The village got its first buildings in 1670, when Måns Mårtensson Karesuando, called "Hyvä Maunu Martinpoika" in Finnish and "Good Maunu, Son of Martti" in English, bought land from Sami Henrik Nilsson Nikkas.
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Karesuando/Karesuvanto is the northernmost point on the major European route E45 to Gela in Italy and a stop on the European route E8 from Tromsø to Turku.