There are some surprisingly cheap apartments (3h+k) for around ~100k. Are the upcoming renovations the reason for low prices? Can we get estimated numbers from the sales agent?
by clotext2023
There are some surprisingly cheap apartments (3h+k) for around ~100k. Are the upcoming renovations the reason for low prices? Can we get estimated numbers from the sales agent?
by clotext2023
5 comments
Perhaps the least desirable residential area in Espoo with social problems, bad schools and a bad reputation for more than 40 years. Also, it’s just a bulk building from the 70s that needs constant renovation. Visit the area so you will understand.
There will never be cheap apartments below market value, if other apartments costs 200k and theres odd one that costs 100k€ its because theres some huge plumbing renovation coming that costs 100k€ to that unit.
It says the condition is tyydyttävä, which means 6/10 at best. Plus there is nine upcoming major repairs in the next three years.
Plumming works are soon to be done and can run to 500€ or more per m2.
In general: Finland is filled with cheap apartments from the 70’s. They are cheap because the plumbing has not been done for decades (maybe last time was in the 90’s), and the renovations alone can cost you a fortune.
Comments are closed.