Sale

House in Pleven, Drujba 4

PlevenDrujba 4
Published: 2 June 2022 Updated: 2 June 2022
Sale60,000 €2,000 €/m²
Expected rent938 € /mo

~23,500 € ABOVE MARKET

overpriced

against the median for houses in Pleven (153 properties)

Area
30 m²
Land Area
1,200 m²
Construction
Brick

Yield analysis

Strong investment rating

18.8% / yr
Monthly payment266 €20% down payment · 20 yrs · 3%
Expected rent938 €at market conditions for the neighbourhood

The rent covers 352% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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 23,500 € above the typical price (the median) for houses in Pleven (153 properties) — 2,000 €/m² against 1,219 €/m².

With 20% down over 20 years the monthly mortgage payment is about 266 €, against an expected local rent of 938 €. The rent covers the whole payment (352%).

Source: Market statistics for houses in Pleven

Details

Category
Residential

Approximate location

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