The City of Helsinki is set to acquire the seaside villa of Nokia in Koivusaari, Helsinki, easterly from the Espoo border. The former mobile phone behemoth will receive 2.75 million euros for the villa and the lot, provided that the transaction is approved by the Helsinki Real Estate Committee when it convenes to discuss it on Thursday.
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Helsinki to buy Nokia's villa in Koivusaari
Comprising roughly 550 square metres, the main building was built in 1963 and the adjacent log sauna two decades later. The facilities have been renovated recently and according to the Real Estate Committee are currently “in very good condition”.