Rental yield €2,280/yr — up to 32%, rented studio with a balcony close to local amenities!, Kiuruvesi

For sale: a tidy 29 m² studio with balcony (1 room + kitchenette), apartment A28 (share numbers 16864–17412) in the housing company Asunto Oy Kiuruveden Asematie 8 (business ID: 0170884-4). The apartment address is Asematie 26 A 28, 74700 Kiuruvesi. The building has a total of 40 apartments; there are no commercial premises as an encumbrance.

The apartment is close to Kiuruvesi services — K-Supermarket Kiuruvesi is just over 600 m away and Kiuruvesi Upper Secondary School is about 300 m away. The property is in good condition and was completely renovated in the early 2000s. A new fridge‑freezer will be purchased at the beginning of April and is included in this sale.

The apartment is rented to a reliable tenant and is sold tenanted (the lease transfers with the sale). Rent is €335/month + water €26/person/month + electricity advance €25/person/month, so no separate electricity contract is required. The housing company offers a rentable parking space for €7/month and a sauna fee of €7/month.

The apartment is sold free of debt and without any outstanding charge liabilities. The monthly maintenance charge is €136.30, which enables very inexpensive ownership and an excellent rental yield. In addition a repair reserve charge of €8.70/month is collected.

The apartment's rental yield (even after the repair charge) is an impressive €335/month − €136.30/month − €8.70/month = €190/month, i.e. €2,280/year. With a single successful bid of €7,000, the yield would be an amazing 32.09%. With a €10,000 sale price the yield would still be very high at 22.46%.

I will update the property manager's certificate as soon as I receive the updated version.

This is an opportunity worth seizing.