03 Feb '17, 12pm

Property investment in Helsinki, Finland: Waterfront villas in the European harbour city

Property investment in Helsinki, Finland: Waterfront villas in the European harbour city

Helsinki’s outlying islands are also seeing renewed development. A subway line is currently being built to Lauttasaari, an island just three kilometres to the west of the city center that is a popular recreational getaway. Its highest point, Mylly Rock, looks out over a range of forests, parks and marinas, and two beaches. A new subway station is also being built in Kulosaari, an island suburb to the east of downtown that Katter describes as “a little like Brooklyn”, complete with cultural offerings, views of the city, and easy proximity to downtown. However, villas continue to be a popular choice for affluent buyers wanting a private retreat. Prices for villas within Greater Helsinki start at around USD 570,000, depending on the size and the neighbourhood. At the high end, prices range from one to two million euros (USD 1.13 million to USD 2.26 million), with some up to E...

Full article: http://www.luxuo.com/properties/luxury-locations/property...

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