New ownership model for Linna suites - Articles

Following a groundbreaking general meeting at the start of August, a unanimous decision was made to begin the implementation of a part-ownership scheme for the stunning set of suites owned by Linna Golf.

Linna Golf, located 100km north of Helsinki and a member of the prestigious European Tour Properties portfolio, is celebrating its tenth Anniversary this year and now Vanajanlinna Golf Suites Oy has announced it will begin to offer prospective customers the option to purchase a one-sixth share of a suite.

Costing approximately €50,000 and offering the part-owner eight to nine holiday weeks per year in the gorgeous surroundings of Vanajanlinna, plus opportunities to play at Linna Golf, it is a concept that has grown in popularity in Finland and across the world as a modern, flexible way to own and enjoy first-class real estate is magnificent surroundings.

“I am very satisfied with the model we have built," said Linna Golf Executive Director Petri Keskitalo. "We have received significant assistance from Finland’s leading developer of part-ownership models, who has helped us build and customise this concept. The wheel of our business is turning in a very good direction right now, both strategically and operationally.”

During the first phase, 24 one-sixth part-ownership shares will be released for purchase. The Vanajanlinna Golf Villas, which were built by YIT, were all sold during the past summer.

For more information, visithttp://www.linnagolf.fi/en/

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