buying apartment

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sunnyshiny
Posts: 17
Joined: Tue Jul 03, 2012 4:36 pm

buying apartment

Post by sunnyshiny » Sat Mar 10, 2018 11:10 am

Hello
we are planning to buy an apartment in Helsinki, and we saw a vintage apartment (1920) which we liked but the price is almost like buying a brand new apartment (around 2010 and beyond).
-We would like to know if it is worth buying old vintage apartments?
-what are the general people view about the vintage apartments?
- is it easy to sell it in the future?
Thanks a million



buying apartment

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betelgeuse
Posts: 2798
Joined: Thu Aug 29, 2013 1:24 am

Re: buying apartment

Post by betelgeuse » Sun Mar 11, 2018 9:05 pm

sunnyshiny wrote:
Sat Mar 10, 2018 11:10 am
we are planning to buy an apartment in Helsinki, and we saw a vintage apartment (1920) which we liked but the price is almost like buying a brand new apartment (around 2010 and beyond).
-We would like to know if it is worth buying old vintage apartments?
-what are the general people view about the vintage apartments?
- is it easy to sell it in the future?
High price is a signal that there's plenty of demand.


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wolf80
Posts: 451
Joined: Tue Jan 17, 2012 12:43 pm
Location: Helsinki

Re: buying apartment

Post by wolf80 » Sun Mar 11, 2018 10:46 pm

betelgeuse wrote:
Sun Mar 11, 2018 9:05 pm


High price is a signal that there's plenty of demand.
Or delusional owners.


FinnGuyHelsinki
Posts: 871
Joined: Sun Nov 08, 2009 8:52 pm

Re: buying apartment

Post by FinnGuyHelsinki » Tue Mar 13, 2018 10:15 am

sunnyshiny wrote:
Sat Mar 10, 2018 11:10 am
Hello
we are planning to buy an apartment in Helsinki, and we saw a vintage apartment (1920) which we liked but the price is almost like buying a brand new apartment (around 2010 and beyond).
-We would like to know if it is worth buying old vintage apartments?
-what are the general people view about the vintage apartments?
- is it easy to sell it in the future?
Thanks a million
Money-wise, you have to consider the location, the condition, the housing company (fees, assets, upcoming renovations), the price and view those against other offerings. Some older buildings may have requirements regarding keeping it in original-like state, limiting the changes that can be made. Ultimately it's only you who can decide whether it's worth it or not.


betelgeuse
Posts: 2798
Joined: Thu Aug 29, 2013 1:24 am

Re: buying apartment

Post by betelgeuse » Tue Mar 13, 2018 11:47 am

wolf80 wrote:
Sun Mar 11, 2018 10:46 pm
betelgeuse wrote:
Sun Mar 11, 2018 9:05 pm
High price is a signal that there's plenty of demand.
Or delusional owners.
I was primarily thinking of closed deals. There's plenty of information about that available.


Upphew
Posts: 10151
Joined: Tue Apr 08, 2008 10:55 pm
Location: Lappeenranta

Re: buying apartment

Post by Upphew » Tue Mar 13, 2018 12:40 pm

wolf80 wrote:
Sun Mar 11, 2018 10:46 pm
betelgeuse wrote:
Sun Mar 11, 2018 9:05 pm


High price is a signal that there's plenty of demand.
Or delusional owners.
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GmoDelft
Posts: 151
Joined: Fri Jul 06, 2012 4:02 pm

Re: buying apartment

Post by GmoDelft » Thu Apr 05, 2018 10:47 am

I bought recently of 2010 built house, Old house price depends on its schedule and done maintenance work. Its good to buy vintage house if its located in high demand area. otherwise the price can go down.


burak25
Posts: 46
Joined: Sat Apr 06, 2013 1:30 am

Re: buying apartment

Post by burak25 » Fri Apr 06, 2018 4:25 pm

Check practical situations too. I my office is in an Alvar Aalto building. It is not allowed to even hang something on the walls without permission from whatever department that takes care of protected buildings. (What I am told. I didn't rent or buy the office so no idea about details)


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