median 1,312 €/m² for comparable properties
Rent covers ~ 116% of the payment
~ 428 €/mo rent · pays for itself in ~ 16 yrs
~6,500 € BELOW MARKET
good value
against the median for floors of house in Centyr (28 properties)
Good investment rating
The rent covers 134% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 6,500 € below the typical price (the median) for floors of house in Centyr (28 properties) — 1,200 €/m² against 1,312 €/m².
The property is the first floor of a house in the Center of Veliko Tarnovo, close to the post office, Mother Bulgaria monument, and Marno Pole park. It has an independent entrance and three rooms, as well as a separate bathroom and toilet. The layout allows for the creation of two separate studios with individual sanitary units and kitchen areas. Built in 1960 with brick construction, the electrical and plumbing installations have been replaced, PVC windows installed, walls partially insulated, suspended ceiling and terracotta flooring. The property is heated by two air conditioners and has a commercial status with residential electricity. The location is central, near key urban amenities and green spaces. This property is suitable for those seeking a residence or office in the city center with the possibility to adapt it according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 319 €, against an expected local rent of 428 €. The rent covers the whole payment (134%).
The asking price has fallen by 5,000 € (6.5%) since it was first listed.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,312 €/m² for comparable properties
Rent covers ~ 116% of the payment
~ 428 €/mo rent · pays for itself in ~ 16 yrs
median 1,312 €/m² for comparable properties
Rent covers ~ 63% of the payment
~ 428 €/mo rent · you top up ~ 246 €/mo
median 1,312 €/m² for comparable properties
Rent covers ~ 39% of the payment
~ 428 €/mo rent · you top up ~ 681 €/mo
median 1,312 €/m² for comparable properties
Rent covers ~ 37% of the payment
~ 428 €/mo rent · you top up ~ 739 €/mo
median 1,312 €/m² for comparable properties
Rent covers ~ 104% of the payment
~ 428 €/mo rent · pays for itself in ~ 18 yrs
median 1,312 €/m² for comparable properties
Rent covers ~ 52% of the payment
~ 428 €/mo rent · you top up ~ 397 €/mo
median 1,312 €/m² for comparable properties
Rent covers ~ 69% of the payment
~ 428 €/mo rent · you top up ~ 193 €/mo
median 1,312 €/m² for comparable properties
Rent covers ~ 59% of the payment
~ 428 €/mo rent · you top up ~ 300 €/mo