At market level
median 1,032 €/m² for comparable properties
135,000 € 1,038 €/m²
Rent covers ~ 112% of the payment
~ 668 €/mo rent · pays for itself in ~ 17 yrs
Sale288,000 €4,800 €/m²
Expected rent668 € /mo
~226,000 € ABOVE MARKET
overpriced
against the median for houses in Novata Mahala (10 properties)
Area
60 m²
Land Area
2,000 m²
Construction
Wooden Frame
Year
1980
Yield analysis
Low investment rating
Monthly payment1,278 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 52% of the payment — you top up about 610 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 36 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▼ 7.1% · 22,000 €
- 310,000 €
- 288,000 €▼ 22,000 € (7.1%)
Property analysis
This house is priced about 226,000 € above the typical price (the median) for houses in Novata Mahala (10 properties) — 4,800 €/m² against 1,032 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,278 €, against an expected local rent of 668 €. The rent covers 52% of it.
The asking price has fallen by 22,000 € (7.1%) since it was first listed.
Exposure
AI summaryWWest
Afternoon and evening sun
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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