FOR SALE: 5.605-HECTARE PROPERTY WITH A SHARE IN A JOINTLY OWNED FOREST, KEMIJÄRVI / Seized 5.605 ha property, Kemijärvi

The property is sold in an online auction held on www.huutokaupat.com from 12 October to 26 October 2026. Registration is required to participate. The deadline for bids is 26 October 2026 at 18:00 (or 2 minutes after the last accepted bid).

The National Enforcement Authority Finland is not responsible for the operation of the service provider’s system. The highest bid is the bid accepted as the highest by the service provider’s system. The enforcement officer decides whether to accept or reject the highest bid. Bids made in the online auction are binding. If a bid is accepted, the bidder must pay the offered purchase price within the agreed payment period. Failure to pay may result in 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 sales period.

The property has been seized and is sold privately through the enforcement officer in accordance with Chapter 5, section 76 of the Enforcement Code and, where applicable, the general auction terms laid down in the Enforcement Code.

Payment terms

The enforcement officer informs the highest bidder whether the bid can be accepted. If it can be accepted, the buyer must pay the entire purchase price by bank transfer to the National Enforcement Authority’s official client funds account. Once the payment is visible in the official client funds account, the enforcement officer issues a sale decision, which is delivered to the parties concerned. The purchase price cannot be paid by credit card.

Deposit: Unless the entire purchase price is paid immediately, the buyer must immediately pay 20% of the purchase price as a deposit.

Payment period: Where necessary, a payment period of no more than six weeks from the sale decision may be granted for the balance of the purchase price. In that case, annual interest is payable on the entire purchase price for the whole payment period, from the date of sale until the end of the payment period. The reference rate is currently 2.50%. If payment has not been made within the granted payment period, annual late-payment interest will thereafter be charged, currently at 9.50%.

Obligations transferred to the buyer

Upon transfer of ownership, the buyer must pay transfer tax of three per cent on their own initiative before applying for title registration and no later than six months after the deed of sale is made. The buyer is responsible for title registration costs and transfer tax.

The State has a right of pre-emption in the sale of the property if acquiring it 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).

Foreign persons specified by law may acquire property in Finland only if permission for the acquisition is granted (Act on the State’s Right of Pre-emption in Certain Areas, 29 March 2019/470).

Additional sale terms

The property is sold by online auction with incremental bidding on www.huutokaupat.com. The deadline for submitting purchase bids is 26 October 2026 at 18:00 (or 2 minutes after the last purchase bid accepted for the auction has been submitted).

The National Enforcement Authority Finland is not responsible for the operation of the service provider’s system. The highest bid is the bid accepted as the highest by the service provider’s system. The enforcement officer separately decides whether to accept or reject the highest bid. Bids made in the online auction are binding. If a bid is accepted, the bidder must pay the offered purchase price within the agreed payment period. Failure to pay may result in the buyer’s liability for compensation under Chapter 5, section 25 of the Enforcement Code.

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

If it is not possible to submit a bid through Huutokaupat.com, a prospective buyer may submit a written bid to the enforcement officer. The bid will be added to the online auction as a maximum bid in accordance with the automatic increment system. The written bid must be submitted to the National Enforcement Authority Finland no later than 23 October 2026 at 12:00, at: National Enforcement Authority Finland / Kuusamo office, Kaiterantie 20, 93600 Kuusamo. A written bid is binding and is subject to the same terms as the online auction. The written bid must be signed and state the bidder’s contact details, the maximum bid amount and the Huutokaupat.com property number to which the bid relates.

The property has been seized and is sold privately through the enforcement officer in accordance with Chapter 5, section 76 of the Enforcement Code and, where applicable, the general auction terms laid down in the Enforcement Code.