New, ready-rented low-price studio in Espoo!, Espoo

Offering a nearly new studio from nature-close Nöykkiö!

Apartment:

The fifth-floor studio (31 m², 1 room + kitchenette) was completed in summer 2023, so all surfaces and fixtures are in like-new condition. The flat has an open-plan kitchen with modern appliances (including an integrated dishwasher and an induction hob) combined with the living room, creating a spacious living area. Glazed balcony opens to peaceful views, offering extra living space year-round. The bathroom is roomy and modern: it has 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 on their own plot, so there is no separate plot rent charge. Heating is energy-efficient district heating (energy class B2018) and each block has a lift. The company’s amenities include a cosy sauna area, laundry room and outdoor equipment storage for residents. There is also an underground car park. The company has just held its annual inspection and no significant repairs are expected for a long time – living in a new building is carefree with no renovation worries. The company loan financing charges have been booked in the company accounts, making them 100% tax-deductible for an investor.

Espoo - Finland's tech hub

Espoo is a growing technology and corporate centre in the Helsinki metropolitan area, 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 support a strong rental market. In Espoo, nature and city life combine: the city has large green areas, seaside views 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 steady population growth and high employment create ongoing demand for rental housing.

Local 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 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 recreational opportunities: Nöykkiö Park's sports fields and Latokaski outdoor routes are nearby, and within about a 10-minute drive there are several sports centres, beaches and coastal route running trails. Its location next to a popular small-house area combined with good transport connections makes it ideal for tenants who value both peaceful nature and convenient everyday life.

Rental yield and investment case

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

There is still company loan outstanding (calculated on 28 February 2026) of €133,460.51. The loan margin was reviewed 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 return on equity at the current interest level is approx. 6.9%.

Why this property?

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

✅Own plot - no plot rent or rent increases

✅Company loan recognised - 100% deductible for an investor

✅Location in growing Espoo - Nöykkiö's peaceful surroundings combined with good access to services: bus stop next door, schools and shops within walking distance, quick access to the metro. The nature appeal attracts tenants year after year.