Foreclosed terraced-house property with three flats in Inkeroinen, Kouvola

The property is sold by ascending bids in an online auction held on www.huutokaupat.com from 9 October to 9 November 2026. Registration is required to participate. The deadline for bids is 9 November 2026 or two minutes after the last accepted bid.

The National Enforcement Authority Finland 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 the highest. The enforcement officer separately decides whether to accept or reject the highest bid.

Bids submitted in the online auction are binding. If a bid is accepted, the bidder must pay the offered purchase price within the stated 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.

If it is not possible to submit purchase bids through the Huutokaupat.com service, a prospective buyer may submit a written purchase bid to the enforcement authority. It will be included in the online auction as a maximum bid in accordance with the automatic bidding system. The written

bid must be signed and state the bidder’s contact details, maximum bid and the Huutokaupat.com item number to which the bid relates. A written purchase bid is binding and is subject to the same terms as an online auction bid. The bid must be submitted by 10:00 on 6 November 2026 to the Kouvola office of the National Enforcement Authority Finland at Vuorikatu 1, 45100 Kouvola, or

by email to kouvola.realisointi.uo@oikeus.fi.

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

If the highest bid is accepted, the buyer must immediately pay a deposit of 20% of the purchase price into the National Enforcement Authority Finland’s official bank account. The deposit cannot be paid by credit card. The National Enforcement Authority Finland will contact the bidder whose highest bid has been accepted. The highest bidder must state on whose behalf the bid was made. Otherwise, the highest bidder will be deemed the buyer. Acceptance or rejection of the bid will always be notified separately.

Up to six weeks may be granted for payment of the balance of the purchase price, if necessary. The payment period will be notified separately. If a payment period is used, annual interest on the entire purchase price must be paid in accordance with section 3(2) of the Interest Act for the 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 period, the buyer must pay late-payment interest under section 4(1) of the Interest Act on the entire purchase price until it has been paid or a new sale has been conducted.

Flat 1 is occupied by the owner, and time to vacate has been granted until 31 December 2026. The washer-dryer tower and dishwasher are not included in the sale.

The open-ended tenancy agreement for Flat 2 (the lower-floor flat) has been in force for more than four years, so any notice period given by the buyer would be four months. Rent: €350.00/month + water €30.00/person/month. Electricity is included in the rent. The washer-dryer tower is not included in the sale; it belongs to the tenant. The tenant has expressed to the enforcement officer a wish to continue living in the rented flat.

The tenancy agreement for Flat 3 was terminated by the current owner in September. Under the law, the notice period is three months, so it would end on 31 December 2026, as the tenancy had been in force for less than two years. Further information is available from the enforcement officer. If

the tenant does not surrender possession of the flat and return the keys, the owner/buyer must apply to the district court for an eviction judgment. The tenant stopped paying rent immediately after termination. The washer-dryer tower and dishwasher are not included in the sale.

The buyer must independently assess the condition of the building and the renovations required, taking into account at least their own inspection observations. The property should therefore be inspected. The sales prospectus is indicative and is not a comprehensive description of the property. For example, the actual condition of the structures is not known.

The renovation of Flat 1 is largely incomplete. The safety of the electrical wiring must be checked. Lightning has damaged some of the solar panels. Ten are broken and 22 are working. The enforcement officer has been unable to verify the accuracy of this information. Buyers are advised to familiarise themselves thoroughly with the property, the sales prospectus and the attached documents before submitting a bid.

The State has a right of pre-emption in the sale of a 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). Persons from outside the EU and EEA may acquire property in Finland only if a permit is granted for the acquisition (Act on the Permit Requirement 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’s website.