median 1,480 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 464 €/mo rent · pays for itself in ~ 18 yrs
~88,000 € 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.
Strong investment rating
The rent covers 232% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 88,000 € below the typical price (the median) for floors of house in Centyr (23 properties) — 500 €/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.
The property is a house floor with a separate entrance, located in the centre of Ruse city.
The layout includes an entrance hall, bathroom with toilet, internal staircase, living room, bedroom and kitchen corner with dining area.
The building is constructed with a timber structure and the property is in need of renovation, allowing adaptation according to the future owners' needs.
The location is convenient, close to shops, schools and administrative offices within walking distance.
Suitable for people looking for a home with the possibility of personalisation in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 200 €, against an expected local rent of 464 €. The rent covers the whole payment (232%).
The asking price has fallen by 3,000 € (6.3%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,480 €/m² for comparable properties
Rent covers ~ 102% of the payment
~ 464 €/mo rent · pays for itself in ~ 18 yrs
median 1,480 €/m² for comparable properties
Rent covers ~ 64% of the payment
~ 464 €/mo rent · you top up ~ 259 €/mo
median 1,480 €/m² for comparable properties
Rent covers ~ 50% of the payment
~ 464 €/mo rent · you top up ~ 468 €/mo
median 1,493 €/m² for comparable properties
Rent covers ~ 153% of the payment
~ 781 €/mo rent · pays for itself in ~ 12 yrs
median 1,623 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 469 €/mo rent · you top up ~ 279 €/mo
median 1,480 €/m² for comparable properties
Rent covers ~ 78% of the payment
~ 464 €/mo rent · you top up ~ 130 €/mo
median 1,493 €/m² for comparable properties
Rent covers ~ 49% of the payment
~ 781 €/mo rent · you top up ~ 812 €/mo
median 1,480 €/m² for comparable properties
Rent covers ~ 75% of the payment
~ 464 €/mo rent · you top up ~ 153 €/mo