Purchase of the building only
You can buy just the building or structure, without the deal including land or a transferable lease. Pay the transfer tax on the sales price (or other compensation). You must calculate the amount of transfer tax yourself and pay it.
When you buy an allotment cottage or summer cottage, you are only buying the building. You also have the right to lease the plot where the building stands. In a case like this, you will only pay transfer tax for that part of the sales price that concerns the building – that is, the building's current value. Enter the building's value separately in the deed of sale. See more details on how the value of a building is determined.
Calculate the tax
Transfer tax is 4% of the sales price (or other compensation).
You pay a 4% tax on the allotment cottage or summer cottage.
Pay the tax
Pay the tax within 6 months from the date when you signed the deed of sale or other agreement.
File the return
File the transfer tax return within 6 months from the date when you signed the deed of sale or other agreement.
Attach the following to the signed form
- a receipt of tax payment
- a copy of a signed deed of sale or other agreement
- the seller's and buyer’s statement on the value of the allotment cottage or summer cottage, unless this is already specified in the deed of sale.
Find the nearest tax office where you can file the form. Corporate taxpayers: If you want to send the form by post, see the contact information of Corporate Tax Offices. We will send the notice back to you by post once we have processed it.
You do not have to apply to the National Land Survey of Finland for registration of title to your property.
A building’s value is set at the current value on the date when it was transferred (sold). 'Current value' refers to the property’s likely transfer price. If you pay an excessive price for the building, that amount is used for the calculation of the transfer tax.
The deed of sale must show the building's value separately. When the customer has proposed a price for the building, the Finnish Tax Administration will check it according to its set of valuation principles. The building’s value is dependent on the building's age, size, condition and level of fixtures and fittings. If the sales price includes movable property, its quantity and quality must also be specified.