Ready-rented investment three-room apartment, Rovaniemi, 87 m², Rovaniemi

An auction sale of a ready-rented, well-maintained three-room apartment in the popular investor city of Rovaniemi.

Shares nos. 739–825 of the company Asunto Oy Rovaniemen petäjässaaririvit (Business ID 2157206-7) (3 rooms + kitchen, 87 m²), which entitle the holder to possession of apartment B1 at Koirakuja 10, b1, 97160 Petäjäinen.

The flat is let under an open-ended tenancy agreement. The photos were taken in October 2025.

The share is debt-free.

Rent €640/month + water charges €64/month.

Service charge for the flat €435/month.

Renovation charge €174/month

Water charge €32/person.

The flat

The flat is split over two floors. The flooring is light laminate. One room appears to have plank flooring. The walls are white. The bathroom has a bathtub. The share includes its own garage.

Tenancy agreement

The tenancy began on 1 December 2025. The rent is linked to the cost-of-living index. The tenant has a deposit equal to one month’s rent. Smoking is prohibited. Keeping pets in the flat is prohibited without written permission.

Rovaniemi

Rovaniemi was ranked the best city for property investment in the Finnish Tenants’ Association ranking. Rovaniemi’s advantage is good lettability and a low number of vacant flats. Rovaniemi is the Arctic capital in Lapland. It combines a small-town atmosphere, Lappish character and internationality. Rovaniemi receives about 0.95 million visitors annually and a total of 1.5 million overnight stays. In 2024 Rovaniemi had over 65,000 inhabitants. The population has grown for 21 consecutive years.

Micro-location:

The flat is located in the midst of nature in the attractive Petäjäinen area, about 30 km from Rovaniemi city centre.

Housing company

Asunto Oy Rovaniemen petäjässaaririvit is a terraced housing company on its own plot with 18 flats. The company was completed in stages. The first buildings were completed in 1963 and the last part in 1971. The company’s service charge is €5/m²/month. In addition a renovation charge of €2/m²/month is collected, i.e. a total charge of €7/m²/month. Apartments include their own garages, which are part of the share series.

The company’s financial situation is unclear. There are problems with the company’s administration and financial management. The general meeting was last held in 2022. The company’s 2023 and 2024 financial statements are attached, but they have not been audited. The buyer must independently examine the company’s financial position. The 2023 and 2024 financial statements are attached to the sales material.

According to the most recent financial statement (2024) the company has no debt. On 31 December 2024 there was €6,000 in the company’s account. In addition, at the end of 2024 the company had receivables from charges of €49,224.24. The seller has no information on the status of these receivables. Apartments Koirakuja 6 apt 3 and Koirakuja 16 apt 6 have been taken into the company’s possession.

There are no significant renovations planned in the company.

Housing company: Asunto Oy Rovaniemen petäjässaaririvit
Address: Koirakuja 6–16, Rovaniemi
Construction years: 1963–1971
Service charge: €5/m²/month

Renovation charge: €2/m²/month
Water charge: €32/person/month
Sauna charge: €15/sauna shift/month
Plot: own plot
Heating: electric heating

Energy rating: unknown
Roof: quarter-roof with tiles

Planned renovations 2025–2029

unknown

Completed renovations

2016 Sauna and laundry facilities repair

2016–2017 HVAC system repairs

2016–2017 heating system repairs

2016–2017 water and sewer system repairs

2016–2017 electrical, IT and antenna system repairs

2017 removal of yard trees

2017 construction of Molok deep waste collection systems

2017 disconnection and reconnection of electrical service points

2017 reduction of billing fuses