Feb 21 • 06:00 UTC 🇫🇮 Finland Ilta-Sanomat

Raimo is selling his studio apartment for 2,000 euros – such apartments can be found in Finland for a bargain

An 85-year-old man is selling his studio apartment in Lieksa, Finland, for just 2,000 euros as part of a broader market of low-cost properties available across the country.

Raimo Timonen, an 85-year-old resident of Lieksa, Finland, is attempting to sell his 33-square-meter studio apartment for a mere 2,000 euros. This sale is part of a trend where numerous properties across Finland are being offered at significantly reduced prices, with Timonen's motivation rooted in his desire to downsize and manage his possessions as he ages. His apartment, built in the 1970s and located close to the center of Lieksa, includes amenities such as a balcony, large storage areas, an electrical parking space, and access to a shared sauna in the building.

Timonen purchased the apartment around twenty years ago and had a tenant living there until about eighteen months ago when the tenant passed away. Following this event, Timonen began contemplating what to do with the property, especially since his family is abroad and there is no longer a need to maintain the apartment. Despite his initial attempts to rent it out again, he has now decided to sell at a low price, underscoring his eagerness to manage his assets as he ages and simplify his life.

The listing of affordable properties in Finland, such as Timonen's, indicates a larger trend in the housing market where affordable options are becoming available, appealing to various potential buyers, including first-time homeowners or those looking for seasonal residences. This could also reflect socio-economic shifts within Finland, as older residents may seek to liquidate assets or downsize their living situations, creating opportunities for new buyers in the property market.

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