+48% above market
median 951 €/m² for comparable properties
61,900 € 1,406 €/m²
Rent covers ~ 243% of the payment
~ 668 €/mo rent · pays for itself in ~ 8 yrs
Sale29,900 €1,067 €/m²
Expected rent668 € /mo
~3,500 € ABOVE MARKET
above market
against the median for houses in Ruse (340 properties)
Area
28 m²
Land Area
850 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment133 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 504% 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 3,500 € above the typical price (the median) for houses in Ruse (340 properties) — 1,067 €/m² against 951 €/m².
With 20% down over 20 years the monthly mortgage payment is about 133 €, against an expected local rent of 668 €. The rent covers the whole payment (504%).
Details
- Category
- Residential
Location
Similar properties nearby
At market level
median 951 €/m² for comparable properties
89,000 € 741 €/m²
Rent covers ~ 169% of the payment
~ 668 €/mo rent · pays for itself in ~ 11 yrs
−35% below market
median 951 €/m² for comparable properties
61,999 € 619 €/m²
Rent covers ~ 243% of the payment
~ 668 €/mo rent · pays for itself in ~ 8 yrs
−59% below market
median 951 €/m² for comparable properties
59,000 € 395 €/m²
Rent covers ~ 255% of the payment
~ 668 €/mo rent · pays for itself in ~ 7 yrs