Sale

House in Pleven, Shirok Centyr

PlevenShirok Centyr
Published: 9 August 2024 Updated: 9 August 2024
Sale50,000 €769 €/m²
Expected rent938 € /mo

~25,500 € BELOW MARKET

good value

against the median for houses in Shirok Centyr (14 properties)

Area
65 m²
Land Area
300 m²
Construction
Brick
Year
1980

Yield analysis

Strong investment rating

22.5% / yr
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent938 €at market conditions for the neighbourhood

The rent covers 423% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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 25,500 € below the typical price (the median) for houses in Shirok Centyr (14 properties) — 769 €/m² against 1,158 €/m².

With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 938 €. The rent covers the whole payment (423%).

This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 784 days.

Source: Market statistics for houses in Shirok Centyr

Details

Category
Residential

Approximate location

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

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