Sale

House in Pleven, Idealen Centyr

PlevenIdealen Centyr
Published: 4 September 2024 Updated: 4 September 2024
Sale200,000 €1,818 €/m²
Expected rent938 € /mo

~46,000 € ABOVE MARKET

overpriced

against the median for houses in Idealen Centyr (28 properties)

Area
110 m²
Land Area
195 m²
Construction
Brick

Yield analysis

Fair investment rating

5.6% / yr
Monthly payment887 €20% down payment · 20 yrs · 3%
Expected rent938 €at market conditions for the neighbourhood

The rent covers 106% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 46,000 € above the typical price (the median) for houses in Idealen Centyr (28 properties) — 1,818 €/m² against 1,400 €/m².

With 20% down over 20 years the monthly mortgage payment is about 887 €, against an expected local rent of 938 €. The rent covers the whole payment (106%).

Source: Market statistics for houses in Idealen Centyr

Details

Category
Residential
Bathrooms
1

Approximate location

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

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