Sale

House in Pleven, 9-Ti Kvartal

Pleven9-Ti Kvartal
Published: 2 August 2024 Updated: 2 August 2024
Sale85,000 €1,307 €/m²
Expected rent938 € /mo

~12,000 € BELOW MARKET

good value

against the median for houses in 9-Ti Kvartal (29 properties)

Area
65 m²
Land Area
60 m²
Construction
Brick
Year
1980

Yield analysis

Strong investment rating

13.2% / yr
Monthly payment377 €20% down payment · 20 yrs · 3%
Expected rent938 €at market conditions for the neighbourhood

The rent covers 249% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 12,000 € below the typical price (the median) for houses in 9-Ti Kvartal (29 properties) — 1,307 €/m² against 1,493 €/m².

With 20% down over 20 years the monthly mortgage payment is about 377 €, against an expected local rent of 938 €. The rent covers the whole payment (249%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 791 days.

Source: Market statistics for houses in 9-Ti Kvartal

Details

Category
Residential

Approximate location

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

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