Undeveloped 6.575-hectare property for sale in Kolari, Kolari

The object is sold by competitive bidding in an online auction on www.huutokaupat.com during the period 22 June–8 July 2026. Participation in the auction requires registration. The deadline for submitting bids is 8 July 2026 at 18:00, or three minutes after the last accepted bid.

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

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

The enforcement authority reserves the right to end the sale or extend the sale period.

The property is seized and sold under the enforcement officer's supervision by private sale, applying the general auction conditions laid down in the Enforcement Code where applicable.

Payment terms

The enforcement officer will inform the highest bidder whether the bid can be accepted. If the bid is to be accepted, the buyer will pay the whole purchase price by bank transfer to the Enforcement Authority's official account. Once the payment is visible on the account, the enforcement officer will make the sale decision, which will be delivered to the parties. The purchase price cannot be paid by credit card.

Deposit: If the full purchase price is not paid immediately, the buyer must pay a deposit of 20% of the purchase price immediately.

Payment period: If necessary, time to pay the remaining purchase price may be granted for up to six weeks from the sale decision. In that case, annual interest is payable on the whole purchase price for the payment period from the sale date until the payment deadline. The reference interest rate is currently 2.50%. If payment is not made within the granted period, statutory late payment interest will be charged thereafter; it is currently 9.50%.

Buyer’s obligations

The buyer must apply for title registration (lainhuuto) for their acquisition within six months of the date of the deed. The buyer must pay transfer tax (stamp duty) on the acquisition proactively when applying for title registration. The transfer tax is 3% of the purchase price.

The State has a pre-emption right to buy the property if acquisition is necessary for national defence, border control or border security or for safeguarding regional inviolability (Act on the State's Pre-emption Right in Certain Areas 29.3.2019/469).

Persons from outside the EU and EEA may acquire real estate in the territory of the Republic of Finland only if a permit is granted (Act on the Permission Requirement for Certain Acquisitions of Real Property 29.3.2019/470).

Object's terms of sale

The object is sold in an online auction with automatic increment bidding on the website www.huutokaupat.com. The deadline for submitting purchase offers expires on 8 July 2026 at 18:00 (or three minutes after the last purchase offer accepted to the auction).

The Enforcement Authority is not responsible for the functioning of the service provider's system. The highest bid is the bid that the service provider's system has approved as the highest. The enforcement officer decides whether the highest bid is to be accepted. Bids placed in the online auction are binding. If a bid is accepted, the bidder is obliged to pay the offered purchase price within the agreed payment period. Failure to pay the offered purchase price may lead to the buyer's liability for compensation under Chapter 5, Section 25 of the Enforcement Code.

The enforcement officer reserves the right to close the sale or extend the sale period.

If it is not possible to submit bids via Huutokaupat.com, a prospective buyer may submit a written bid to the enforcement officer. The bid will be entered into the online auction as a maximum bid in accordance with the automatic increment system. The bid must be submitted in writing to the Enforcement Authority no later than 6 July 2026 at 12:00 to the address: Enforcement Authority / Kuusamo office, Kaiterantie 20, FI-93600 Kuusamo. A written bid is binding and subject to the same conditions as the online auction. The written bid must be signed and must include the bidder's contact details, the maximum amount of the bid and the object number in the Huutokaupat.com service to which the bid relates.

The property is seized and sold under the care of the enforcement officer in accordance with Section 76 of Chapter 5 of the Enforcement Code and, where applicable, the general auction conditions of the Enforcement Code.