For sale: a two-bedroom townhouse with a sauna in Lahti, already leased out, offering an excellent rental yield of 10.12%

A renovated 60 m² apartment with its own sauna, a tenant already in place, and the building well maintained

Price excluding tax 79,900 €

Selling Price 43,454.49 €

Cash Flow / Month 182 €

Rental Income 10.12 %

Information about the apartment

Address 1 Vilanderinkatu
Apartment D 19
Type 2 bedrooms + kitchen + living room + terrace
Area 60m2
Rent 890 €
Maintenance fee 216 €
Financial compensation 492 €
Debt ratio 36 445,51 €
Status
Reserved

A two-bedroom townhouse with a sauna and a terrace, featuring a current lease agreement and an impressive 10.12% rental yield

  • A 60 m² two-bedroom townhouse apartment (2 bedrooms, kitchen, living room, and bathroom) that is already rented, rent €890.00 per month
  • The property offers an excellent rental yield of 10.12% 
  • The apartment has its own sauna and terrace, which ensure excellent rental potential
  • The housing complex has just completed a facade renovation project (facade painting, gutters and downspouts, as well as windows and exterior doors, were replaced in 2025–2026)
  • Return on equity of up to 25.58% and cash flow of €350.00 per month with 70% financing*
  • *Loan calculated based on a 20-year term and a total interest rate of 3.5%. The monthly loan payment, including interest, is €324.00 in this calculation. Cash flow is calculated using the formula: rent + maintenance fees + loan payment = €350.00 per month

Basic information about the housing company

  • Name of the housing association: Asunto Oy Lahden Noel
  • Building type: Townhouse
  • Year built: 1990
  • Number of apartments: 46
  • Floors: 1
  • Elevator: No
  • Sauna in the apartment building: Yes (one per apartment)
  • Building material: Wood / Concrete
  • Roof type: Gable roof
  • Roofing material: Concrete roof tile
  • Energy Class: C2018
  • Energy Certificate: Yes (valid through November 21, 2035, Building D)
  • Building antenna system: Elisa cable TV & 25M broadband
  • Lot size: 13,557 m² (3 lots in total: 8,056 m² + 2,792 m² + 2,709 m²)
  • Land Ownership: Lease (City of Lahti; lease agreements valid through January 1, 2040)
  • Property Management: Alltime Property Management Lahti
  • Property Management: Oiva Isännöinti Oy,
  • Zoning Status: Local Master Plan
  • Heating: District heating

Renovations completed

  • Construction of the District Heating Control System, 2008
  • Rain Gutter Repairs in 2008
  • Replacement of Radiator Valves and Thermostats, 2008–2009
  • Implementation of Remote Monitoring in 2011
  • Heat distribution centers (3 units) were replaced in 2012
  • Replacement of Balancing Valves in 2013
  • Mailboxes and the laundry room's washing machine were replaced in 2014
  • Roof Coating and Replacement of Broken Tiles in 2023
  • Replacement of Partition Walls in 2023
  • Maintenance Painting of Building Facades 2025
  • Replacement of Gutters and Downspouts in 2025
  • Replacement of Windows, Exterior Doors, and Patio Doors, 2025–2026
  • Cleaning of HVAC Ducts and Adjustment of Airflow Rates 2026

Upcoming Renovations (Maintenance Needs Assessment 2026–2030)

  • Additional Thermal Insulation for Roof Decks
  • Improving Water Management Outside Buildings
  • Exploring Smart Heating Control to Reduce Energy Costs

Pictures of the apartment

Floor plan of the apartment

Apartment condition points

Average condition score for the apartment 4
Average surface area of apartment 4
Average condition of the kitchen 4
Average condition of bathrooms 4
DescriptionConditionImpact on re-renting
1Broken and requires immediate replacement or repair.This will likely affect re-renting.
2Clear signs of wear, but still usable.May affect re-renting.
3In habitable condition and meets the tenant's needs.Unlikely to affect re-rental.
4Very neat and in good condition.Unlikely to affect re-rental.
5In new condition.Does not affect re-renting.

The condition scores for each living space are averages based on detailed condition scores for the different rooms in the apartment. Check out the detailed condition scores for the apartment in the apartment materials!


Real estate investor's return and loan calculator

Estimated loan amount (monthly)

Cash flow

Return on equity (ROE)

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Please note that this calculator is an indicative tool. It is intended to support your assessment and should not be considered investment advice or a binding financial calculation. Actual costs and returns may vary.

Location of the destination on the map

Lahti as an investment city

Lahti – A dynamic investment city in the heart of growing Southern Finland

Lahti, Finland's eighth largest city, is a lively and developing center that offers diverse opportunities for residential investors. With a population of over 120,000, the urban area provides a solid foundation for housing demand, and Lahti's location in the middle of Southern Finland's growth corridor reinforces its position as an attractive investment destination. The city's diverse services, strong industrial heritage, and investments in green technology make it a unique combination of tradition and future prospects.

Why choose Lahti for real estate investment?

Lahti is a city that leaves no one cold. Its excellent transport connections to Helsinki and elsewhere in Finland make it an ideal location for both work and leisure. The city's continuous development is reflected in the emergence of new residential areas, businesses, and services, which creates a stable foundation for housing demand and rental income. Lahti is also known for its active cultural and sporting life, which attracts residents and increases the city's appeal. Lahti's affordable housing offers a wide range of options, from new developments to renovated apartments, so every investor is sure to find a property that suits their budget and goals. Lahti is a city that pulsates with life and offers real estate investors the opportunity to be part of its success story.

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