Two 315 m² terraced buildings + 0.78 ha plot in Siikainen. An opportunity!, Siikainen

For sale: a large 0.78-hectare freehold plot in Otamo, Siikainen, with two terraced buildings (315 m² each) requiring major renovation.

A development opportunity for an investor, construction company or someone seeking their own use!

Now for sale: an exceptional property in Otamo, Siikainen: an approximately 7,800 m² freehold plot and two buildings of approximately 315 m² each, totalling approximately 630 m² of built floor area.

This is not a ready residential or commercial property, but a genuine renovation and development project, where the buyer acquires a large plot, existing buildings and extensive existing space at a fraction of the construction cost of a comparable new development.

The property is particularly suitable for a buyer with construction expertise, renovation skills or a clear plan for reusing the buildings.

PLEASE NOTE! Read the entire listing, terms of sale and appendices carefully! Not for frivolous bidders!

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630 m² of buildings and a 7,800 m² freehold plot

The property contains two terraced-style buildings originally designed for care-home use.

Each building has a floor area of approximately 315.5 m², providing a total of approximately 631 m² of built floor area. The National Enforcement Authority’s 2020 sales brochure stated the permitted building volume as 782 m², of which approximately 632 m² had been used and approximately 150 m² remained.

In practice, the plot therefore already has substantial built volume, plus the stated amount of unused building entitlement.

The buildings are timber-framed and timber-clad, with pitched roofs covered in felt roofing. The original heating system was oil-fired.

The buildings have stood unheated and unused for approximately a decade.

🛏️ The layouts provide an interesting starting point

The buildings’ original purpose is reflected in their layouts.

The premises contain numerous rooms, kitchens, toilets and washrooms, as well as shared living and social spaces. In one building, the rooms were connected internally.

This existing room layout could provide an interesting starting point for, for example:

• employee accommodation

• group living

• hobbies and association activities

• temporary accommodation

• company premises

• storage or other suitable use

The intended use, any alterations and the required permits must naturally be established before starting the project.

🏭 Could this become accommodation for industrial projects in the area?

There is significant industrial activity and several projects in the area and nearby. A large existing building complex could provide an interesting starting point for accommodation for contractors and industrial workers.

The buildings’ current layout is an interesting basis for this idea: many rooms, washrooms, toilets and shared spaces under one roof.

However, this is not a ready-made accommodation business, nor is any particular use or demand guaranteed.

Instead, what is being sold is the opportunity to investigate whether the existing buildings could be converted for such a purpose.

🌲 A large private plot in peaceful surroundings

The approximately 0.78-hectare freehold plot gives the property a very different starting point from a small urban plot.

There is ample yard and land around the buildings. Trees and vegetation were cleared in September 2026.

A ditch crosses the plot and flows into the nearby Otamonjoki river.

According to the National Enforcement Authority’s 2020 brochure, the services in Siikainen centre are approximately 8 kilometres away.

⚠️ Important: read this before making an offer

The low starting price reflects the fact that this is a development project requiring significant renovation.

The buildings have been vacant for a long time, and their technical condition and renovation needs must be assessed before making an offer.

No condition survey has been commissioned.

The property currently has no electricity, water or sewer connection.

This is not a new or recent situation: the National Enforcement Authority’s 2020 sales brochure also expressly states that the property has no electricity, water or sewer connection and that the buyer must arrange them.

The former electricity connection has been disconnected.

The buyer is responsible for arranging any connections, checking their availability and paying the related costs.

Wastewater treatment was previously arranged jointly with the neighbouring property. Before making an offer, the buyer must establish the current status, rights, responsibilities, terms and any charges relating to this arrangement.

📋 Property details

• Location: Siikainen, Otamo

• Property: approximately 0.782 ha

• Buildings: 2

• Floor area: approximately 315.5 m²/building

• Total: approximately 631 m²

• Building type: terraced-style building

• Building material: timber

• External cladding: timber

• Roof: pitched roof / felt roofing

• Original heating: oil heating

• Planning status: the area has no local plan

• Building entitlement stated in the National Enforcement Authority’s 2020 brochure: 782 m² (I have not independently verified this measurement)

• Used building entitlement stated in the National Enforcement Authority’s 2020 brochure: 632 m² (I have not independently verified this measurement)

• Remaining building entitlement stated in the National Enforcement Authority’s 2020 brochure: 150 m² (I have not independently verified this measurement)

The buyer must verify the building entitlement, planning, intended use and other official information before making an offer.

🔎 Investigate thoroughly before bidding

This is a property that should be inspected on site and together with the documents before making an offer.

The buyer should establish at least:

• the current condition of the buildings and renovation needs

• building entitlement and possible intended use

• planning status

• land register and encumbrance details

• possible encumbrances and rights of use

• availability and cost of an electricity connection

• how water services will be arranged

• wastewater arrangements

• permits required for any new intended use

• the project’s total costs.

Documents concerning the property held by the seller will be made available for inspection where necessary.

The property is sold in the condition in which it is at the time of completion.

💡 What could be done with it?

This is above all a development project.

A buyer with construction expertise and vision may see an opportunity here that a finished property cannot offer:

a large freehold plot + approximately 630 m² of existing buildings + stated unused building entitlement + adaptable spaces.

The buildings could be renovated, their intended use could be investigated, or the property could be developed in another way suitable for the buyer.

You decide what this could become.

The current owner bought the property at an enforcement auction for use in business, but due to changes in circumstances, lack of time and changing plans, it has become surplus to requirements.

The appendices include, among other things, the enforcement auction sales brochure from the previous change of ownership (contact details and identifiers redacted), an extract from the land register map, floor plans and elevations.