Detached house plot in Kaarelan Kuninkaantammi, plot 33412/1, Pitkäkoskentie 1, area 403 m², building rights 160 k-m², Helsinki

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

The City has the right to accept or reject the offers made in the tender.

The offer 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 linked to the annual index of cost of living for the previous year.

Once the plot has been built to a condition approved for occupation by building control, the tenant may, within five years from the start of the land lease, purchase the plot for themselves if they wish. The long-term lease for the plot is made once 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 according to the detailed plan used as the basis for the offer is exceeded. The tenant applies for a building permit with the lessor’s leasing decision, which is valid for one year.

The lease includes a level review for the first time 20 years after the start of the long-term land lease. After that, further level reviews are carried out at 10- or 20-year intervals, according to the tenant’s choice. In the level reviews, 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 leasing decision will be 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 will not be refunded.

More detailed instructions can be found in the attached Price Tender Brochure.