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

Offered: a nearly new studio flat in the nature-close Nöykkiö!

Apartment:

The fifth-floor studio (31 m², 1 room + kitchenette) was completed in summer 2023, so all surfaces and fittings are in like-new condition. The flat has an open-plan kitchen with modern appliances (incl. integrated dishwasher and induction hob) combined with the living area, creating a spacious living space. The glazed balcony opens onto 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 comprises 57 residential units in two apartment blocks. The buildings stand on an owned plot, so there is no separate ground rent charge. Heating is energy-efficient district heating (energy class B2018) and each block has a lift. The company’s amenities include a pleasant sauna area, a laundry room and outdoor equipment storage for residents. In addition, there is a heated parking hall. The company has just held its annual inspection and there are no significant repair needs for a long time — living in a new building is worry-free without renovation concerns. The housing company loan repayments have been recorded in the company accounts, which makes them 100% tax-deductible for an investor.

Espoo - Finland’s technology centre

Espoo is a growing technology and business hub in the Helsinki metropolitan area, offering excellent conditions for work, education and leisure. The city is known for its higher education institutions (Aalto University campus in Otaniemi) and its innovation hubs (Keilaniemi), which continuously attract new residents and support a strong rental market. In Espoo, nature and city life combine: the city offers large green areas, coastal scenery along the Rantaraitti 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 central Helsinki. The area suits both students and families. Espoo’s continued population growth and high employment create demand for rental housing in the future as well.

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 shared courtyard of Katajakallio borders the rocky park forest of Eestinlaakso, from which paths lead all the way to Espoo’s Central Park and the seafront. All basic 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 station

- Shopping centre Lippulaiva approx. 3.2 km

- Shopping centre Iso Omena approx. 4.1 km

The area also has excellent recreational opportunities: Nöykkiö Park’s sports fields and Latokaski outdoor trails are nearby and within about a 10‑minute drive you’ll find several gyms, beaches and running routes along Espoo’s coastal path. Its location next to a popular low-rise neighbourhood combined with good transport connections makes it an ideal environment for tenants who value both tranquillity and convenient daily life.

Rental income and investment case

The property is rented at €690/month. After the service charge, the flat yields €6,648 per year.

There is still a company loan outstanding (calculated on 30/06/2026) of €131,525.81. The loan’s rate review took place 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 would generate approximately a 6.9% return on equity at the current interest level.

Why this property?

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

✅Owned plot – no ground rent or rent increases

✅Recorded company loan – 100% deductible for an investor

✅Location in growing Espoo – Nöykkiö’s peaceful surroundings combined with good access to services: bus stop next to the building, schools and shops within walking distance, quick access to the metro. Proximity to nature appeals to tenants year after year.