Wealth includes, for example, owner-occupied dwellings, detached houses, cottages, plots of land and securities. In connection with the housing offer, we ask for a reliable estimate on the market value of your assets and a statement of your loans. You can ask for an estimate of the sales price of a property from, for example, a real estate agent.
In case of a person moving to Espoo for work, an owner-occupied dwelling located in another municipality may be excluded from the wealth assessment based on a long distance or poor transport connections between the dwelling and the workplace.
Wealth limits applied in Espoo according to the number of persons living in the applicant’s household:
|1 person||2 persons||3 persons||4 persons||5 persons|
|70 000 €||87 000 €||116 000 €||126 000 €||136 000 €|
If there are more than five people in the applicant’s household, the wealth limit is raised by €10,000 per person.
If your wealth exceeds the limits, we will apply your application to our non-subsidised sites that have no restrictions as regards the tenant selection. Please note, however, that there are fewer such sites than there are reasonably priced ARA rental apartments.