−57% below market
median 1,480 €/m² for comparable properties
103,000 € 643 €/m²
Rent covers ~ 102% of the payment
~ 464 €/mo rent · pays for itself in ~ 18 yrs
Sale114,800 €1,366 €/m²
Expected rent781 € /mo
Area
84 m²
Land Area
200 m²
Floor
2 / 2
Construction
Brick
Year
1940
Yield analysis
Strong investment rating
Monthly payment509 €20% down payment · 20 yrs · 3%
Expected rent781 €at market conditions for the neighbourhood
The rent covers 153% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
10 changes since listing▼ 0.2% · 200 €
- 115,000 €
- 114,580 €▼ 420 € (0.4%)
- 113,967 €▼ 613 € (0.5%)
- 113,860 €▼ 107 € (0.1%)
- 114,800 €▲ 940 € (0.8%)
- 114,900 €▲ 100 € (0.1%)
- 114,666 €▼ 234 € (0.2%)
- 114,670 €▲ 4 € (0%)
- 115,000 €▲ 330 € (0.3%)
- 117,000 €▲ 2,000 € (1.7%)
- 114,800 €▼ 2,200 € (1.9%)
Property analysis
This floor of House is priced 60% below the typical price (the median) for comparable properties — 604 €/m² against 1,493 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The property is a floor of a house in the city of Ruse, located in the central part of the city. The layout includes two walk-through rooms, a kitchen, corridor, bathroom with toilet, and two terraces. The construction is brick from 1940, and the property is on the second floor of two. It requires full renovation, which is important to consider when planning the investment. The location is close to the pedestrian zone of Aleksandrovska St, providing convenient access to urban infrastructure and services. The property is suitable for those looking for a home with renovation potential in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 509 €, against an expected local rent of 781 €. The rent covers the whole payment (153%).
The asking price has fallen by 200 € (0.2%) since it was first listed.
Pros and cons
AI summaryPros
- central location
- two terraces
- brick construction
Cons
- walk-through rooms
- needs full renovation
- top floor
Layout
- room
- room
- kitchen
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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