Sale

Floor of House in Veliko Tyrnovo, Asenov

Veliko TyrnovoAsenov
Published: 9 October 2023 Updated: 9 October 2023
Sale65,000 €650 €/m²
Expected rent360 € /mo

~66,000 € BELOW MARKET

far below market

against the median for floors of house in Asenov (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
100 m²
Construction
Brick

Yield analysis

Good investment rating

6.6% / yr
Monthly payment288 €20% down payment · 20 yrs · 3%
Expected rent360 €at market conditions for the neighbourhood

The rent covers 125% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 15 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 66,000 € below the typical price (the median) for floors of house in Asenov (10 properties) — 650 €/m² against 1,308 €/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 288 €, against an expected local rent of 360 €. The rent covers the whole payment (125%).

Source: Market statistics for floors of house in Asenov

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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