The report published on Friday is tailored for foreign investors looking to buy property in the Finnish capital region.
Praise is heaped on several city quarters, and planned developments. Arabianranta, for example, is told to boast houses that have “balconies fitted with protective glass panels, plus artwork in shared areas”. Northeast of the downtown district, Kalasatama is to hold "a new ‘neighbourhood of lights’, where developers will agree to include artistic lighting features on new buildings to brighten up the long winter nights.”
The article also describes upcoming West Harbour developments, which include a man-made beach and pleasure boat marina. Eira is painted as popular with diplomats, and Punavuori as trendy. The increasingly popular - not to speak of trendy - Kallio gets a slightly more dubious write-up as home to “austere-looking blocks of flats built in the 1950s and 1960s.”
Prime property
Some of Helsinki's prime property gets a mention in the FT piece. Those not too tight on cash might for instance consider a 227 square-metre apartment in Eira for 2.27 million euros.
According to the article, less expensive real estate can be found in Espoo.
One drawback for overseas buyers looking for property in Helsinki is mentioned: most advertisements for apartments are in Finnish, which is “a notoriously difficult language to learn”.
