Detached house plot in Kaarela's Kuninkaantammi, plot 33412/4, Pitkäkoskentie 7, area 375 m², building right 160 m², Helsinki

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

The city reserves the right to accept or reject bids made in the price competition.

The bid is made on 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 average cost-of-living index of the previous year.

Once the plot has been built to a condition approved for commissioning 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 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 under the zoning plan, which formed the basis of the bid, is exceeded. The tenant applies for the building permit on the basis of the lessor's leasing decision, which is valid for one year.

The lease includes an index review for the first time 20 years after the start of the long-term land lease. After that, further index reviews are carried out at 10- or 20-year intervals, according to the tenant's choice. In the index reviews, the rent is compared with the housing price index in the Helsinki metropolitan area when determining the rent level.

A reservation fee of €5,000 must be paid for the plot. After payment of the reservation fee, a leasing decision is made for the plot, allowing the tenant to apply for a building permit. The reservation fee is credited against the rent under the long-term land lease if the long-term lease is realised. Otherwise, the reservation fee will not be refunded.

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