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

Offered: a near-new studio in nature-close Nöykkiö!

The apartment:

The fifth-floor studio (31 m², 1 room + kitchenette) was completed in summer 2023, so all surfaces and fittings are like new. The apartment has an open-plan kitchen with modern appliances (including an integrated dishwasher and induction hob) combined with the living area, creating a spacious living space. The glazed balcony opens onto peaceful views and provides extra living space year-round. The bathroom is roomy and modern with underfloor heating, a shower screen and space for a washing machine.

The housing company:

Asunto Oy Espoon Katajakallio is a 2023-built company in Espoo's Nöykkiö. 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 rent charge. Heating is energy-efficient district heating (energy class B2018) and each block has a lift. Facilities include a pleasant sauna section, laundry room and outdoor equipment storage for residents. The company also has a heated parking hall. A recent annual inspection found no significant repair needs — living in a new building is worry-free without renovation concerns. The company's loan financing charges have been recognised in the accounts, making them 100% tax-deductible for an 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 support a strong rental market. In Espoo, nature and city life combine: the city has large green areas, coastal routes and several shopping centres (e.g. Iso Omena, the new Lippulaiva and Sello). Nöykkiö is in southern 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 continued demand for rental properties.

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's central park and the seafront. Basic everyday services are within walking distance:

- Local shop and library: c. 500 m

- Daycare centres and schools: several in the area (primary school c. 300 m)

- Bus stop: c. 100 m (right next to the building) – direct bus connections to Matinkylä's Iso Omena and the metro

- Lippulaiva shopping centre c. 3.2 km

- Iso Omena shopping centre c. 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 coastal running paths. The location next to a popular small-house area combined with good transport links makes it ideal for tenants who value both tranquillity and convenience.

Rental yield and investment case

The property is rented at €690/month. The apartment therefore yields €6,648 per year after maintenance charges.

Outstanding company loan (as at 28 February 2026) is €133,460.51. The company's loan interest review was on 10 October 2025, when the margin was 2.202%. Total interest is 3.352%.

If the asking price is €28,000 and the rent €690/month, the property gives an approximate return on equity of c. 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 rent costs or increases

✅Recognised company loan - 100% deductible for an investor

✅Location in growing Espoo - Nöykkiö's peaceful environment with good access to services: bus stop next to the building, schools and shops within walking distance, easy metro access. Proximity to nature appeals to tenants year after year.