Sale

House in Bankya

Bankya
Published: 2 May 2023 Updated: 2 May 2023
Sale1,250,000 €3,125 €/m²
Expected rent1,871 € /mo

~524,000 € ABOVE MARKET

overpriced

against the median for houses in Bankya (192 properties)

Area
400 m²
Land Area
1,500 m²
Construction
Brick

Yield analysis

Low investment rating

1.8% / yr
Monthly payment5,546 €20% down payment · 20 yrs · 3%
Expected rent1,871 €at market conditions for the neighbourhood

The rent covers 34% of the payment — you top up about 3,675 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 56 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This house is priced about 524,000 € above the typical price (the median) for houses in Bankya (192 properties) — 3,125 €/m² against 1,815 €/m².

With 20% down over 20 years the monthly mortgage payment is about 5,546 €, against an expected local rent of 1,871 €. The rent covers 34% of it.

Source: Market statistics for houses in Bankya

Details

Category
Residential
Bathrooms
3

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

Similar properties nearby

+99% above market

median 1,815 €/m² for comparable properties

880,000 € 3,606 €/m²
  • 244m²
  • 0/3fl.
  • 5offers

Rent covers ~ 48% of the payment

~ 1,871 €/mo rent · you top up ~ 2,033 €/mo