median 1,447 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 576 €/mo rent · pays for itself in ~ 17 yrs
~24,500 € BELOW MARKET
good value
against the median for floors of house in Hristo Smirnenski (9 properties)
Fair investment rating
The rent covers 108% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This floor of House is priced about 24,500 € below the typical price (the median) for floors of house in Hristo Smirnenski (9 properties) — 1,200 €/m² against 1,447 €/m².
Floor of a two-storey house with an area of 100 sq m, located in the district of Hristo Smirnenski, Plovdiv. The property includes a living room, dining room with kitchen, two bedrooms, large corridor, bathroom and toilet. The floor also comes with half of the attic, a basement and ideal parts of the yard. The construction is timber-joist with brick walls, built in 1970. The property needs renovation and updating of the interior spaces. It is located at the beginning of the district, near HEI, which provides convenient access to the city infrastructure. Suitable for family use with the possibility of adaptation according to the needs of the new owners.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 576 €. The rent covers the whole payment (108%).
Source: Market statistics for floors of house in Hristo Smirnenski
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,447 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 576 €/mo rent · pays for itself in ~ 17 yrs
median 1,447 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 576 €/mo rent · you top up ~ 90 €/mo
median 1,447 €/m² for comparable properties
Rent covers ~ 45% of the payment
~ 576 €/mo rent · you top up ~ 711 €/mo
median 1,447 €/m² for comparable properties
Rent covers ~ 58% of the payment
~ 576 €/mo rent · you top up ~ 422 €/mo
median 1,447 €/m² for comparable properties
Rent covers ~ 44% of the payment
~ 576 €/mo rent · you top up ~ 733 €/mo
median 1,598 €/m² for comparable properties
Rent covers ~ 97% of the payment
~ 865 €/mo rent · you top up ~ 22 €/mo
median 1,447 €/m² for comparable properties
Rent covers ~ 113% of the payment
~ 576 €/mo rent · pays for itself in ~ 17 yrs
median 1,447 €/m² for comparable properties
Rent covers ~ 79% of the payment
~ 576 €/mo rent · you top up ~ 156 €/mo