−47% below market
median 1,560 €/m² for comparable properties
112,900 € 824 €/m²
Rent covers ~ 110% of the payment
~ 551 €/mo rent · pays for itself in ~ 17 yrs
Sale123,499 €2,245 €/m²
Expected rent551 € /mo
~37,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Hristo Smirnenski (1,072 properties)
Area
55 m²
Floor
4 / 6
Construction
Brick
Yield analysis
Fair investment rating
Monthly payment548 €20% down payment · 20 yrs · 3%
Expected rent551 €at market conditions for the neighbourhood
The rent covers 101% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 19 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 37,500 € above the typical price (the median) for 2-room apartments in Hristo Smirnenski (1,072 properties) — 2,245 €/m² against 1,560 €/m².
With 20% down over 20 years the monthly mortgage payment is about 548 €, against an expected local rent of 551 €. The rent covers the whole payment (101%).
Source: Market statistics for 2-room apartments in Hristo Smirnenski
Amenities
- Elevator
- Internet Connection
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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