−22% below market
median 1,312 €/m² for comparable properties
82,880 € 1,023 €/m²
Rent covers ~ 116% of the payment
~ 428 €/mo rent · pays for itself in ~ 16 yrs
Sale92,700 €1,090 €/m²
Expected rent428 € /mo
~19,000 € BELOW MARKET
good value
against the median for floors of house in Centyr (28 properties)
Area
85 m²
Floor
2 / 2
Construction
Brick
Year
1920
Yield analysis
Fair investment rating
Monthly payment411 €20% down payment · 20 yrs · 3%
Expected rent428 €at market conditions for the neighbourhood
The rent covers 104% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 19,000 € below the typical price (the median) for floors of house in Centyr (28 properties) — 1,090 €/m² against 1,312 €/m².
The property represents the second floor of a house located in the centre of Veliko Tarnovo.
The layout includes a corridor, three separate rooms, kitchen, bathroom with toilet and anteroom, as well as a terrace. The property also includes a spacious attic and basement, along with a large share of land with a shed.
The building is brick, built in 1920, and the property requires renovation to improve its condition and functionality.
The location is convenient for access to urban infrastructure and services, while also offering the possibility to use the adjoining land.
This property is suitable for people looking for a home with potential in a central urban environment but are ready to invest in renovation.
With 20% down over 20 years the monthly mortgage payment is about 411 €, against an expected local rent of 428 €. The rent covers the whole payment (104%).
Pros and cons
AI summaryPros
- central location
- terrace
- basement and attic
- large yard
Cons
- needs renovation
- top floor
Layout
- corridor
- room
- room
- room
- kitchen
Amenities
- Needs Renovation
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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