Seized commercial property in Karhula, Kotka, Kotka

Property-specific terms of sale

Form of bids

The property will be sold by increment bids in an online auction held on the website www.huutokaupat.com from 3 September to 23 September 2026. Participation in the auction requires registration. The deadline for submitting bids is 23 September 2026 at 13.00, or three minutes after the last accepted bid.

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 accepted as the highest. The enforcement officer will decide separately whether to accept or reject the highest bid.

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

If it is not possible to submit purchase offers through the Huutokaupat.com service, the prospective buyer may submit a written purchase offer to the enforcement authority, which will be added to the online auction as the maximum bid in accordance with the bidding automation. The written offer must be signed and must state the offeror’s contact details, the maximum amount of the offer and the Huutokaupat.com item number to which the offer applies. The 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 17 September 2026 at 10.00, to the address Vuorikatu 1, 45100 Kouvola, or by email to kouvola.realisointi.uo@oikeus.fi.

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

Payment terms

Deposit

If the highest bid is accepted, the buyer must immediately pay a deposit of 20 per cent of the purchase price into the Enforcement Authority’s official funds account. The deposit cannot be paid by credit card. The Enforcement Authority will contact the bidder whose highest bid was accepted. The highest bidder must state on whose behalf the bid was made. Otherwise, the highest bidder is regarded as the buyer.

Payment period
If necessary, a payment period until 14 October 2026 will be granted for the remaining purchase price. The payment period must be agreed separately. If a payment period is used, annual interest on the full purchase price must be paid in accordance with Section 3, subsection 2 of the Interest Act for the entire agreed payment period from the date of sale until the end of the payment period.

If no payment period is used, the purchase price must be paid without delay after acceptance of the bid.

If payment is not made within the prescribed time, the buyer must pay default interest on the full purchase price in accordance with Section 4, subsection 1 of the Interest Act until the purchase price has been paid or a new sale has been carried out. The current rate of default interest is 9.50%.

Other information

The property has been seized and will be sold by public sale conducted by the enforcement officer, with the general auction terms laid down in the Enforcement Code applied as appropriate. The sales brochure is indicative and does not provide a comprehensive description of the property for sale.

Buyers are advised to familiarise themselves thoroughly with the property for sale, the sales brochure and the attached documents before making a bid.

The state has a right of pre-emption in the sale of real property if acquiring the property is necessary to ensure national defence, border control or border security, or to monitor or safeguard territorial integrity (Act on the State’s Right of Pre-emption in Certain Areas 29 March 2019/469).

Persons from outside the EU and EEA are only entitled to acquire real property in Finland if a permit is granted for the acquisition (Act on Permit Requirements for Certain Real Estate Acquisitions 29 March 2019/470). The buyer is responsible for obtaining the permit and for the obligations arising from it. Further information is available on the Ministry of Defence website.