Right-of-Occupancy Housing

Right-of-occupancy housing is a mix between rental and owner-occupied housing. The Housing Finance and Development Centre of Finland (ARA) grants the queue numbers for right-of-occupancy dwellings.

Right-of-occupancy housing is a mix between rental and owner-occupied housing. Right-of-occupancy housing is built with state subsidy. Residents of right-of-occupancy housing pay a right-of-occupancy fee, which is 15 percent of the original purchase price of the unit. In addition, residents pay a management fee, which is comparable to rent.

Residents are entitled to stay in right-of-occupancy housing for as long as they wish. When they give up a unit, they are paid back the right-of-occupancy fee that they paid for the unit added with a sum calculated according to the construction cost index.

Do the following

You need a queue number to apply for a right-of-occupancy dwelling. The Housing Finance and Development Centre of Finland (ARA) grants the queue numbers for right-of-occupancy dwellings.