At market level
median 1,222 €/m² for comparable properties
100,000 € 1,333 €/m²
Rent covers ~ 211% of the payment
~ 938 €/mo rent · pays for itself in ~ 9 yrs
Sale103,900 €1,443 €/m²
Expected rent938 € /mo
~16,000 € ABOVE MARKET
above market
against the median for houses in Pleven (152 properties)
Area
72 m²
Land Area
836 m²
Construction
Brick
Year
2007
Yield analysis
Strong investment rating
Monthly payment461 €20% down payment · 20 yrs · 3%
Expected rent938 €at market conditions for the neighbourhood
The rent covers 203% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 16,000 € above the typical price (the median) for houses in Pleven (152 properties) — 1,443 €/m² against 1,222 €/m².
With 20% down over 20 years the monthly mortgage payment is about 461 €, against an expected local rent of 938 €. The rent covers the whole payment (203%).
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.