Modern one-bedroom apartment on its own plot in a prime location!, Rovaniemi

For sale in the Rantavitikka area: a relatively new, owner-plot apartment currently let, plus a parking space! The location is excellent — the university is about 600 m away and the nearest shop is only a few hundred metres from the property.

Rovaniemi:

Rovaniemi is the capital of Lapland and a gateway to northern nature, combining urban life and Arctic nature in a unique way. The city is known as the official home town of Santa Claus and for its lively tourism. Rovaniemi continues to grow and has passed the 65,000 resident mark. In terms of attractiveness for movers, Rovaniemi is approaching the top ten most attractive cities in Finland. Growth has continued for 22 consecutive years.
Rovaniemi is also a significant education city, with about 8,000 higher education students at the University of Lapland and Lapland UAS. There are also upper secondary vocational institutions in the city, such as Lapland Vocational College and the Lapland Sports Institute.

Location:

Rantavitikka lies south of the city centre and hosts the main campuses of both the University of Lapland and Lapland UAS. The area has grocery stores and restaurants, and the city centre and railway station are easily reachable. The neighbourhood includes both apartment buildings and detached houses, and the banks of the Kemijoki river offer excellent outdoor opportunities. The nearest shop is a few hundred metres from the building and the university is about 600 m away.

The building:

Rovaniemen Kinos 2 was completed in 2021 and is constructed of concrete. The pitched roof is covered with bitumen felt, and the façade combines fibre‑cement panels and timber cladding. The four-storey building with a lift contains 69 apartments. All flats have either a French balcony or a balcony (this flat has a balcony). Heating is by energy-efficient district heating. The building stands on its own plot. The housing company has 33 parking spaces sold as separate shares.

The flat:

For sale is a let, well-maintained 36 m² one‑bedroom flat (2 rooms + kitchenette + balcony) on the third floor of the four-storey building. The layout is practical and the fittings are modern. The kitchen has a 4-ring induction hob, extractor hood, combination oven, integrated dishwasher and an integrated fridge with a separate freezer compartment. The bathroom is tiled and the dry areas are painted. Floors are laminate. The flat is completed by its own balcony, adding space and comfort.

As an investor you benefit from booked housing company loan and favourable loan terms. The housing company loan attributable to the flat is €95,469.31 as at 31/12/2025.

Parking space:

Shares entitling to the control of a parking space with a heating socket are sold with the flat for €3,500. The parking space is sold in a separate transaction and is not included in the auction price. There is no debt attached to the parking space. The parking space is rented to the flat’s tenant at €30/month and its charge is €13.13/month.

Rental income:

The flat is let on a lease of indefinite duration. The lease began on 28/04/2023 and relations with the tenant have been good. Rent is €692 (+ parking €30/month) + usage fees (water €20). The housing company’s maintenance charge is modest, only €4.20/m². The flat’s maintenance charge is €151.20/month, the financing charge €572.70/month and the media charge €2.00. The parking charge is €13.13/month. The financing charge also includes the repayment portion.

Why this property?

✅ Rovaniemi’s growing appeal and developing urban structure make the area attractive for the future.

✅ Services and transport connections are nearby, supporting good rentalability.

✅ The sale price is favourable thanks to the housing company loan.