Rented renovated three-room flat next to Oulu's future university + OSAO investment €112 million!, Oulu

The flat is rented under a lease valid until further notice. The rent is €795/month + water. The flat is rented out by our operator as furnished accommodation.

On 25 November 2025, the Board of the University of Oulu decided to build an entirely new university campus in Kontinkangas. The University of Oulu will move gradually from Linnanmaa to the new unified campus in Kontinkangas. Construction is estimated to begin in 2027. This will significantly increase the property's value and rental demand.

In addition, OSAO is building a new campus at Kotkantie 1, 90250 Oulu. The project costs are around €112.2 million. The project and campus are estimated to be completed during 2030 and it is OSAO's largest investment in history; read more on OSAO's website. The new campus will be located 1.4 km from this apartment for sale.

Together, these two projects will ensure a very high occupancy rate and strong rents both during construction and later through students.

An auction for a renovated apartment on the 1st floor of a lift building in Kontinkangas, Oulu (not at street level).

Shares nos. 80-155 in Asunto Oy Oulun Sairaalanrinteen Lääkäri (business ID 3012024-9) (3 rooms + kitchen, 76 m2), which entitle the holder to control the apartment at Sairaalanrinne 4 H A2, 90220 Oulu.

The apartment is sold vacant immediately for the buyer's own use or as an investment. The apartment has been used for renting and has just become vacant from the current tenant.

A major renovation was carried out in the apartment by the insurance company from 10/2023 to 01/2024.

The flooring throughout the apartment has been replaced, and the old vinyl mat surfaces were also removed at the same time (so the indoor air is fresh). The bathroom was also renovated with a mat finish at the same time.

Good location, less than 3 km from Oulu city centre. Oulu University Hospital and a 24-hour shop are nearby, Kastelli multi-purpose building is across the road (including a school and daycare centre), and the social and healthcare units of the university of applied sciences and vocational college are about 1 km away. The fact that new-build properties have also been constructed in the same courtyard says something about the location.

The maintenance charge for the apartment is €304/month.

Plot rent charge €288.04/month (the housing company is located on a plot owned by Ålandsbanken's land fund).

Cable TV €0.20/month.

Broadband €2.00/month.

Water charge €22/person.

Renovation charge €76/month for future renovations. No renovations have been decided.

The apartment is debt-free and has no payment arrears.

The housing company was completed in 1974.

District heating.

Property maintenance is handled by a maintenance company.

Property management: Kiinteistötahkola, Aleksi Lepistö