median 1,365 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 487 €/mo rent · you top up ~ 400 €/mo
~17,000 € ABOVE MARKET
overpriced
against the median for apartments in Varosh (14 properties)
Strong investment rating
The rent covers 215% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 17,000 € above the typical price (the median) for apartments in Varosh (14 properties) — 2,045 €/m² against 1,365 €/m².
With 20% down over 20 years the monthly mortgage payment is about 227 €, against an expected local rent of 487 €. The rent covers the whole payment (215%).
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median 1,365 €/m² for comparable properties
Rent covers ~ 55% of the payment
~ 487 €/mo rent · you top up ~ 400 €/mo
median 1,365 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 487 €/mo rent · pays for itself in ~ 18 yrs
median 1,365 €/m² for comparable properties
Rent covers ~ 72% of the payment
~ 487 €/mo rent · you top up ~ 194 €/mo
median 1,365 €/m² for comparable properties
Rent covers ~ 61% of the payment
~ 487 €/mo rent · you top up ~ 307 €/mo