At market level
median 1,607 €/m² for comparable properties
149,000 € 1,490 €/m²
Rent covers ~ 78% of the payment
~ 518 €/mo rent · you top up ~ 143 €/mo
Sale94,757 €1,857 €/m²
Expected rent518 € /mo
~13,000 € ABOVE MARKET
above market
against the median for apartments in Sozopol (1,319 properties)
Area
51 m²
Floor
3 / 4
Construction
Brick
Year
2010
Yield analysis
Good investment rating
Monthly payment420 €20% down payment · 20 yrs · 3%
Expected rent518 €at market conditions for the neighbourhood
The rent covers 123% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 13,000 € above the typical price (the median) for apartments in Sozopol (1,319 properties) — 1,857 €/m² against 1,607 €/m².
With 20% down over 20 years the monthly mortgage payment is about 420 €, against an expected local rent of 518 €. The rent covers the whole payment (123%).
Details
- Category
- Residential
- Rooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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median 1,607 €/m² for comparable properties
149,900 € 1,545 €/m²
Rent covers ~ 78% of the payment
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