median 1,488 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 16 yrs
~104,000 € BELOW MARKET
far below market
against the median for houses in Banevo (36 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Strong investment rating
The rent covers 259% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This house is priced about 104,000 € below the typical price (the median) for houses in Banevo (36 properties) — 890 €/m² against 1,488 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 1,778 €. The rent covers the whole payment (259%).
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,488 €/m² for comparable properties
Rent covers ~ 115% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 16 yrs
median 1,488 €/m² for comparable properties
Rent covers ~ 1145% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 2 yrs
median 1,488 €/m² for comparable properties
Rent covers ~ 70% of the payment
~ 1,778 €/mo rent · you top up ~ 751 €/mo
median 1,488 €/m² for comparable properties
Rent covers ~ 206% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 9 yrs
median 1,488 €/m² for comparable properties
Rent covers ~ 143% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 13 yrs
median 1,488 €/m² for comparable properties
Rent covers ~ 160% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 12 yrs
median 1,488 €/m² for comparable properties
Rent covers ~ 1145% of the payment
~ 1,778 €/mo rent · pays for itself in ~ 2 yrs
median 1,488 €/m² for comparable properties
Rent covers ~ 98% of the payment
~ 1,778 €/mo rent · you top up ~ 41 €/mo