Great 75 m² investment property in Noormarkku, Pori, at the highest bid!, Pori

For sale at the highest bid is a 75 m², immediately available first-floor three-room apartment located in Noormarkku, Pori, in As Oy Porin Noormarkun Palotie 3.

The apartment has bright, light surfaces and a functional, clear layout. It features a spacious living room with a balcony, a separate kitchen with dining area, two generously sized bedrooms and a tiled bathroom. For storage, there are wardrobes in the bedrooms as well as a separate walk-in wardrobe.

Comparable apartments have achieved a rent level of €639.00/month. With a maintenance charge of €382.50/month, the property already leaves a strong cash flow of €256.50/month, or around €3,078.00/year, before financing costs. It is possible to secure an exceptionally high rental yield and a strong return on equity with this property.

The apartment offers an excellent opportunity for a flipper, an investor seeking strong rental returns, or someone renovating it for their own home!

Costs

Maintenance charge: €5.10/m²/month
Water charge: €29.00/person/month
Parking space fee: €15.00/space/month
Sauna fee: €15.00/session/month

Housing company

Asunto Oy Porin Noormarkun Palotie 3 is a housing company built in 1976. The company has 30 apartments and is located on a leased plot, with the lease running until 2076. The maintenance charge is €5.10/m² and includes the land rent.

The apartment mix is diverse. The company has studios of 31.5 m², one-bedroom apartments of 56.5–58.0 m² and three-room apartments of 75.0 m².

Basic details

Palotie 3, 29600 Pori
Property ID: 609–458–7–86

Completion year: 1976

Number of buildings / storeys: 1 building / 4 storeys

Lift

Floor area / number of apartments: 1,626.5 m² / 30 apartments

Commercial premises: No

Land ownership / term / plot area: Leased plot / valid until 31.12.2076 / 3,300 m²

Heating / heat distribution: District heating / water-circulated radiators

Ventilation: Mechanical extract ventilation

Building frame: Concrete frame

Facade: Washed concrete

Ground floor / intermediate floor: Concrete structure

Roof type, roofing material: Flat roof / bitumen membrane

Assessment of maintenance needs 2026-2030

• Recommendation for the board to assess the profitability of water-saving fixtures

• Maintenance repairs to the façade render

• Annual inspections of the roof and any necessary maintenance and repair measures for observed defects

• Maintenance of apartment windows: inspection of seals, checking the operation of stay-open devices and long closers, and replacement where necessary

• The need and schedule for renovation of the domestic water system should be assessed during the review period based on its technical condition

  
  

Maintenance and renovation work carried out in previous years

• Replacement of drainage systems on the south side of the building in 2018

• Replacement of the locking system, Iloq, 2013

• Façade repairs in the lift tower area in 2016

• Renovation of the building sauna and washing facilities in 2014

• Replacement of the roofs of the top balconies in 2013

• Replacement of external doors in 2013

• Replacement of element joints in 2013

• Cleaning, measuring and adjustment of ventilation in 2012

• Basic adjustment of heating in 2012

• Replacement of windows and balcony doors in 2012

• Connection to district heating in 2012

• Renovation of apartment kitchens and bathrooms in 1995

• Roof renovation in 1995

• Lift replacement in 1995

Location

Palotie 3 is located in the peaceful, nature-rich surroundings of Noormarkku, combining easy transport connections with excellent everyday services. Noormarkku is a beautiful former municipality that was merged with Pori in 2010.

S-Market and K-Market are right next to the property, and schools and other daily services are also nearby. A bus stop only 100 metres away, together with good cycling routes, ensures easy mobility. The area also offers residents varied opportunities for sports and outdoor recreation.

It takes only about 15 minutes to drive from the property to Pori city centre, so jobs and services in the larger city are quickly accessible. Noormarkku itself is known for the historic and impressive Ahlström ironworks area, located right next to Palotie 3. This valued cultural environment, with Villa Mairea and the Sawmill Museum, gives the area a recognisable character and serves as an important tourist destination. The proximity to the ironworks makes the living environment pleasant and desirable.

The outlook for the area is exceptionally strong, as construction is currently being prepared in Noormarkku for Forcit's new TNT production plant. This major project, worth more than €200 million, is scheduled to begin production in 2028. The huge investment will bring many new jobs to the area.

Contacts:

Sijoitusasunnot.com Group Oy

Matti Honkasalo

041 439 2489

matti.honkasalo@sijoitusasunnot.com