At market level
median 3,462 €/m² for comparable properties
239,000 € 3,414 €/m²
Rent covers ~ 89% of the payment
~ 947 €/mo rent · you top up ~ 113 €/mo
Sale330,000 €2,750 €/m²
Expected rent947 € /mo
~66,000 € BELOW MARKET
good value
against the median for 3-room apartments in Festivalen Kompleks (21 properties)
Area
120 m²
Floor
1 / 3
Construction
Brick
Year
1960
Yield analysis
Low investment rating
Monthly payment1,464 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood
The rent covers 65% of the payment — you top up about 517 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 29 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 8.3% · 30,000 €
- 360,000 €
- 330,000 €▼ 30,000 € (8.3%)
Property analysis
This apartment is priced about 66,000 € below the typical price (the median) for 3-room apartments in Festivalen Kompleks (21 properties) — 2,750 €/m² against 3,300 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,464 €, against an expected local rent of 947 €. The rent covers 65% of it.
The asking price has fallen by 30,000 € (8.3%) since it was first listed.
Source: Market statistics for 3-room apartments in Festivalen Kompleks
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 17% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 271 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 8%.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1960 — about 66 years old.
Is there damp, is there enough daylight, and what is the noise like?
Because: The property is on the first floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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median 3,300 €/m² for comparable properties
330,000 € 3,300 €/m²
Rent covers ~ 65% of the payment
~ 947 €/mo rent · you top up ~ 517 €/mo
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At market level
median 3,300 €/m² for comparable properties
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Rent covers ~ 65% of the payment
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