At market level
median 943 €/m² for comparable properties
100,000 € 970 €/m²
Rent covers ~ 151% of the payment
~ 668 €/mo rent · pays for itself in ~ 12 yrs
Sale42,000 €1,050 €/m²
Expected rent668 € /mo
~4,500 € ABOVE MARKET
above market
against the median for houses in Ruse (341 properties)
Area
40 m²
Land Area
1,666 m²
Construction
Wooden Frame
Yield analysis
Strong investment rating
Monthly payment186 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 358% 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.
Price history
2 changes since listing▲ 12% · 4,500 €
- 37,500 €
- 42,500 €▲ 5,000 € (13.3%)
- 42,000 €▼ 500 € (1.2%)
Property analysis
This house is priced about 4,500 € above the typical price (the median) for houses in Ruse (341 properties) — 1,050 €/m² against 943 €/m².
The property is a house with an adjacent plot in the Charodeyka - North district, city of Ruse. The plot has an area of 1666 sq m and has a T-shaped form.
The layout includes a main building with an area of about 40 sq m, built with a wooden frame structure. The property has its own electricity and water connections.
The building is a wooden structure, with no specific information about the year of construction or the condition of the buildings. The property has basic utilities.
The location is in an area with year-round residents, offering a panoramic view of the city and proximity to natural spaces.
This property is suitable for people looking for a spacious plot with potential for residential development in a quiet environment close to the urban area.
With 20% down over 20 years the monthly mortgage payment is about 186 €, against an expected local rent of 668 €. The rent covers the whole payment (358%).
The asking price has risen by 4,500 € (12%) since it was first listed.
Pros and cons
AI summaryPros
- large plot
- panoramic view
- own electricity and water connections
Cons
- small living area
- unclear condition of buildings
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 943 €/m² for comparable properties
40,000 € 930 €/m²
Rent covers ~ 376% of the payment
~ 668 €/mo rent · pays for itself in ~ 5 yrs
−29% below market
median 943 €/m² for comparable properties
300,000 € 666 €/m²
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median 943 €/m² for comparable properties
42,000 € 1,200 €/m²
Rent covers ~ 358% of the payment
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Rent covers ~ 206% of the payment
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