Foreclosed property in Reitkalli, Hamina, Hamina

Specific terms of sale

Method of submitting bids

The property will be sold by ascending bids in an online auction held on www.huutokaupat.com from 12 October to 2 November 2026. Registration is required to participate. The deadline for submitting bids is 2 November 2026 at 18:00, 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 accepted as the highest by the service provider’s system. The enforcement officer will separately decide whether to accept or reject the highest bid.

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, which will be included in the online auction as the maximum bid according to the automatic bidding system. The written bid must be signed and state the bidder’s contact details, maximum amount and the item number on Huutokaupat.com to which the bid relates. The written purchase bid is binding and is subject to the same terms as the online auction. The bid must be submitted by 29 October 2026 at 10:00 to the Kouvola office of the National Enforcement Authority Finland, address: 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 sale period.

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.

Payment terms

Deposit

If the highest bid is accepted, the buyer must immediately pay a deposit equal to 20% of the purchase price into the National Enforcement Authority’s official client funds account. The deposit cannot be paid by credit card. The National Enforcement Authority will contact the highest bidder whose 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.

If necessary, the balance of the purchase price will be granted a payment period until 23 November 2026. A request for a payment period must be made separately. If a payment period is used, annual interest in accordance with section 3(2) of the Interest Act must be paid on the full purchase price 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 period, the buyer must pay default interest in accordance with section 4(1) of the Interest Act on the entire purchase price until the purchase price has been paid or a new sale has been conducted.

Other information

The property has been foreclosed and is sold by a free sale conducted by the enforcement officer, applying the general auction terms laid down in the Enforcement Code as appropriate. The sales brochure is indicative and is not a comprehensive description of the property.

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

The buyer obtains possession of the property once the full purchase price has been paid. The buyer may not use the property in a way that reduces its value before receiving the deed of sale. The buyer obtains title to the property upon receiving the deed of sale. The deed of sale will be handed over once the full purchase price has been paid and the sale has become final.

The State has a right of first refusal in the purchase of real property if acquiring the property is necessary to ensure national defence, border surveillance or border security, or to monitor or safeguard territorial integrity (Act on the State’s Right of First Refusal in Certain Areas, 29 March 2019/469).

Persons from outside the EU and EEA may acquire real property in Finland only if a permit is granted for the acquisition (Act on the Permit Requirement for Certain Real Property Acquisitions, 29 March 2019/470). The buyer is responsible for obtaining the permit and fulfilling the related obligations. Further information is available on the Ministry of Defence website.