+144% above market
median 1,181 €/m² for comparable properties
1,728,000 € 2,880 €/m²
Rent covers ~ 20% of the payment
~ 1,505 €/mo rent · you top up ~ 6,162 €/mo
Sale138,000 €1,971 €/m²
Expected rent1,505 € /mo
~55,500 € ABOVE MARKET
overpriced
against the median for houses in Hristo Smirnenski (22 properties)
Area
70 m²
Floor
1 / 1
Construction
Wooden Frame
Year
1960
Yield analysis
Strong investment rating
Monthly payment612 €20% down payment · 20 yrs · 3%
Expected rent1,505 €at market conditions for the neighbourhood
The rent covers 246% 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 55,500 € above the typical price (the median) for houses in Hristo Smirnenski (22 properties) — 1,971 €/m² against 1,181 €/m².
With 20% down over 20 years the monthly mortgage payment is about 612 €, against an expected local rent of 1,505 €. The rent covers the whole payment (246%).
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+144% above market
median 1,181 €/m² for comparable properties
1,728,000 € 2,880 €/m²
Rent covers ~ 20% of the payment
~ 1,505 €/mo rent · you top up ~ 6,162 €/mo
At market level
median 1,181 €/m² for comparable properties
154,999 € 1,107 €/m²
Rent covers ~ 219% of the payment
~ 1,505 €/mo rent · pays for itself in ~ 9 yrs
At market level
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+31% above market
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Rent covers ~ 73% of the payment
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At market level
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269,000 € 1,169 €/m²
Rent covers ~ 126% of the payment
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At market level
median 1,181 €/m² for comparable properties
155,000 € 1,107 €/m²
Rent covers ~ 219% of the payment
~ 1,505 €/mo rent · pays for itself in ~ 9 yrs
At market level
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268,999 € 1,169 €/m²
Rent covers ~ 126% of the payment
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