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
Sale412,000 €3,074 €/m²
Expected rent947 € /mo
~52,000 € BELOW MARKET
good value
against the median for apartments in Festivalen Kompleks (31 properties)
Area
134 m²
Floor
3 / 4
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,828 €20% down payment · 20 yrs · 3%
Expected rent947 €at market conditions for the neighbourhood
The rent covers 52% of the payment — you top up about 881 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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▼ 14.2% · 68,000 €
- 480,000 €
- 412,000 €▼ 68,000 € (14.2%)
Property analysis
This apartment is priced about 52,000 € below the typical price (the median) for apartments in Festivalen Kompleks (31 properties) — 3,074 €/m² against 3,462 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,828 €, against an expected local rent of 947 €. The rent covers 52% of it.
The asking price has fallen by 68,000 € (14.2%) since it was first listed.
Source: Market statistics for 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.
Is there still room to negotiate?
Because: The price has been cut once, by about 14%.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Is there enough daylight during the day?
Because: The advertised exposure has no southern side.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Needs Renovation
Exposure
AI summaryEEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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