New ready-rented studio in Espoo!, Espoo

Apartment:

The fifth-floor studio (31 m², 1 room + kitchenette) was completed in summer 2023, so all surfaces and fixtures are like new. The apartment has an open-plan kitchen with modern equipment (incl. integrated dishwasher and induction hob) combined with the living area, creating a spacious living space. The opens to peaceful views, providing extra living space year-round. The bathroom is roomy and contemporary: 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 has a total of 57 residential units in two apartment buildings. The buildings are located on an owned plot, so there is no separate ground rent charge. Heating is energy-efficient district heating (energy class B2018) and each building has an elevator. Facilities include e.g. a pleasant sauna section, laundry room and storage for outdoor equipment for residents. In addition, the company has an indoor heated parking hall. A yearly inspection has just been held and there are no significant repair needs for a long time — living in a new building is carefree without renovation worries. The company's loan financing charges have been recognised in the company accounts, making them 100% tax-deductible for the 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 innovation hubs (Keilaniemi), which continually attract new residents and maintain strong rental demand. In Espoo nature and city life combine: there are 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 the southern part of 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 long-term demand for rental housing.

Micro-location — Nöykkiö

Nöykkiö is a peaceful and sought-after residential area surrounded by green forests and good services. Nature is literally next door: the communal yard 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 bus connections to Matinkylä's Iso Omena and thus to the metro

- Lippulaiva shopping centre approx. 3.2 km

- Iso Omena shopping centre approx. 4.1 km

The area also offers excellent leisure opportunities: Nöykkiö Park sports fields and Latokaski outdoor trails are nearby and within about a 10-minute drive there are several sports centres, beaches and running paths along the Espoo coastal route. Its location adjacent to a popular small-house area combined with good transport links makes it ideal for tenants who value both tranquillity and convenient everyday life.

Rental yield and investment case

The unit is rented at €690/month. After maintenance charges the apartment thus yields €6,648 per year.

There is still company loan outstanding (calculated on 28/02/2026) €133,460.51. The company's loan interest review was on 10/10/2025, 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 estimated return on equity at the current interest level of approx. 6.9%.

Why this property?

✅Like-new apartment (2023) — no renovation worries for years, modern fittings and a popular layout

✅Owned plot — no ground rent costs or ground rent increases

✅Recognised company loan — 100% deductible for the investor

✅Location in growing Espoo — Nöykkiö's peaceful surroundings with good connections 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.