48200Kotka

Hovinsaari

Housing prices, rents and area data for postcode area 48200

See all areas in Kotka
Population

1,639

1-year change:+0.9%
Median income (net)

€19,000

National median: €26,351
University educated

19.1%

share of over-18s
Employment rate

49.3%

share of working-age people

Housing prices and rents

Price per square metre

€1,040/m²

2022Q1

2021€1,012/m²
2022€1,040/m²

Sales in the latest period: 7 (small sample, treat as indicative)

Average rent

€13/m²

2025Q4

Estimated monthly rent

30 m²€386/month
55 m²€707/month
75 m²€964/month

Source: Statistics Finland, housing prices per m², rent statistics. 48200 · updated 2022Q1.

Rental yield

Gross rental yield

14.8%

Price per m²€1,040/m²
Rent per m²€13/m²

Example: a 55 m² flat

Purchase price

€57,200

Estimated rent

€707/month

Gross rental yield

14.8% a year

Statistics Finland's rent statistics rely largely on Kela's housing allowance register, so they lean towards lower-income tenancies and may underestimate free-market asking rents, especially in popular urban areas. Treat the figure as a cautious estimate, not a market guarantee.

A high rental yield can come from a low purchase price, which may reflect risks in the area. Rental yield alone doesn't tell you whether a property is a good investment.

Source: Statistics Finland, housing prices per m² and rent statistics. 48200 · updated 2022Q1. Gross rental yield doesn't account for the maintenance charge, taxes, financing or vacancies.

Population profile

Population change

1-year change+0.9%
5-year change+0.1%
Total residents1,639

Age structure

0–1710.9%
18–3426.7%
35–6436.2%
65+26.2%

Income & education

Income level

Median income, net (per year)

€19,000

National median: €26,351

Compared with the national median73%

Education & employment

University educated19.1%
Employment rate49.3%

Housing

Dwellings

Average dwelling size52.5 m²
Owner-occupied30.4%

Household types

Single-person households69.0%
Families with children9.4%
Pensioner households31.6%

Source: Statistics Finland Paavo 2024 · Statistics updated annually · Paavo open data

Analyse a flat in Hovinsaari

Buying or looking for a flat in this area? Upload the housing company's tilinpäätös (financial statements), its other documents and the isännöitsijäntodistus (manager's certificate). In under a minute you get a clear risk analysis, the key financial figures and a korjausvelka (repair backlog) estimate. You'll know exactly what you're buying.