Right-of-Occupancy Apartments

Conditions for getting a right-of-occupancy apartment

• The applicant must be at least 18 years old when applying.
• The applicant is considered ineligible for the right-of-occupancy apartment if the applicant or any family member aged 18–54 owns an apartment in the area that reasonably matches the requested right-of-occupancy apartment in location, size, equipment level, housing costs, and other characteristics.
• The applicant is assumed ineligible for the right-of-occupancy apartment if the applicant or their family has enough assets to finance at least 50 % of the market price of the requested apartment or to renovate an owned apartment in the area to match the requested one.
• The asset limit is set by the right-of-occupancy housing company. The limit is determined based on the location and size of the requested apartment.
• The applicants aged 55 or older as well as those exchanging the right-of-occupancy apartment are exempt from asset and needs assessment applicants aged 55 or older, or to those exchanging a right-of-occupancy apartment.

Applying for a right-of-occupancy apartment

To apply for a right-of-occupancy apartment, you need a queue number on your application. Applicants get their queue number from The Centre for State-Subsidised Housing Construction (VARKE), which maintains the queue number register.

VARKE’s guidance website on right-of-occupancy housing (in finnish)