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
Sale480,000 €5,000 €/m²
Expected rent947 € /mo
~163,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Festivalen Kompleks (21 properties)
Area
96 m²
Floor
2 / 6
Construction
Brick
Yield analysis
Low investment rating
Monthly payment2,130 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood
The rent covers 44% of the payment — you top up about 1,183 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 42 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 163,000 € above the typical price (the median) for 3-room apartments in Festivalen Kompleks (21 properties) — 5,000 €/m² against 3,300 €/m².
With 20% down over 20 years the monthly mortgage payment is about 2,130 €, against an expected local rent of 947 €. The rent covers 44% of it.
Source: Market statistics for 3-room apartments in Festivalen Kompleks
Amenities
- Elevator
- Access Control
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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