A city that epitomizes the highest standards of living
Discover Helsinki's Real Estate
The largest city of Finland and home to over 1.3 million people, Helsinki is famous for its diverse architecture and design. Being the capital of Finland, it is the country’s hub of politics, culture, education, finance, and research. Having been ranked as the world’s most livable city by British magazine ‘Monocle’ in 2011, Helsinki has attracted the attention of many real estate investors over the past few years.
Culture, History, and Business
Helsinki was founded in the year 1550 by King Gustav I of Sweden and was established as a small trading town. With such deep origins, it is a city of great historical and cultural significance. Having established itself as the administrative center of Finland after its independence in 1917, Helsinki garnered an international reputation when it hosted the Olympics in 1952. It is home to Helsinki Cathedral, arguably Finland’s most famous historical landmark, and Finlandia Hall, which has hosted numerous international summit meetings over the years.
Besides its unbelievably rich cultural heritage, Helsinki is also renowned as one of Europe’s wealthiest capitals. It accounts for approximately one-third of Finland’s GDP and gathers huge profits from service-related IT and public sectors. Also, 83 of the top 100 largest Finnish companies are headquartered in Greater Helsinki, the metropolitan region surrounding the city.
Two-thirds of the 200 highest-earning executives reside in this region, and 42% live within the city. Greater Helsinki’s gross value added per capita is roughly 200% of the mean of 27 European metropolitan areas. With these astounding statistics, it’s fair to say that Helsinki plays a significant role in the global economy and would be an ideal destination for real estate investors from all over the world.
Real Estate Appeal
The real estate market in Helsinki is reliable as well as profitable. Due to its moderate prices, decent rate of return on investments, and security, the residential property investment sector in Helsinki has undergone a massive boom over the past decade. In the secondary housing market, prices are generally lower when compared to the new real estate market. The rental prices and demand, however, are exceptionally high. Given that 43% of all of the households in Greater Helsinki are rented dwellings, it offers optimal investment opportunities for foreign as well as local investors.
Real Estate opportunities are abundant through the city of Helsinki and its Metropolitan region. With its incredibly high standards of living, the neighborhoods along the coast, including Ullanlinna, Eira, and Kaivopuisto, are in high demand among luxury buyers.
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Attractive Investments In Helsinki
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