Pre-rented investment apartment, three-room flat, Rovaniemi, 87 m2, Rovaniemi

For sale by auction: a ready-rented three-room apartment in the popular city of Rovaniemi among property investors. Annual rental income is about 1,830 euros.

Shares numbered 739-825 (3 rooms + kitchen, 87 m2) and 1101-1107 in the company Asunto Oy Rovaniemen Petäjässaaririvit (business ID 2157206-7), which entitle the holder to control apartment B3 and garage b3 at Koirakuja 10, b3, 97160 Petäjäinen

The apartment is rented on an open-ended tenancy agreement. Photos of the apartment were taken in October 2025.

The shares are debt-free.

Rent 595 €/month + water charges 64 e.

Maintenance charge for the apartment 408,90 €/month.

Garage charge 32,90 e/month

Water charge 32€/person.

Rental yield calculation:

Rent: 595 e/month

Maintenance charge + garage charge: 408,90 +32,90= 441,80

Rental income per month: 595-441,80= 153,12 e/month

Rental income per year: (153,12 x12)= 1837,44 e/year

Apartment

The apartment is two-storey. The flooring is parquet/wood plank. The walls are mainly painter's white. Some walls are wallpapered. The bathroom has painted walls and tiled lower walls. The bathroom has its own shower cabin for added comfort. The shares include a private garage.

Tenancy agreement

The tenancy agreement started on 1.5.2024. Rent 595 e/month. Rent is tied to the cost of living index. No separate fee is charged for the garage. The tenant pays for water according to the housing company’s current charge, currently 32 e/person/month. The tenant has a deposit equal to 1 month's rent. Smoking is prohibited. Keeping pets in the apartment is prohibited without written permission. The tenant pays rent on time.

Rovaniemi

Rovaniemi ranked as the best city for property investment in the Finnish Landlords' ranking. Rovaniemi’s strengths are good rental demand and a low number of vacant apartments. Rovaniemi is the Arctic capital of Lapland. Rovaniemi combines small-town atmosphere, Lapland character and international flair. Rovaniemi has 0.95 million visitors annually and a total of 1.5 million overnight stays.

In 2025, Rovaniemi had over 66,000 residents. The population has grown for 22 years in a row. On average, population growth in Rovaniemi has been about 400 residents per year. The average for the last 10 years is 422 people/year (Source: Statistics Finland).

Micro location:

The apartment is located in the middle of nature in beautiful Petäjäinen, about 30 km from Rovaniemi city centre.

Housing company

Asunto Oy Rovaniemen Petäjässaaririvit is a 18-apartment terraced house company on its own plot. The housing company was built in stages. The first buildings were completed in 1963 and the last part in 1971. The housing company’s maintenance charge is 4,7 e/m2/month. Each apartment in the company has its own garage, and in addition there are 8 extra garages, so there are 26 garages in total.

The administration of the housing company has faced challenges in previous years. The situation improved during 2026. The company held a general meeting in June 2026, where the financial statements were approved, a new maintenance charge of 4,7 e/m2/month was set, and a new board was elected. Update: The property manager changed on 27.8.2026 and the new management company is Rovaniemeläinen Kodin Isännöinti Oy.

Housing company: Asunto Oy Rovaniemen petäjässaaririvit
Address: Koirakuja 6-16, Rovaniemi
Year completed:1963-1971
Maintenance charge: 4,7 e/m2/month
Water charge: 32 e/person/month
Plot: own plot
Heating: electric heating

Energy class: not known
Roof: sheet roofing with tiles

Upcoming renovations 2026-2030

2026 Controlled drainage of rain and meltwater from around the company buildings and partial improvement of yards and access routes. Cleaning and servicing of air-to-air and air-to-water heat pumps, and necessary maintenance repairs to equipment. Condition survey of windows, inspection and maintenance of roofs, preparation of the energy certificate

2027 Flushing and condition survey of the sewer system, condition surveys of wet rooms

2028 Condition survey of electrical systems

2029 No plans

2030 No plans

Completed renovations

2025 Renovation of bathroom in Koirakuja 16 C 4, Koirakuja 10 drainage tray blocked, new heating element and intermediate floor for drip tray, Koirakuja 16 domestic hot water control not working, ordered a new 3-way valve from Ouman and replaced the leaking valve and faulty actuator, and adjusted the operation of the hot water tank, 15 ambient lamps + rental of Dinolift lift, replacement of dusk switch and electric heater in Koirakuja 16 A, moisture survey + report for Koirakuja 16 C 3,

2024 Wet room screed 20 kg + paint for Koirakuja 10 apt. 3, repair work in the basement corridor of Koirakuja 10 apt. 3, water tank replacement work in the heat distribution room of Koirakuja 16, two hot water tanks at Koirakuja 16, one was blowing fuses, electrical installation work, moisture survey + report for Koirakuja 10 C 3, survey + report for Koirakuja 16 D 4

2023 Koirakuja 10 fuse for shared heating supply burned out. Larger fuses installed.

Heat pump not working, backup heating control curve lowered; circulation pump broken, new Grundfos pump installed, water pipe shut-off for the sauna building at Koirakuja 10, shower mixer replaced in 10 A 4, washbasin tap Oras in Koirakuja 16 A 3, bath and shower tap thermostat in Koirakuja 10 A 4

Supplies washbasin IDO bracket, angle connector and

drain seals

2022 Lift door, repair of heat pump leak, repair of cooling system, hot water tank contactor, TV not visible at all, fault search and repair

2017 Felling of yard trees, construction of the Molok deep-collection waste system, termination and reconnection of electricity supply points, reduction of billing fuses

2016 Repairs to electrical, data and antenna systems

Repairs to water and sewer systems