Itämerenkatu 8, Commercial premises 41.5 m², Helsinki

Terms of sale

The City of Helsinki, Urban Environment Division, reserves the right to accept or reject the highest bid. If the highest bidder withdraws from the auction, the City of Helsinki may offer the property to the second-highest bidder at that bidder's highest offered price.

The property is sold as a sale between users. Huutokaupat.com is not a party to the sale.

The property is sold in the condition and with the fittings shown in the advertisement and as at the time of sale. Participants must inspect the property and documents themselves before making a binding offer. The buyer cannot later rely on any matter that could have been observed during a prior inspection or from the documents. By submitting an offer, the bidder accepts the condition of the property as is.

The buyer has no right of exchange or return. No guarantee is given for the property. The descriptions in the advertisement are the seller's assessments of the property.

Bidders agree that their contact details may be disclosed by Huutokaupat.com to the advertiser to allow notification of the sale decision.

The deed of sale prepared by the seller will be used in the transfer. Ownership and right of possession of the property transfer to the buyer upon signing the deed. The signing time will be agreed with the buyer after the City of Helsinki's separate sales decision in the matter has become final (approximately 21 days). The purchase price must be paid no later than at the signing meeting, where a receipt for payment will be presented. The buyer is responsible for the transfer tax.

Bidding period

3 August 2026 – 1 October 2026

The bidding period starts on 3 August 2026 and ends on 1 October 2026 at 13:00 or 3 minutes after the last accepted bid. Bids must be placed in the Huutokaupat.com service by the stated time.

It is also possible to participate in the auction by submitting a written binding offer to the seller's representative by 24 September 2026 at 10:00. Arrangements for submitting a written offer must be agreed in advance with the seller's representative. All offers will be registered publicly on the property's advertisement. A written purchase offer is binding and is subject to the same conditions as the online auction. Buyers undertake to enter all offers into the system.

The written offer must be signed and must state the bidder's contact details, the maximum amount of the offer and the Huutokaupat.com property ID to which the offer relates.

The Urban Environment Division 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 accepted as the highest.

Bids placed in the online auction are binding. If an accepted bid is approved, the bidder is obliged to pay the offered purchase price within the agreed payment period.

The City of Helsinki, Urban Environment Division, reserves the right to interrupt the auction or to extend the sales period.

Offers

The City of Helsinki, Urban Environment Division, reserves the right to request additional information and clarifications from bidders and to reject any or all offers. All bidders will be informed of the selection.

Conditions for acceptance of an offer

Acceptance of an offer requires that the buyer has no adverse credit entries and that neither the buyer, the buyer's owner entity nor any party exercising control over the buyer is subject to sanctions imposed by the European Union or the United Nations. By making an offer, the buyer confirms that these conditions are met.

Final acceptance of an offer also requires a separate sales decision by the competent official or body of the City of Helsinki.

Inspection of the property

The property is sold in the condition and with the fittings shown in the advertisement and as at the time of sale. Participants must inspect the property and documents themselves before making a binding offer. The buyer cannot later rely on any matter that could have been observed during a prior inspection or from the documents. By submitting a bid, the participant accepts the condition of the property as is.

Withdrawal from a bid

If a bidder withdraws from an accepted bid, they must compensate the seller for costs incurred as a result of the failed auction equal to 4% of the accepted bid price.

If the highest bidder withdraws and the City of Helsinki offers the property to the second-highest bidder, and the second-highest bidder withdraws after the sales decision, a cancellation fee equal to 4% of the accepted bid price will be charged.