New studio to the highest bidder — low sale price + private plot!, Espoo

Property:

A fifth-floor studio (31 m², 1 room + kitchenette) was completed in summer 2023, so all surfaces and fittings are in like-new condition. The apartment has an open-plan kitchen with modern appliances (incl. integrated dishwasher and induction hob) connected to the living area, creating a spacious living space. Glazed balcony opens to peaceful views, providing extra living space year-round. The bathroom is roomy and modern: it has underfloor heating, a shower screen and space for a washing machine.

Housing company:

Asunto Oy Espoon Katajakallio is a housing company completed in 2023 in Nöykkiö, Espoo. The company comprises 57 residential units across two apartment buildings. The buildings are on their own plot, so there is no separate ground rent charge. Heating is energy-efficient district heating (energy class B2018) and each building has a lift. Facilities include a pleasant sauna section, a laundry room and storage for outdoor equipment for residents. The company also has a heated indoor car park. An annual inspection has just been carried out and there are no significant repair needs for the foreseeable future — living in a new building is worry-free without renovation concerns. The financing charges for the company loan have been recognised in the company's accounts, making them 100% tax-deductible for an investor.

Espoo – Finland's technology hub

Espoo is a growing technology and business centre in the Helsinki region, offering excellent conditions for work, education and leisure. The city is known for its universities (e.g. Aalto University campus in Otaniemi) and innovation hubs (Espoo Keilaniemi), which continually attract new residents and support a strong rental market. In Espoo, nature and urban life combine: the city offers large green areas, sea-view coastal paths and several shopping centres (e.g. Iso Omena, the new Lippulaiva and Sello). Nöykkiö is located in southern Espoo, about a 20-minute drive from Helsinki city centre. The area suits both students and families. Espoo's continued population growth and high employment create ongoing demand for rental housing.

Micro-location – Nöykkiö

Nöykkiö is a peaceful and desirable residential area surrounded by green forests and good services. Nature is literally next door: the shared yard area of Katajakallio borders the rocky park forest of Eestinlaakso, with paths leading to Espoo Central Park and the coast. All everyday services are within walking distance:

- Local shop and library: approx. 500 m

- Daycare and schools: several in the area (primary school approx. 300 m)

- Bus stop: approx. 100 m (right next to the building) – direct buses to Matinkylä's Iso Omena and thus to the metro station

- Lippulaiva shopping centre approx. 3.2 km

- Iso Omena shopping centre approx. 4.1 km

The area also offers excellent leisure opportunities: Nöykkiö Park's sports fields and Latokaski outdoor routes are nearby and within about a 10-minute drive there are several sports centres, beaches and running paths along Espoo's coastal route. Its location next to a popular small-house area combined with good transport links makes it ideal for tenants who value both tranquillity and practical everyday life.

Rental yield and investment case

The market rent for the property is approx. €690/month. Thus, at full market rent the apartment yields €6,648 per year after maintenance charge.

There is still company loan outstanding (calculated on 30 November 2025) of €140,150. The company loan's interest review took place on 10 October 2025, when the margin was 2.202%. The total interest rate is 3.352%.

If the apartment's sales price is €28,000 and the rent €690/month, the property provides an equity return of approx. 6.9% at the current interest level.

Why this property?

✅Like-new apartment (2023) - no renovation worries for years, modern fittings and a popular layout

✅Own plot - no ground rent or rent increases

✅Accounted-for company loan - 100% deductible for the investor

✅Location in growing Espoo - Nöykkiö's peaceful surroundings are combined with good connections to services: bus stop next to the building, schools and shops within walking distance, easy access to the metro. Proximity to nature appeals to tenants year after year.

A new property manager's certificate has been ordered and will be added to the listing as soon as it arrives.