Asuntoosake
Asuntoosake is a Finnish term that translates to "apartment building" or "apartment property." It refers to a real estate ownership structure where an individual owns a specific apartment unit within a larger building, along with a share of the common areas and land. This form of ownership is prevalent in Finland and is analogous to condominium ownership in other countries.
When one purchases an asuntoosake, they acquire shares in a housing company (asunto-osakeyhtiö) that owns the
Buyers of an asuntoosake become shareholders in the housing company and have voting rights in the company's