Running costs of a holiday home in Levi
A yearly budget checklist
Cost
What drives it
How to estimate it
Electricity and heating
Size, insulation, heat pump, sauna and hot tub use, electricity contract
Usually the largest cost; ask the seller for 12 months of bills
Water and waste
Usage, municipal charges
Municipal and water company tariffs
Property tax (kiinteistövero)
Taxable value and Kittilä's rates
Kittilä 2026: 1.20% of the building's taxable value, 1.30% for land
Housing-company charge (vastike)
Apartments and shares only
Set by the housing company; see the isännöitsijäntodistus
Plot lease
If the land is leased, not owned
Set in the lease agreement
Insurance
Building, contents, letting and liability cover
Quote based on letting use and cover
Snow and roof clearance
Snowfall, roof type, access
Per visit or a seasonal contract
Maintenance reserve
Age, log treatment, sauna and hot tub servicing
Set aside a fixed sum each year
Internet and TV
Contract
Monthly contract
Cleaning and linen
If letting (often recharged to guests)
Per changeover, often recharged to guests
Management fees
If letting (e.g. 20% of stay revenue)
% of revenue
Accounting and tax returns
Personal ownership vs company
Higher for company ownership
Winter matters most
Most costs peak in winter: heating, snow clearance and roof checks. An empty home still needs heating to prevent frost damage, so budget for winter heating even in months you don't let or visit.
Ways to reduce running costs
An efficient heat pump and smart heating controls
A fixed or spot electricity contract that suits your usage
Regular servicing of the sauna, hot tub and ventilation, to avoid bigger repairs
Guest cleaning fees that cover cleaning and linen
Letting in peak weeks, so income covers the fixed costs
General information. Actual costs vary by property. Last reviewed September 2026.
Considering a Levi property? We estimate its true running costs as part of the Pre-Offer Pack.
See buyer servicesFrequently asked questions
How much does it cost to own a holiday home in Levi each year?
It depends on the home's size, heating and ownership type, and whether you let it. The main costs are electricity and heating, property tax, insurance, snow clearance and maintenance, plus cleaning and management if you let. We estimate a full yearly budget for any specific property.
How much does electricity cost for a cabin in Lapland in winter?
Winter electricity is usually the largest running cost for a Levi cabin. It depends on size, insulation, heat pump, sauna and hot tub use, and your electricity contract. An empty cabin still needs heating to prevent frost damage. Ask the seller for past electricity bills.
Do I pay property tax on a holiday home in Finland?
Yes. Owners of real property in Finland pay annual property tax (kiinteistövero) to the municipality, based on the property's taxable value and the municipality's rates. Housing-company shareholders pay it indirectly, through the monthly charge.