New ready-to-let studio in Espoo at a low asking price!, Espoo

A near-new studio in green Nöykkiö is on offer!

The apartment:

This fifth-floor studio (31 m2, 1 room + kitchenette) was completed in summer 2023, so all surfaces and fittings are in as-new condition. The apartment has an open-plan kitchen with modern equipment (including an integrated dishwasher and induction hob) combined with the living room, creating a spacious living area. The glazed balcony opens to peaceful views, offering extra space for year-round use. The bathroom is spacious and modern: it has underfloor heating, a shower screen and space for a washing machine.

The housing company:

Asunto Oy Espoon Katajakallio is a company completed in 2023 in Nöykkiö, Espoo. The company has a total of 57 residential apartments in two apartment buildings. The buildings are located on a site owned by the company, so there is no separate land lease charge. Heating is energy-efficient district heating (energy class B2018), and each building has a lift. The housing company's amenities include a pleasant sauna area, laundry room and outdoor equipment storage for residents. In addition, the company has a warm parking garage. The annual inspection has just been carried out, and there are no significant repair needs for a long time - living in a new building is carefree and free from renovation worries. The financing charges of the housing company loan have been booked as income in the company's accounts, making them 100% tax-deductible for an investor.

Espoo - Finland's technology centre

Espoo is a growing technology and business hub in the Helsinki metropolitan area, offering excellent conditions for work, education and leisure. The city is known for its universities (the Aalto University campus in Otaniemi) and its innovation hub (Keilaniemi in Espoo), which continuously attracts new residents and supports a strong rental market. In Espoo, nature and city life combine: the city has extensive green areas, seaside scenery along the coastal route, and several shopping centres (e.g. Iso Omena, the new Lippulaiva and Sello). Nöykkiö is located in southern Espoo, about a 20-minute drive from central Helsinki. The area is popular with both students and families. Espoo's continued population growth and high employment rate create demand for rental homes also in the future.

Micro-location - Nöykkiö

Nöykkiö is a peaceful and sought-after residential area surrounded by green forests and good services. Nature is literally next door: the shared yard area of Katajakallio borders the rocky park forest of Eestinlaakso, from which paths lead all the way to Espoo Central Park and the seafront. Everyday services are within walking distance in the nearby area:

-Local shop and library: approx. 500 m

-Daycare centres and schools: several in the area (primary school approx. 300 m)

-Bus stop: approx. 100 m (right next to the building) - direct bus connections to Iso Omena in Matinkylä and therefore to the metro station

-Lippulaiva shopping centre approx. 3.2 km

-Iso Omena shopping centre approx. 4.1 km

The area also offers excellent sports and leisure opportunities: Nöykkiönpuisto sports fields and Latokaski outdoor routes are nearby, and within about a 10-minute drive there are several sports centres, beaches and the running trails along Espoo's coastal route. The location next to a popular detached-house area, combined with good transport connections, makes it an ideal environment for tenants who value both peace and quiet and smooth everyday living.

Rental yield and investment case

The property is rented at €690/month. After the maintenance charge, the apartment therefore generates €6,648 per year.

The housing company's loan balance remaining (calculated as of 30 June 2026) is €131,525.81. The loan interest review date was 10 October 2025, when the margin was 2.202%. The total interest rate is 3.352%.

If the asking price is €28,000 and the rent is €690/month, the property yields an equity return of approx. 6.9% at the current interest rate.

Why this property?

✅Near-new apartment (2023) - no renovation worries for years, modern fittings and a popular layout

✅Own plot - no land lease costs or rent increases

✅Booked housing company loan - 100% deductible for the investor

✅Location in growing Espoo - the peaceful surroundings of Nöykkiö combined with good connections to services: bus stop next door, schools and shops within walking distance, metro connection quickly reachable. The proximity to nature appeals to tenants year after year.