For example, the forest area shown in the title image is 39.6 ha; its current selling price would be calculated (estimated) as follows – market price x 1.5-2, which is between €313,500 and €418,000.

In Finland, non-residents can also purchase forests. According to industry experts, Russia's attack on Ukraine may introduce certain changes in this sphere as well.

Market analysis conducted by Suomen Sijoitusmetsät Oy shows that forest property prices rose by approximately 11% last year, and it appears that the Russian invasion of Ukraine has gathered dark clouds on the horizon. Esa-Jussi Viitala, a senior researcher at the Natural Resources Institute Finland, explains that it is still too early to assess the impact of the war on forest properties and their prices, but attention should be paid to two issues: how interest rates will affect the market and how interested Finland will be in purchasing properties. E.J.Viitala adds that he would gladly ask these questions, as he has no idea of the answers himself.
Used photograph from the original article by Metsätilat