Sale

Floor of House in Ruse, Centyr

RuseCentyr
Published: 8 October 2024 Updated: 8 October 2024
Sale27,800 €556 €/m²
Expected rent464 € /mo

~46,000 € BELOW MARKET

far below market

against the median for floors of house in Centyr (23 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
50 m²
Construction
Brick

Yield analysis

Strong investment rating

20% / yr
Monthly payment123 €20% down payment · 20 yrs · 3%
Expected rent464 €at market conditions for the neighbourhood

The rent covers 376% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This floor of House is priced about 46,000 € below the typical price (the median) for floors of house in Centyr (23 properties) — 556 €/m² against 1,480 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 123 €, against an expected local rent of 464 €. The rent covers the whole payment (376%).

Source: Market statistics for floors of house in Centyr

Details

Category
Residential
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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