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Old 15-03-2008, 04:29 PM
Liam Bailey Liam Bailey is offline
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Join Date: Feb 2008
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Yes, it is an extremely safe market to invest in.

Under Finnish law, deposits and all installements paid on off-plan developments must be held in an escrow fund until the buyer receives their keys and signs the deeds, if the buyer changes their mind, or if work on the development stops for any reason before this point they are entitled by law to a full refund, minus an administration fee of approximately 2%.

About the developments I mentioned, Aurora Sky and Snow White Golf Hotel in Levi, I forgot to mention that all apartments in both developments come fully furnished, including a wide-screen TV and home enterrtainment system. Also standard is a double shower, and sauna in every single apartment.

Given the rising popularity of skiing and adventure holidays, as well as the guaranteed rental yields on these properties, they are not only safe, but extremely profitable investments, over the short or long term, and fantastic holiday homes to boot.

Liam Bailey
Head of International Research
David Stanley Redfern Ltd
Overseas Investment Property | Property Abroad | Real Estate
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