+146% above market
median 1,111 €/m² for comparable properties
235,000 € 2,732 €/m²
Rent covers ~ 35% of the payment
~ 360 €/mo rent · you top up ~ 683 €/mo
Sale42,000 €700 €/m²
Expected rent360 € /mo
~24,500 € BELOW MARKET
good value
against the median for floors of house in Stara Chast (11 properties)
Area
60 m²
Construction
Wooden Frame
Yield analysis
Strong investment rating
Monthly payment186 €20% down payment · 20 yrs · 3%
Expected rent360 €at market conditions for the neighbourhood
The rent covers 193% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▼ 25% · 15,000 €
- 60,000 €
- 50,000 €▼ 10,000 € (16.7%)
- 42,000 €▼ 8,000 € (16%)
- 45,000 €▲ 3,000 € (7.1%)
Property analysis
This floor of House is priced about 24,500 € below the typical price (the median) for floors of house in Stara Chast (11 properties) — 700 €/m² against 1,111 €/m².
Floor of a house in the city of Veliko Tarnovo, located in the historic Old Town. The property includes four rooms, a bathroom with toilet, and a basement, with access to shared parts of the yard. The layout is functional, suitable for various needs, including rental. The construction is wooden frame, which implies the need for maintenance and possible renovation of some elements. The location is quiet and peaceful, with the possibility of free parking nearby. A suitable choice for use as a long-term residence or short-term rental in a central urban area.
With 20% down over 20 years the monthly mortgage payment is about 186 €, against an expected local rent of 360 €. The rent covers the whole payment (193%).
The asking price has fallen by 15,000 € (25%) since it was first listed.
Source: Market statistics for floors of house in Stara Chast
Pros and cons
AI summaryPros
- functional layout
- quiet location
- yard access
- parking possibility
Cons
- wooden construction
- lack of detailed information on amenities
Layout
- room
- room
- room
- room
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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