Authored by the expert who managed and guided the team behind the Finland Property Pack
Yes, the analysis of Helsinki's property market is included in our pack
Where are the best places to invest in Helsinki right now? Is the city center still the top pick, or are neighborhoods like Kallio, Jätkäsaari, and Kalasatama gaining ground? What makes these locations attractive to both local and foreign investors?
We’re often asked these questions because we work directly with real estate agents, developers, and clients who invest across the city. Our firsthand experience in these markets gives us unique insights into where the real opportunities lie. To save everyone from asking privately, we’ve written this article to share our knowledge broadly.
Our goal is to highlight the hottest markets in Helsinki and explain why they’re worth your attention in 2025.
If you have suggestions or want us to dive deeper into a specific area, let us know. You shoot an email, we answer within 24 hours.
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1) Kruunuvuorenranta is gaining attention for its scenic views and new residential developments
Kruunuvuorenranta is catching eyes for its stunning views and fresh housing projects.
Once home to the Laajasalo oil terminal, this area is now transforming, with construction ongoing until 2030. The first residents settled in Borgströminmäki and Gunillankallio back in 2015, and more projects are on the horizon for 2025. This shift is turning Kruunuvuorenranta into a sought-after spot.
By 2030, the population here is expected to hit 13,500 residents, showing a clear uptick in interest. The media often highlights its natural beauty, with rocky forests, coastal meadows, and small islands creating a unique vibe that draws in those seeking a picturesque place to call home.
The City of Helsinki's urban planning reports point to Kruunuvuorenranta's growth potential as part of a larger plan to boost housing and services. A key development is the Crown Bridges tram line, which will link Kruunuvuorenranta to Helsinki's city center in just 15 minutes. This major infrastructure upgrade makes the area more appealing and accessible.
With improved public transport, Kruunuvuorenranta becomes even more livable, attracting potential residents who value convenience and beauty. The area's transformation is a testament to Helsinki's commitment to urban development, making it a prime location for future homeowners.
As the area evolves, it continues to draw interest from those looking for a blend of nature and modern living. The ongoing developments and strategic planning ensure that Kruunuvuorenranta remains a top choice for new residents.
Sources: City of Helsinki, Helsinki News, Helsinki Growth Projection
2) Pasila is gaining interest with its major transport hub and urban renewal projects
Pasila is drawing in investors because it's a key transportation hub and is undergoing exciting urban renewal projects.
The area has seen a boom in property values, thanks to developments like the Tripla complex, which has attracted both Finnish and foreign investments. For instance, the Pasila Vision complex was recently sold to Swiss Life, highlighting the international interest.
Tripla is a massive investment, worth nearly EUR 1.5 billion, and it's transformed Pasila into a unique public transportation hub. Every day, about 130,000 passengers and 900 trains pass through the Pasila railway station at Tripla, making it a crucial interchange in the Helsinki area.
This influx of commuters has led to a surge in businesses and services setting up shop in Pasila. Finnish investors are particularly active in the retail sector, contributing to the area's economic growth. The City of Helsinki is also investing in urban renewal, focusing on streets and traffic arrangements to support this development.
With more people passing through, the area is buzzing with new opportunities. The local government's commitment to improving infrastructure is a big draw for investors looking to tap into Pasila's potential.
As Pasila continues to evolve, it's becoming a hotspot for those looking to invest in a vibrant and well-connected part of Helsinki.
Sources: Catella Market Indicator 2023 Spring, Transport hub | Tripla by YIT, Mall of Tripla, Finland, opened its doors
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Finland versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
3) Vuosaari is gaining interest for its extensive green spaces and affordable property prices
Vuosaari is catching the eye of homebuyers for a couple of compelling reasons.
First off, property prices in Vuosaari are much lower than in other parts of Helsinki. Imagine snagging a 1-bedroom place for about €417,997, while in swankier spots like Eira, you'd be looking at a hefty €1,316,601. This price gap makes Vuosaari a smart pick for those wanting to own a home without emptying their wallets.
Another big plus is Vuosaari's lush green spaces. The area is a nature lover's dream, with parks, marinas, and beaches like Rastila and Aurinkolahti. These spots offer loads of fun activities and promote a healthier lifestyle. Green living is a big deal these days, and Vuosaari's eco-friendly vibe is a magnet for buyers who care about the environment.
Helsinki's real estate market is buzzing, with more property deals happening, especially in Vuosaari. This lively market is expected to keep growing, making it an exciting time to buy. Vuosaari offers a sweet mix of affordable homes and nature, perfect for those wanting city life with a touch of the great outdoors.
Locals know that Vuosaari's charm isn't just about the price and greenery. It's about the community feel and the easy access to both city amenities and peaceful retreats. Living here means enjoying the best of both worlds, with a vibrant neighborhood and serene escapes just a stone's throw away.
For anyone considering a move, Vuosaari's got the right mix of affordability, nature, and community spirit. It's no wonder more people are choosing to call it home.
Sources: Helsinki - Europe Real Estate, Helsinki, Finland, SKVL’s forecast for housing sales in 2025
4) Kalasatama is booming with modern waterfront developments and high demand for new apartments
Kalasatama is a real estate hotspot thanks to its modern waterfront developments and the high demand for new apartments.
Property prices in Kalasatama have been on the rise, making it one of Helsinki's most sought-after locations. This surge in prices is a clear sign of the area's growing appeal among buyers who are drawn to its vibrant atmosphere and modern living options.
There's been a noticeable increase in real estate transactions, especially for newer and well-maintained properties. This uptick shows a strong demand for housing, fueled by Kalasatama's attractive living conditions and modern amenities. The high occupancy rates in new developments further underscore its popularity.
Investments in infrastructure, like the Kalasatama-Pasila Project, have boosted the area's accessibility and sustainability. These improvements make Kalasatama even more appealing to potential residents, who are looking for a well-connected and eco-friendly urban environment.
The area's development plans focus on creating a densely populated urban space with excellent public services. This vision supports Kalasatama's growth as a desirable real estate market, offering a mix of housing options that cater to diverse needs.
With its strategic location and ongoing development projects, Kalasatama is set to remain a top choice for homebuyers seeking a modern and dynamic living experience in Helsinki.
Sources: Europe Real Estate, City of Helsinki, AFRY
5) Herttoniemi is attracting interest with its affordable homes and convenient public transport access
Herttoniemi is catching eyes for its budget-friendly homes and great public transport.
In Helsinki, there's a buzz around finding affordable places to live, especially where you can easily hop on a bus or train. Herttoniemi fits the bill perfectly, making it a hot spot for those wanting to save on housing.
While we don't have exact numbers for Herttoniemi, a 2023 study by the Housing Foundation found that over half of Finns are anxious about rising housing costs. This makes areas like Herttoniemi, with potentially lower prices, very appealing. Plus, the availability of rental apartments in the Helsinki area adds to its charm.
Public transport in Helsinki is on the rise, with more people using the metro, buses, and trains. Herttoniemi benefits from this trend, as residents love having efficient transport options. The city bike service, which expanded in 2019, saw millions of rides, showing a clear preference for eco-friendly travel.
Herttoniemi's appeal is also boosted by its easy access to public transport, which is a big deal for many. People are increasingly choosing areas with good transport links, and Herttoniemi delivers just that.
With its affordable housing and excellent transport connections, Herttoniemi is becoming a top choice for those looking to balance cost and convenience.
Sources: GlobeNewswire, Helsinki Times, Helsinki Environmental Report 2019
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6) Jätkäsaari is gaining interest for its sustainable housing and closeness to the city center, boosting property values
Jätkäsaari is a hotspot for sustainable housing projects thanks to its eco-friendly innovations.
Imagine living in a place where green roofs and facades not only look good but also manage stormwater and cool the microclimate. That's Jätkäsaari for you, a neighborhood that’s turning heads with its commitment to environmental responsibility. These features make it a magnet for homebuyers who care about the planet.
There's a buzz around Jätkäsaari, especially for small apartments. First-time buyers are flocking here, drawn by the affordable prices and sustainable living options. It's like the area has cracked the code on what modern homebuyers want.
One of Jätkäsaari's biggest selling points is its proximity to Helsinki's city center. You can enjoy the perks of city life without the long commute. This convenience is a big reason why property values are climbing.
Living in Jätkäsaari means you’re part of a community that values sustainability. The neighborhood's design encourages eco-friendly living, making it a trendsetter in urban development. It's not just about where you live, but how you live.
As more people catch on to what Jätkäsaari offers, its popularity is only going to rise. The area is a perfect blend of modern living and environmental consciousness, making it a top choice for future homeowners.
Sources: The Greenest of the Green block, Helsinki, Finland, Helsinki - Europe Real Estate, On the Drawing Board: Four Perspectives on Sustainable Housing Construction
7) Kallio is gaining attention for its bohemian vibe and rising rental yields
Kallio in Helsinki is buzzing with popularity thanks to its bohemian vibe and rising rental yields.
In recent years, property prices in Kallio have jumped by 47% since 2015, making it a hot spot for buyers. The neighborhood's charm lies in its unique mix of architecture and a lively cultural scene that keeps drawing people in.
Young professionals and artists are flocking to Kallio, attracted by its creative atmosphere. This influx is driving up demand for rental properties, which is outstripping the available supply and pushing rental yields higher. New businesses and cafes are popping up, adding to the area's appeal and vibrant lifestyle.
Media coverage has been a big player in putting Kallio on the map, showcasing its eclectic bars and trendy cafes. This attention is pulling in more visitors and residents who love the area's dynamic spirit. Social media is also buzzing with posts about Kallio’s lifestyle and events like the Kallio Block Party, highlighting its strong community vibe.
With its bohemian atmosphere and increasing rental yields, Kallio is becoming a sought-after neighborhood. The area is a magnet for those seeking a vibrant lifestyle, with its mix of culture, community events, and a thriving social scene.
As more people discover Kallio, the neighborhood continues to evolve, offering a unique blend of old and new that keeps it exciting and fresh. The combination of rising property prices and a lively community makes it an attractive option for potential buyers.
8) Käpylä is gaining interest for its charming wooden houses and strong community vibe, driving steady property appreciation
Käpylä is a hot spot for property buyers thanks to its charming wooden houses and vibrant community vibe.
These unique homes, dating back to the 1920s, offer not just historical charm but a timeless allure that keeps property values on the rise. In 2024, the average property price in Helsinki was about €6,960 per m², and Käpylä's distinctive architecture likely pushes these numbers even higher.
With property vacancy rates at just 14.6% in the Helsinki Metropolitan Area in 2023, it's clear that demand in Käpylä is strong. This low vacancy rate underscores the area's appeal and the steady interest from potential buyers.
Residents often rave about the community spirit in Käpylä, which plays a big part in keeping property values high. The area's designation as a conservation area in 1971, along with ongoing renovations, has helped preserve its historical charm, ensuring property values continue to appreciate.
Living in Käpylä means being part of a community that values its history and works together to maintain its unique character. This sense of belonging and pride in the neighborhood is a key factor in why property values remain robust.
For those looking to invest in a property with both charm and a strong community, Käpylä offers a unique opportunity. The combination of historical significance, architectural beauty, and community engagement makes it a standout choice.
Sources: Europe Real Estate, Aalto University, The Northern Wanderer Blog
We have made this infographic to give you a quick and clear snapshot of the property market in Finland. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
9) Lauttasaari is thriving with its island lifestyle and high-quality residential areas
Lauttasaari is a hot market in Helsinki, thanks to its unique island lifestyle and high-quality residential areas.
In recent years, property prices in Lauttasaari have been rising, largely due to its proximity to central Helsinki. The development of new office and residential projects makes it an attractive option for professionals seeking more space. Imagine living just a short commute from the city center, yet enjoying the serenity of island life.
The demand for housing in Lauttasaari has increased significantly. This area offers a tranquil environment close to the city center, which is appealing to many people. Sales volume has risen, especially for larger and more valuable apartments, indicating its growing popularity. Families and young professionals alike are drawn to the spacious living options available here.
New residential projects are continuously being developed in Lauttasaari, further boosting its appeal. These projects not only increase property values but also attract more residents. The presence of natural attractions and recreational areas enhances its island lifestyle, making it a desirable place for those seeking a balance between urban convenience and a peaceful environment.
Living in Lauttasaari means having access to beautiful parks and waterfronts, perfect for outdoor activities. Its community vibe and local amenities make it a sought-after location for those who want both city access and a touch of nature. The island's charm is undeniable, with its blend of modern living and natural beauty.
Sources: SKVL Housing Market Forecast 2024, Europe Real Estate
10) Vallila is gaining attention for its trendy vibe and renovated industrial lofts
Vallila is now a hotspot thanks to its trendy vibe and the transformation of old industrial buildings into stylish lofts.
These loft conversions have not only added charm but also boosted property prices, making the area appealing to both residents and investors. The industrial market's vacancy rate was a mere 3.7% in 2024, which pushed rents higher and attracted more capital, further enhancing property values.
The demand for these loft-style apartments is booming. They offer a unique blend of historic industrial charm and modern amenities, attracting young professionals and creatives. Media coverage has spotlighted Vallila's vibrant community, trendy cafes, and boutiques, adding to its allure.
Vallila's growth in cafes and boutiques has amplified its trendy atmosphere, drawing in tourists and increasing foot traffic. This influx has contributed to the area's dynamic vibe, making it a lively place to be.
Social media has played a significant role in showcasing Vallila's community and local events, attracting more visitors and potential residents. The buzz online has helped cement its reputation as a must-visit destination.
With its unique mix of old and new, Vallila is not just a place to live but a lifestyle choice. The area's transformation is a testament to how urban renewal can create vibrant, sought-after communities.
Sources: Areim, Finance & Commerce
11) Töölö is a prime market with its prestigious location and consistently high property values
Töölö stands out as a prime real estate market in Helsinki thanks to its prestigious location and consistently high property values.
In 2023, property prices in Töölö were notably higher than in other Helsinki districts. For instance, a studio apartment in Töölö cost around €298,900, while a 1-bedroom apartment was approximately €529,000. This price range highlights the area's exclusivity and appeal.
The market in Töölö is strong and stable, with historical data showing a steady appreciation in property values. In 2023, the gross rental yield for a studio apartment was 3.81%, reflecting a healthy demand for housing in the area.
One reason for Töölö's high property values is its proximity to key cultural and educational institutions. The Finnish National Opera and Ballet, the Museum of Contemporary Art Kiasma, and the University of Helsinki are all nearby, making Töölö a magnet for professionals and students alike.
Living in Töölö means being close to some of Helsinki's most important landmarks, which adds to the area's allure. This proximity not only enhances the quality of life but also drives up property demand, as people are eager to live near these cultural hubs.
For anyone considering buying property in Helsinki, Töölö offers a unique blend of cultural richness and investment potential. The area's consistent property value appreciation makes it a wise choice for both personal and investment purposes.
Sources: Global Property Guide, Booking Ninjas
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility. Finally, please note that we are not affiliated to any of the sources provided. Our analysis remains then 100% impartial.