+94% above market
median 1,483 €/m² for comparable properties
224,000 € 2,986 €/m²
Rent covers ~ 151% of the payment
~ 1,505 €/mo rent · pays for itself in ~ 12 yrs
Sale1,090,000 €1,956 €/m²
Expected rent1,505 € /mo
~264,000 € ABOVE MARKET
overpriced
against the median for houses in Plovdiv (443 properties)
Area
557 m²
Land Area
218 m²
Floor
4 / 4
Construction
Brick
Year
2009
Yield analysis
Low investment rating
Monthly payment4,836 €20% down payment · 20 yrs · 3%
Expected rent1,505 €at market conditions for the neighbourhood
The rent covers 31% of the payment — you top up about 3,331 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 60 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 264,000 € above the typical price (the median) for houses in Plovdiv (443 properties) — 1,956 €/m² against 1,483 €/m².
With 20% down over 20 years the monthly mortgage payment is about 4,836 €, against an expected local rent of 1,505 €. The rent covers 31% of it.
Details
- Category
- Residential
- Bathrooms
- 5