, Chapter 5 of the Enforcement Code.

If it is not possible to submit purchase bids via the Huutokaupat.com service, a prospective buyer may submit a written purchase offer to the enforcement authority, which will be attached to the online auction as a maximum offer according to the automatic increment function. The written offer must be signed and must state the bidder's contact details, the maximum offer amount and the Huutokaupat.com lot number to which the offer relates. A written purchase offer is binding and the same terms apply to it as to the online auction. The offer must be submitted no later than 21 May 2026 at 12:00 to the Kotka branch of the Enforcement Authority's foyer mailbox, address Vuorikatu 5 C, 48100 Kotka, or by e-mail to kouvola.realisointi.uo@oikeus.fi.

Payment terms

Deposit

If the highest bid is accepted, the buyer must immediately pay a deposit of 20% of the purchase price to the Enforcement Authority's official account. The deposit cannot be paid by credit card. The Enforcement Authority will contact the bidder whose bid has been accepted as highest. The highest bidder must state on whose behalf the bid was made. Otherwise the highest bidder will be considered the purchaser.

Payment period

If the highest bid is accepted, payment time for the remaining purchase price may be granted until 18 June 2026 if necessary. Any payment period must be agreed separately. If a payment period is used, annual interest under section 3(2) of the Interest Act shall be charged on the full purchase price for the entire agreed payment period from the date of sale until the end of the payment period. If no payment period is granted, the purchase price must be paid immediately after acceptance of the bid.

If payment is not made within the specified time, the buyer must pay default interest under section 4(1) of the Interest Act on the entire purchase price until the purchase price has been paid or a new sale has been carried out.

Other information

The asset is seized and will be sold by public sale conducted by the enforcement officer, following as applicable the general auction terms laid down in the Enforcement Code. The sales brochure is indicative and does not provide a comprehensive description of the lot.

Buyers are urged to familiarise themselves thoroughly with the lot, the sales brochure and the attached documents before making an offer.

The State has a right of pre-emption in the sale of property where acquisition of the property is necessary for national defence, border surveillance or border security, or for the supervision or safeguarding of territorial integrity (Act on the State's Right of Pre-emption in Certain Areas 29 March 2019/469).

Persons outside the EU and EEA may acquire real estate in the territory of the Republic of Finland only if a permit has been granted (Act on the Permit Requirement for Certain Acquisitions of Real Property 29 March 2019/470). The buyer is responsible for obtaining any required permit and for the obligations arising from it. More information is available on the Ministry of Defence's website.