+10% above market
median 1,815 €/m² for comparable properties
900,000 € 2,000 €/m²
Rent covers ~ 47% of the payment
~ 1,871 €/mo rent · you top up ~ 2,122 €/mo
Sale219,500 €3,658 €/m²
Expected rent1,871 € /mo
~110,500 € ABOVE MARKET
overpriced
against the median for houses in Bankya (192 properties)
Area
60 m²
Land Area
900 m²
Construction
Brick
Year
1970
Yield analysis
Strong investment rating
Monthly payment974 €20% down payment · 20 yrs · 3%
Expected rent1,871 €at market conditions for the neighbourhood
The rent covers 192% 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.
Property analysis
This house is priced about 110,500 € above the typical price (the median) for houses in Bankya (192 properties) — 3,658 €/m² against 1,815 €/m².
The property is an old solid villa with an area of 60 sq m, located in Bankya, on Vihren St. The plot has an area of 900 sq m, regular shape and slight slope, fenced and with a 23 m street frontage. The construction is brick from 1970, and the property has electricity and water accounts. The area is quiet, predominantly luxury residential development and suitable for year-round living. The property is suitable for building one or two houses according to the parameters of the zoning area. This feature makes it a functional choice for a family home or an investment with development potential.
With 20% down over 20 years the monthly mortgage payment is about 974 €, against an expected local rent of 1,871 €. The rent covers the whole payment (192%).
Pros and cons
AI summaryPros
- regular shape
- fenced plot
- electricity and water accounts
- potential for new construction
Cons
- old building
- no modern amenities
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,815 €/m² for comparable properties
580,000 € 1,705 €/m²
Rent covers ~ 73% of the payment
~ 1,871 €/mo rent · you top up ~ 702 €/mo
+15% above market
median 1,815 €/m² for comparable properties
520,000 € 2,080 €/m²
Rent covers ~ 81% of the payment
~ 1,871 €/mo rent · you top up ~ 436 €/mo
At market level
median 1,815 €/m² for comparable properties
368,640 € 1,920 €/m²
Rent covers ~ 114% of the payment
~ 1,871 €/mo rent · pays for itself in ~ 16 yrs
−30% below market
median 1,815 €/m² for comparable properties
489,990 € 1,272 €/m²
Rent covers ~ 86% of the payment
~ 1,871 €/mo rent · you top up ~ 303 €/mo
No market valuation
On request
No yield data
Appears once there's enough market data
−36% below market
median 1,815 €/m² for comparable properties
105,000 € 1,166 €/m²
Rent covers ~ 402% of the payment
~ 1,871 €/mo rent · pays for itself in ~ 5 yrs
At market level
median 1,815 €/m² for comparable properties
895,000 € 1,815 €/m²
Rent covers ~ 47% of the payment
~ 1,871 €/mo rent · you top up ~ 2,100 €/mo