To the highest bidder — new studio, low sale price + own plot!, Espoo

Apartment:

The 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) combined with the living area, creating a spacious living space. The glazed balcony opens to a peaceful view, offering extra living space all 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 company completed in 2023 in Nöykkiö, Espoo. The company comprises 57 residential units in two apartment buildings. The buildings stand on an own plot, so there is no separate ground rent charge. Heating is efficient district heating (energy class B2018) and each block has a lift. Facilities include a pleasant sauna area, a laundry room and outdoor equipment storage for residents. The company also has an indoor heated parking hall. A recent annual inspection was just 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 company loan has been recognised in the company accounts, which makes it 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 (Aalto University campus in Otaniemi) and its innovation hubs (Keilaniemi), which continually attract new residents and support a strong rental market. In Espoo, nature and city life combine: the city has extensive green areas, coastal scenery along the coastal route 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 properties.

Micro-location — Nöykkiö

Nöykkiö is a quiet, sought-after residential area surrounded by green forests and good services. Nature is literally next door: the communal yard of Katajakallio residents borders the rocky Eestinlaakso park forest, with paths leading to Espoo Central Park and the seaside. 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 the metro

- Lippulaiva shopping centre approx. 3.2 km

- Iso Omena shopping centre approx. 4.1 km

The area also offers excellent recreational options: Nöykkiöpark sports fields and Latokaski outdoor routes are nearby, and within about a 10-minute drive there are several sports centres, beaches and running routes along Espoo's coastal path. Its location next to a popular low-rise neighbourhood combined with good transport links makes it ideal for tenants who value both peace and easy daily routines.

Rental yield and investment case

The market rent for the property is approx. €690/month. At full market rent, the apartment yields €6,648 per year after service charges.

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

If the sale price is €28,000 and the rent €690/month, the property gives 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 ground-rent increases

✅Recognised company loan — 100% deductible for investors

✅Location in growing Espoo — Nöykkiö's peaceful surroundings plus good access to services: bus stop next to the building, schools and shops within walking distance, quick access to the metro. The 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.