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
Sale499,000 €4,158 €/m²
Expected rent947 € /mo
~83,500 € ABOVE MARKET
overpriced
against the median for apartments in Festivalen Kompleks (31 properties)
Area
120 m²
Floor
3 / 4
Construction
Brick
Yield analysis
Low investment rating
Monthly payment2,214 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood
The rent covers 43% of the payment — you top up about 1,267 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 44 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 83,500 € above the typical price (the median) for apartments in Festivalen Kompleks (31 properties) — 4,158 €/m² against 3,462 €/m².
With 20% down over 20 years the monthly mortgage payment is about 2,214 €, against an expected local rent of 947 €. The rent covers 43% of it.
Source: Market statistics for apartments in Festivalen Kompleks
Details
- Category
- Residential
- Rooms
- 4
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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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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median 3,300 €/m² for comparable properties
235,000 € 2,216 €/m²
Rent covers ~ 91% of the payment
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At market level
median 3,300 €/m² for comparable properties
330,000 € 3,300 €/m²
Rent covers ~ 65% of the payment
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