−77% below market
median 1,232 €/m² for comparable properties
25,800 € 286 €/m²
No yield data
Appears once there's enough market data
Sale45,000 €523 €/m²
Expected rent523 € /mo
~61,000 € BELOW MARKET
far below market
against the median for floors of house in Shirok Centyr (10 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
86 m²
Floor
1 / 2
Construction
Brick
Year
1920
Heating
Gas
Yield analysis
Strong investment rating
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent523 €at market conditions for the neighbourhood
The rent covers 262% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 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▼ 4.3% · 2,000 €
- 47,000 €
- 45,000 €▼ 2,000 € (4.3%)
Property analysis
This floor of House is priced about 61,000 € below the typical price (the median) for floors of house in Shirok Centyr (10 properties) — 523 €/m² against 1,232 €/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 three-room apartment with an area of 86 sq m, located in the city of Ruse, Shirok Tsentar district, near the Dentistry.
The layout includes two rooms, a kitchen, two corridors and an entrance hall, with a basement of 18 sq m and a separate entrance.
The building is brick from 1920, on the ground floor of a two-storey structure; the window frames and electrical installation have been replaced, drywall has been installed.
The location is close to the city centre with convenient access to urban infrastructure and services.
The property is suitable for family living with the possibility for renovation and adaptation according to the needs of the new owner.
With 20% down over 20 years the monthly mortgage payment is about 200 €, against an expected local rent of 523 €. The rent covers the whole payment (262%).
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 89 days. The asking price has fallen by 2,000 € (4.3%) since it was first listed.
Source: Market statistics for floors of house in Shirok Centyr
Pros and cons
AI summaryPros
- separately divided yard
- separate entrance
- replaced window frames
- 18 sq m basement
Cons
- needs renovation
- old construction
- ground floor
Layout
- room
- room
- kitchen
- corridor
- corridor
- entrance hall
- basement
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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