Excellent 75 m² investment property in Noormarkku, Pori with the highest bid!, Pori

For sale by highest bid: a vacant 75 m² third-floor three-room apartment in As Oy Porin Noormarkun Palotie 3 in Noormarkku, Pori.

This bright 75 m² third-floor three-room apartment offers a functional and clear layout. The home has a spacious living room with a balcony, a separate kitchen with dining area, two generously sized bedrooms, and a tiled bathroom. Storage needs are met by bedroom wardrobes and a separate walk-in closet. Light surfaces and spacious rooms make the apartment easy to furnish and adapt.

Comparable apartments have achieved a rental 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 about €3,078.00/year, before financing costs. The property offers the opportunity for an exceptionally high rental yield and strong return on equity.

The apartment is an excellent opportunity for a property flipper, an investor seeking strong rental income, or someone renovating a home for themselves!

Costs

Maintenance charge: €5.10/m²/month
Water fee: €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 30-apartment company is located on leased land, with the lease valid until 2076. The maintenance charge is €5.10/m², including land rent.

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

Basic information

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

Year completed: 1976

Number of buildings / storeys: 1 building / 4 floors

Lift

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

Commercial premises: No

Land ownership / validity / plot area: Leasehold plot / valid until 31 December 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, roof material: Flat roof / bitumen membrane

Report on maintenance needs 2026–2030

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

• Maintenance repairs to the facade render

• Annual inspections of the roof and maintenance and repair measures as needed for any faults found

• Maintenance work on apartment windows: checking seals, checking the operation of opening restrictors and long closers, and replacing them if 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 modification works carried out in previous years

• Replacement of drains on the south side of the building 2018

• Replacement of the locking system, Iloq 2013

• Facade repairs in the area of the lift towers 2016

• Renovation of the building sauna and washing facilities 2014

• Replacement of the roofs of the top-floor balconies 2013

• Replacement of exterior doors 2013

• Replacement of precast concrete element joints 2013

• Ventilation cleaning, measurement and adjustment 2012

• Basic adjustment of heating 2012

• Replacement of windows and balcony doors 2012

• Connection to district heating 2012

• Renovation of apartment kitchens and bathrooms 1995

• Roof renovation 1995

• Replacement of lifts 1995

Location

Palotie 3 is located in the peaceful, nature-oriented environment of Noormarkku, combining smooth transport connections with excellent basic services. Noormarkku is a beautiful former municipality that was merged into Pori in 2010.

An S-Market and K-Market are right next to the property, and schools and other everyday services are also nearby. A bus stop just 100 m away and good cycling routes ensure easy mobility. The area also offers residents diverse exercise and outdoor recreation opportunities.

The centre of Pori is only about a 15-minute drive away, so jobs and services in the larger city are quickly accessible. Noormarkku is also 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 distinctive character and serves as an important tourist destination. The proximity of the ironworks makes the living environment pleasant and desirable.

The area’s future prospects are exceptionally strong, as a new TNT production plant for Forcit is currently being prepared in Noormarkku. Production at this major project, worth more than €200 million, is planned to begin in 2028. This huge investment will bring a large number of new jobs to the area.

Contact:

Sijoitusasunnot.com Group Oy

Matti Honkasalo

041 439 2489

matti.honkasalo@sijoitusasunnot.com