Detached house plot in Kaarelan Kuninkaantammi, plot 33322/6, Pitkäkoskenkuja 4, area 434 m², building rights 160 m², Helsinki

The City of Helsinki is renting out seven (7) detached house plots in the Pitkäkoski area of Kuninkaantammi, in district 33 (Kaarela), to the bidder with the highest accepted price offer through an open tender. Each plot has its own auction item, where bids are submitted. Bids may be made for each plot.

The city has the right to accept or reject the offers made in the price competition.

The bid is made for the total price of the plot. The initial annual rent is 3.5% of the offered plot price. After the initial annual rent, the plot rent is tied to the annual average cost-of-living index of the previous year.

Once the plot has been built to a completion state approved for use by building control, the tenant may, for five years from the start of the land lease, choose to buy the plot. The long-term lease agreement for the plot is made when a building permit has been granted for the plot. The offered price, and the rent based on it, will be increased if the floor area in the detailed plan on which the bid is based is exceeded. The tenant applies for the building permit using the landlord’s leasing decision, which is valid for one year.

The lease includes an equality adjustment for the first time 20 years after the start of the long-term land lease. After that, further equality adjustments are made every 10 or 20 years, depending on the tenant’s choice. In the adjustments, the rent is compared with the Helsinki Metropolitan Area housing price index when determining the rent level.

A reservation fee of EUR 5,000 must be paid for the plot. After the reservation fee has been paid, a lease decision is made for the plot, allowing the tenant to apply for a building permit. The reservation fee will be credited against the rent for the long-term land lease if the long-term lease is completed. Otherwise, the reservation fee is non-refundable.

More detailed instructions can be found in the attached price competition brochure.