median 1,466 €/m² for comparable properties
Rent covers ~ 151% of the payment
~ 421 €/mo rent · pays for itself in ~ 12 yrs
~28,500 € BELOW MARKET
far below market
against the median for apartments in Pernik (605 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 316% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 28,500 € below the typical price (the median) for apartments in Pernik (605 properties) — 750 €/m² against 1,466 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 421 €. The rent covers the whole payment (316%).
Derived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 49% below the average for comparable properties.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
median 1,466 €/m² for comparable properties
Rent covers ~ 151% of the payment
~ 421 €/mo rent · pays for itself in ~ 12 yrs