−61% below market
median 1,032 €/m² for comparable properties
35,000 € 406 €/m²
Rent covers ~ 430% of the payment
~ 668 €/mo rent · pays for itself in ~ 4 yrs
Sale135,000 €1,038 €/m²
Expected rent668 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Novata Mahala (10 properties)
Area
130 m²
Land Area
680 m²
Construction
Brick
Year
2008
Yield analysis
Fair investment rating
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 112% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 17 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
4 changes since listing▼ 25% · 45,000 €
- 180,000 €
- 145,000 €▼ 35,000 € (19.4%)
- 145,000 €▲ 0 € (0%)
- 136,000 €▼ 9,000 € (6.2%)
- 135,000 €▼ 1,000 € (0.7%)
Property analysis
This house is priced at the typical price (the median) for houses in Novata Mahala (10 properties) — 1,038 €/m² against 1,032 €/m².
House in the city of Ruse, Novata mahala district, about 5 minutes by car from the centre.
The layout includes two floors with a spacious living room with kitchen area, four bedrooms, two bathrooms with toilets and an additional room used as an office.
The building is brick from 2008 and needs a refresh renovation; it has internet and is partially updated.
The yard is well maintained and tidy, and the area offers convenient access to urban infrastructure.
The property is suitable for family use with a balanced combination of space and location.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 668 €. The rent covers the whole payment (112%).
The asking price has fallen by 45,000 € (25%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- yard
- brick construction
Cons
- needs refresh renovation
Layout
- living room
- bedroom
- bedroom
- bathroom
- toilet
- toilet
- bedroom
- hall
- bathroom
Amenities
- Internet Connection
- Renovated
- Needs Renovation
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+365% above market
median 1,032 €/m² for comparable properties
288,000 € 4,800 €/m²
Rent covers ~ 52% of the payment
~ 668 €/mo rent · you top up ~ 610 €/mo
At market level
median 1,032 €/m² for comparable properties
135,000 € 1,022 €/m²
Rent covers ~ 112% of the payment
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At market level
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