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

The apartment is currently let and the present owner handles the letting. The rental asking price is €690/month.

Apartment:

A fifth-floor studio (31 m², 1 room + kitchenette) completed in summer 2023, so all surfaces and fittings are in like-new condition. The open-plan kitchen is equipped with modern appliances (including an integrated dishwasher and induction hob) and is combined with the living area, creating a spacious living space. The glazed balcony faces a peaceful outlook and provides extra living space year-round. The bathroom is roomy and contemporary: it has underfloor heating, a shower screen and space for a washing machine.

The building:

Asunto Oy Espoon Katajakallio is a company completed in 2023 in Nöykkiö, Espoo. The company comprises 57 residential units across two apartment blocks. The buildings are located on a private plot, so there is no separate ground rent. Heating is energy-efficient district heating (energy class B, 2018) and each block has a lift. Building amenities include a pleasant sauna section, laundry room and outdoor equipment storage for residents. There is also an indoor heated parking hall. The company’s loan repayment charges have been booked in the company 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 metropolitan area, offering excellent opportunities for work, education and leisure. The city is known for its universities (Aalto University campus in Otaniemi) and innovation hubs (Keilaniemi), which continually attract new residents and support a strong rental market. In Espoo, nature and urban life combine: the city offers extensive green areas, coastal paths and several shopping centres (for example Iso Omena, the new Lippulaiva and Sello). Nöykkiö lies in southern Espoo, about a 20-minute drive from Helsinki city centre. The area appeals to both students and families. Ongoing population growth and high employment in Espoo create long-term 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 courtyard of Katajakallio borders the rocky park forest of Eestinlaakso, with paths leading to Espoo Central Park and the seafront. All everyday services are within walking distance:

- Local shop and library: approx. 500 m

- Daycare centres 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 onward to the metro station

- Lippulaiva shopping centre approx. 3.2 km

- Iso Omena shopping centre approx. 4.1 km

The area also offers excellent recreational opportunities: Nöykkiö Park’s sports fields and Latokaski outdoor trails are close by, 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 small-house area combined with good transport connections makes it ideal for tenants who value both tranquillity and convenience.

Rental yield and investment case

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

There is an outstanding company loan of €140,150 (calculated as of 30 November 2025). 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 sale price is €28,000 and the rent €690/month, the property produces 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

✅Private plot – no ground rent or rent increases for the plot

✅Bookkept company loan – 100% tax-deductible for an investor

✅Location in growing Espoo – Nöykkiö’s peaceful surroundings with good access to services: bus stop next door, schools and shops within walking distance, and quick 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.