+32% above market
median 1,199 €/m² for comparable properties
87,000 € 1,581 €/m²
Rent covers ~ 126% of the payment
~ 487 €/mo rent · pays for itself in ~ 15 yrs
Sale50,000 €2,000 €/m²
Expected rent487 € /mo
~20,000 € ABOVE MARKET
overpriced
against the median for apartments in Raz (76 properties)
Area
25 m²
Construction
Brick
Year
1991
Yield analysis
Strong investment rating
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent487 €at market conditions for the neighbourhood
The rent covers 220% 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.
Property analysis
This apartment is priced about 20,000 € above the typical price (the median) for apartments in Raz (76 properties) — 2,000 €/m² against 1,199 €/m².
With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 487 €. The rent covers the whole payment (220%).
Details
- Category
- Residential
- Rooms
- 1
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+60% above market
median 1,199 €/m² for comparable properties
155,000 € 1,913 €/m²
Rent covers ~ 71% of the payment
~ 487 €/mo rent · you top up ~ 201 €/mo
+141% above market
median 1,199 €/m² for comparable properties
220,000 € 2,894 €/m²
Rent covers ~ 50% of the payment
~ 487 €/mo rent · you top up ~ 489 €/mo