At market level
median 1,383 €/m² for comparable properties
95,850 €1,350 €/m²
Rent covers ~ 111% of the payment
~ 470 €/mo rent · pays for itself in ~ 17 yrs
Sale162,000 €1,350 €/m²
Expected rent489 € /mo
~17,500 € BELOW MARKET
good value
against the median for 4-room apartments in Iztok (25 properties)
Area
120 m²
Floor
3 / 5
Construction
Brick
Heating
Gas
Yield analysis
Low investment rating
Monthly payment719 €20% down payment · 20 yrs · 3%
Expected rent489 €at market conditions for the neighbourhood
The rent covers 68% of the payment — you top up about 230 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 17,500 € below the typical price (the median) for 4-room apartments in Iztok (25 properties) — 1,350 €/m² against 1,496 €/m².
The apartment is located in the town of Pernik, Istok district, in the new-build residential complex River House.
The layout includes a kitchen with living room, three bedrooms, a bathroom with toilet, a separate toilet, an entrance hall, and a terrace, providing convenience and functionality for family use.
The building is brick and on the third of five floors, with construction expected to be completed in 2028, implying modern materials and technologies.
The location is close to green areas, the railway station, a public transport stop, and important public facilities such as a language high school and kindergarten, which facilitates daily life.
The property is suitable for families seeking a spacious and functional home with access to amenities and transport.
With 20% down over 20 years the monthly mortgage payment is about 719 €, against an expected local rent of 489 €. The rent covers 68% of it.
Pros and cons
AI summaryPros
- functional layout
- terrace
- close to transport
- new-build
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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Appears once there's enough market data