At market level
median 943 €/m² for comparable properties
89,000 € 741 €/m²
Rent covers ~ 169% of the payment
~ 668 €/mo rent · pays for itself in ~ 11 yrs
Sale61,900 €1,406 €/m²
Expected rent668 € /mo
~20,500 € ABOVE MARKET
overpriced
against the median for houses in Ruse (341 properties)
Area
44 m²
Land Area
1,273 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment275 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 243% 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.
Price history
1 change since listing▼ 3.1% · 1,900 €
- 61,900 €
- 60,000 €▼ 1,900 € (3.1%)
Property analysis
This house is priced about 20,500 € above the typical price (the median) for houses in Ruse (341 properties) — 1,406 €/m² against 943 €/m².
With 20% down over 20 years the monthly mortgage payment is about 275 €, against an expected local rent of 668 €. The rent covers the whole payment (243%).
The asking price has fallen by 1,900 € (3.1%) since it was first listed.
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+13% above market
median 943 €/m² for comparable properties
29,900 € 1,067 €/m²
Rent covers ~ 504% of the payment
~ 668 €/mo rent · pays for itself in ~ 4 yrs
−34% below market
median 943 €/m² for comparable properties
61,999 € 619 €/m²
Rent covers ~ 243% of the payment
~ 668 €/mo rent · pays for itself in ~ 8 yrs
−58% below market
median 943 €/m² for comparable properties
59,000 € 395 €/m²
Rent covers ~ 255% of the payment
~ 668 €/mo rent · pays for itself in ~ 7 yrs