Sale

House in Ruse, Novata Mahala

RuseNovata Mahala
Published: 9 January 2026 Updated: 4 September 2026
Sale36,000 €356 €/m²
Expected rent679 € /mo

~68,000 € BELOW MARKET

far below market

against the median for houses in Novata Mahala (10 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
101 m²
Land Area
209 m²
Construction
Brick

Yield analysis

Strong investment rating

22.6% / yr
Monthly payment160 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood

The rent covers 425% 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.

Price history

1 change since listing▼ 19.8% · 8,900 €
  1. 44,900 €23 June 2026Initial price
  2. 36,000 €▼ 8,900 € (19.8%) 2 July 2026Price reducedCurrent

Property analysis

This house is priced about 68,000 € below the typical price (the median) for houses in Novata Mahala (10 properties) — 356 €/m² against 1,031 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 160 €, against an expected local rent of 679 €. The rent covers the whole payment (425%).

The asking price has fallen by 8,900 € (19.8%) since it was first listed.

Source: Market statistics for houses in Novata Mahala

Amenities

  • Needs Renovation

Details

Category
Residential

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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