California man buys small island in Finland because it was cheaper than deposit on house
The couple’s new home is in Finland on their own island.
Couple buys small island because it was cheaper than a house
The cost of living is getting quite ridiculous. Pretty soon people will feel like they need to take a loan out just to buy basic groceries. But there's one area that has people struggling beyond compare and that's the extreme cost of not only rent but purchasing a home. Many people are being completely priced out of the market causing people to rent longer than they'd like while some are having to move back in with their parents.
Due to the rising price of housing in American specifically, more people are choosing to relocate outside of the country in hopes to maintain a better quality of life on less money. There are entire Reddit channels dedicated to expat living and Americans looking to become expats.
Oliver Russell, 24 was slightly ahead of the curve with his exit from the United States. Though he is American, he's also half Finnish giving him dual citizenship with ties to the country through friends and family that he visited often.
Russell grew up in Laguna Beach, California but after moving Colorado, he was denied in-state tuition which made affording business school nearly impossible. That's when he decided to take advantage of the free college education Finland offers for it's citizens, he had always dreamed of moving to Helsinki anyway.
It just so happened after getting settled into his second homeland, he met a girl. Helena Tomaszewska, 20 is Dutch and once the two got serious about dating the started looking at getting a summer home, which is standard in Finland. But during their search for the perfect home, the two discovered houses were expensive. The down payment alone seemed like entirely too much money for the young couple.
""In Finland, the summer cottage life is a huge part of the culture and I would come out here every summer. I loved the summer cottage life and wanted one of my own," Russell tells SWNS.
They continued their search, checking out different real estate websites for something in their price range. Just when it seemed like the pair was having a run of bad luck locating an affordable property for to serve as their summer home, Russell came across an island. Yes, an island. By the time the new Finnish resident came across the island, it had been on the market for 10 years and lucky for them it was within their budget. The couple only paid $31k for the 2.5 acre island.
Unlucky for them, the island was completely overgrown with tries, bushes and moss. No one had lived there for more than 10 years so if they were going to build their summer home there, they had a lot of work cut out for them. That big detail didn't deter them one bit. The two young adults got to work.
"Our plan is to build a log cabin completely by ourselves with no experience and transform it into a fully functioning summer cottage," the man shares in a video that shows him chopping down trees and shaving bark off of logs.
Russell and Tomaszewska purchased the island in March 2024 and have made several trips to ready the land for a permanent structure. But have so built a platform deck to camp out on and an out house so they have somewhere to rest when they're continuing their work.
Russell tells Lad Bible, "We made a frame out of logs that we felled from trees and I got some decking from a hardware store. We then built an outhouse and I am now trying to build a shower structure so we can wash while we're on the island. We wanted to get the base camp set up so we have a comfortable place to stay while the big building happens next year."
There's a requirement for the island, and it's that a certain portion of it needs to be a sauna. It's unclear if this is a requirement by the Finnish government or a deal between Russell and his girlfriend. Either way, that's the portion they want to focus on after they get the shower built, while their hope is to have the entire cabin built by next summer.
A 2025 finish date might be a little lofty since both island owners are full time students at college leaving little time to trek out to the island to spend days building But there's no doubt they'll finish this massive project and have plenty of time to enjoy it.
Living on an island with no neighbors really cuts down on the chances of unexpected visitors. But a trip to town get a gallon of milk or toilet paper would require a boat ride so hopefully they're also including a large storage area.
How about you, would you live on a deserted island?