It sure a good downpayment towards a mortgage. If you’re from a non-EU country you’d need a permit to buy “Real estate”. I thought I should highlight that. Apartments or town houses that are run by housing companies let you have rights to one of their apartments when you shares in those companies. I’m a EU citizen who bought an apartment in Finland (here: https://prian.info/finland/lapland/land/), by the way.