Newly tenanted studio in Espoo — low asking price!, Espoo

Offering a nearly-new studio close to nature in Nöykkiö!

Apartment:

The fifth-floor studio (31 m², studio with kitchenette) was completed in summer 2023, so all surfaces and fittings are like new. The open-plan kitchen is fitted with modern appliances (including an integrated dishwasher and an induction hob) and connects to the living area, creating a spacious feel. The glazed balcony opens to peaceful views 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.

Housing company:

Asunto Oy Espoon Katajakallio is a housing company completed in 2023 in Nöykkiö, Espoo. The company comprises 57 residential units in two apartment blocks. The buildings are located on an owned plot, so there is no separate ground rent. Heating is efficient district heating (energy class B2018) and each block has a lift. Facilities include a pleasant sauna section, a laundry room and outdoor equipment storage for residents. The company also has a heated parking hall. A recent annual inspection has been held and there are no major repair needs anticipated — living in a new building is worry‑free without renovation concerns. The company loan repayments have been recorded as income in the company accounts, making them 100% tax‑deductible for an investor.

Espoo — Finland’s technology centre

Espoo is a growing technology and business hub 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 continuously attract new residents and support a strong rental market. Espoo combines nature and urban life: there are extensive green areas, coastal routes 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 ongoing population growth and high employment create sustained demand for rental housing.

Micro-location — Nöykkiö

Nöykkiö is a quiet and sought‑after residential area surrounded by green forests and good services. Nature is literally on your doorstep: the shared courtyard of Katajakallio borders the rocky Eestinlaakso park forest, with trails leading to Espoo Central Park and the seafront. All everyday services are within walking distance:

- Local shop and library: approx. 500 m

- Day‑care centres and schools: several in the area (primary school approx. 300 m)

- Bus stop: approx. 100 m (right next to the building) — direct bus connections to Matinkylä’s Iso Omena and the metro

- Lippulaiva shopping centre: approx. 3.2 km

- Iso Omena shopping centre: approx. 4.1 km

There are also excellent recreational opportunities nearby: Nöykkiö Park’s sports fields and Latokaski’s outdoor routes are close, and within a c. 10‑minute drive you’ll find several sports centres, beaches and coastal jogging trails. Its location next to a popular low‑rise neighbourhood combined with good transport links makes it an ideal environment for tenants who value both tranquillity and convenience.

Rental income and investment case

The property is rented for €690/month. After the service charge the apartment yields €6,648 per year.

As of 28 February 2026 the outstanding housing company loan is €133,460.51. The loan’s interest margin was adjusted on 10 October 2025 to 2.202%. The total interest rate is 3.352%.

If the apartment’s sale price is €28,000 and the rent is €690/month, the property produces a return on equity of approximately 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

✅Owned plot — no ground rent or increases

✅Recorded company loan — 100% deductible for investors

✅Location in growing Espoo — Nöykkiö’s peaceful surroundings combined with good connections to services: bus stop next to the building, schools and shops within walking distance and quick access to the metro. The area’s closeness to nature appeals to tenants year after year.