Property tax in Finland 2026 — how much do you pay?
Property tax (kiinteistövero) is the taxable value multiplied by the property tax rate. The Tax Administration sets the taxable value separately for the land and the building, and the municipality fixes the rates within the ranges set in law.
The rate for a permanent home is 0.41–1.00 percent and for land 1.30–2.00 percent. Below are the ranges, a worked example and the most common misconceptions.
- 0.41–1.00 %
- permanent home
- 1.30–2.00 %
- land
- 0.93–2.00 %
- holiday home
- €170
- two-instalment threshold
How is property tax calculated?
Property tax is the taxable value multiplied by the property tax rate. Crucially, the land and the building are valued separately and taxed at different rates. The tax on the whole property is therefore the land tax plus the building tax. The taxable value is not the market price: it is a calculated value set by the Tax Administration and is typically clearly below fair market value.
Property tax rate ranges 2026
The municipal council fixes the rates each year within the ranges set in the Real Estate Tax Act (654/1992). Every municipality must fix at least four rates: the general land rate, the general building rate, the permanent-home rate and the other-residence rate.
| Category | Range |
|---|---|
| Permanent residential building | 0.41 – 1.00 % |
| Land (general) | 1.30 – 2.00 % |
| Other residence (holiday home) | 0.93 – 2.00 % |
| Buildings (general) | 0.93 – 2.00 % |
| Unbuilt building site | 2.00 – 6.00 % |
| Non-profit organisation | 0 – 2.00 % |
Two common misconceptions
First, many assume the plot under a home is taxed at the low residential rate. It is not. The land under a permanent home is taxed at the general land rate, which is at least 1.30 — clearly higher than the 0.41 floor for the building. Second, a holiday home has its own higher category (0.93–2.00), so a summer cottage is usually taxed more than a permanent home of the same value.
The floor of the general land rate was permanently raised from 0.93 to 1.30 percent in the 2024 reform and remains in force in 2026. The land share of the property tax has therefore grown for many owners even where the building rate has stayed the same.
Payment and thresholds
- No tax is charged at all if the taxpayer’s property tax is below 10 euros.
- The tax is paid in two instalments when it is 170 euros or more, otherwise in one.
- The taxpayer is whoever owns the property at the start of the calendar year.
- Your own rates and taxable values appear on the property tax decision and in OmaVero.
Calculators for this topic
FAQ
How much is property tax in 2026?
It depends on the taxable value and the municipal rate. The permanent-home rate is 0.41–1.00 percent, land 1.30–2.00 percent and a holiday home 0.93–2.00 percent. The tax is the taxable value times the rate, calculated separately for land and building.
Is the plot under a home taxed at the residential rate?
No. The land under a permanent home is taxed at the general land rate, which is at least 1.30 percent. The lower residential rate applies only to the building itself.
Why is a holiday home taxed more?
A holiday home falls into the other-residence category at 0.93–2.00 percent, while a permanent home is 0.41–1.00 percent. The same taxable value therefore produces a higher tax for a cottage.
Is the taxable value the same as the market price?
No. The taxable value is a calculated value set by the Tax Administration and is typically clearly below fair market value. It is determined separately for the land and the building.
When is property tax paid in two instalments?
When the tax is 170 euros or more. A smaller amount is paid in a single instalment, and tax below 10 euros is not charged at all.
Where can I see my own property tax rate?
On the property tax decision and in OmaVero. The decision shows both the taxable values of the land and building and the rates applied by your municipality.