New, already rented low-priced studio in Espoo!, Espoo

Offering a relatively new studio in the nature-close Nöykkiö!

Apartment:

The fifth-floor studio (31 m², studio with kitchenette) was completed in summer 2023, so all surfaces and fixtures are like new. The apartment has an open-plan kitchenette with modern equipment (incl. an integrated dishwasher and an induction hob) combined with the living area, creating a spacious living space. The glazed balcony opens to peaceful views and provides extra living space year-round. The bathroom is spacious and modern: 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 blocks. The buildings are located on their own plot, so there is no separate ground lease charge. Heating is energy-efficient district heating (energy class B2018) and each block has a lift. The building’s amenities include, among others, a pleasant sauna section, a laundry room and outdoor equipment storage for residents. In addition, the company has a heated parking hall. A yearly inspection has just been carried out and there are no significant repair needs for the foreseeable future — living in this new building is carefree without renovation worries. The company’s loan financing charges have been booked in the company accounts, making them 100% tax-deductible for the 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 continually attract new residents and support a strong rental market. In Espoo, nature and urban life combine: there are large green areas, coastal routes and several shopping centres (e.g. Iso Omena, the new Lippulaiva and Sello). Nöykkiö is in the southern part of Espoo, about a 20-minute drive from Helsinki city centre. The area suits students and families alike. Espoo’s continued population growth and high employment create demand for rental housing also in the future.

Microlocation — Nöykkiö

Nöykkiö is a peaceful and sought-after residential area surrounded by green forests and good services. Nature is literally next door: the shared yard of Katajakallio residents borders the rocky Eestinlaakso park forest, with paths that lead to Espoo Central Park and the coastline. 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 links to Matinkylä’s Iso Omena and thus to the metro

- Shopping centre Lippulaiva approx. 3.2 km

- Shopping centre Iso Omena 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 gyms, beaches and the Espoo coastal trail running routes. Its location next to a popular low-rise area with good transport connections makes it an ideal environment for tenants who appreciate 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 €6,648 per year.

Outstanding housing company loan (calculated on 28 February 2026): €133,460.51. The company loan interest review was 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 property yields an approximate return on equity of 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

✅ Own plot — no ground lease costs or increases

✅ Company loan booked — 100% deductible for the 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, metro access quickly reachable. The proximity to nature attracts tenants year after year.