Fully renovated three-room apartment in Etelä-Haaga below the agent's estimate (€335k) – own plot, ground source heat, pipe renovations done, Helsinki

A fully renovated three-room apartment in the sought-after South Haaga is sold tenanted. Debt-free starting price is €50,000 below the valuation report!

Apartment:
A bright and exceptionally functional 55 m² three-room apartment (3 rooms + kitchen + bathroom + glazed balcony) is sold tenanted at Kauppalantie 25 B 17, South Haaga. The apartment is located on the 2nd floor and was fully renovated in 2025. The apartment is in good condition and already rented.

The layout is efficient and practical: two genuine separate bedrooms, a spacious living room and a separate kitchen. The space has been used very efficiently and the apartment feels clearly larger than its size. The kitchen has been completely renewed and fitted out in a modern way: induction hob, dishwasher, fridge-freezer and extractor hood. The walls have been painted, the floors have light laminate and the ceilings have been painted, so the surfaces are new throughout the apartment. The bathroom was renewed during the housing company’s pipe renovation in 2019 and has underfloor heating. Tiled walls, tiled floor, shower enclosure, washing machine connection, mirror cabinet and washbasin cabinet.

The living room has access to a glazed balcony overlooking the peaceful inner courtyard to the east. The views face the inner courtyard to the north and east, so street noise and views remain on the other side of the building.

Housing company:
Asunto Oy Kauppalantie 25 is a brick apartment building completed in 1964, with 18 residential apartments and two commercial premises. The building is among the best of its era: a white façade, clear ribbon windows and glazed balconies give it a timeless, restrained look. The housing company has its own plot (2,097 m²). Major renovations have been completed. In 2019 a major pipe renovation and refurbishment programme was carried out: renewal of water and sewer pipes (lining of main drains), renovation of bathrooms with underfloor heating, plumbing fixtures, line control and radiator valves, electrical renovation including data cabling, ventilation unit renewal, smoke extraction hatches, renovation of the housing company sauna, renewal of the locking system, and refurbishment of the yard, parking area and garages. The housing company switched to geothermal heating in 2025 and the project is already complete. No major projects have been decided for the future. The maintenance needs report lists mainly condition assessments and maintenance-type work for the coming years. The housing company’s finances are sound: the operating margin for the 2025 financial year was +€22,457 and €28,359 of operating surplus was carried forward to the next financial year.

Micro-location:
The apartment is in an excellent location in South Haaga, one of Helsinki’s most classic and value-retaining residential areas. Huopalahti railway station is about 400 metres away and the bus stop is right next to the building, so the commuter rail network, city centre and airport are all within direct reach without a car. The shop is about 200 metres away, and the services of Haaga and Munkkiniemi as well as the outdoor routes of Central Park are nearby. From a tenant’s point of view, this is exactly what people pay for: a peaceful, green environment, yet convenient everyday life and short commutes.

South Haaga as an investment:
South Haaga is one of Helsinki’s stable, sought-after and resilient residential areas, where rental gaps are typically short and the tenant profile is good. The area is not a speculative growth area but a long-term store of value, which is exactly what an investor wants as the foundation of a portfolio. Good transport links, an own plot and completed major renovations mean the property’s risks are exceptionally well controlled.

Tenancy:
The apartment is rented under an open-ended tenancy agreement that started on 25.10.2025 to a tenant with a clean credit record. The rent is €1,100/month + water prepayment €20/person/month (adjusted according to consumption). The rental deposit (€1,100) has been paid and is valid, and it transfers to the new landlord in accordance with the contract terms. Rent payments have been made as agreed. The agreement includes an annual index adjustment clause: rent is adjusted from 1 October using the cost of living index, plus a maximum of four percentage points. The first adjustment is on 1.10.2026, so the rent level will already rise during the first year of ownership.

Price and value:
The property has a broker’s valuation report of €335,000. The debt-free starting price is €285,000, meaning the apartment can be bought for about €50,000 below the broker’s valuation.

The monthly maintenance charge for the apartment is €357.50 and the financing charge is €341. The apartment is subject to a housing company loan of €51,029.75 as of 15.7.2026. The loan is an OP project loan, with 6-month Euribor + 0.53 margin as the reference rate, and a loan term until 31.12.2044. The debt share can be repaid if desired.

Why this property?

✅ Opportunity to buy well below the broker’s valuation
✅ Apartment fully renovated in 2025
✅ Housing company with pipe renovation completed
✅ Housing company switched to geothermal heating in 2025
✅ Own plot
✅ Excellent and sought-after location
✅ Rented to a good tenant