−11% below market
median 804 €/m² for comparable properties
120,000 € 714 €/m²
Rent covers ~ 125% of the payment
~ 668 €/mo rent · pays for itself in ~ 15 yrs
Sale89,900 €1,426 €/m²
Expected rent668 € /mo
~39,000 € ABOVE MARKET
overpriced
against the median for houses in Rodina 2 (9 properties)
Area
63 m²
Land Area
233 m²
Floor
0 / 0
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment399 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 167% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 20.4% · 23,100 €
- 113,000 €
- 92,900 €▼ 20,100 € (17.8%)
- 89,900 €▼ 3,000 € (3.2%)
Property analysis
This house is priced about 39,000 € above the typical price (the median) for houses in Rodina 2 (9 properties) — 1,426 €/m² against 804 €/m².
House with an area of 63 sq m, located in the district of Rodina 2 in the city of Ruse. The property is on the ground floor and was built in 1980 from brick.
The layout includes spacious and bright rooms with a functional arrangement, suitable for family use. The interior furnishings have been updated with PVC windows and two air conditioners for heating and cooling.
The building is in good condition, the roof has no leaks, and the renovation allows moving in without additional investments. Heating is provided by air conditioners.
The location is convenient, close to Olympi Panov school, kindergartens, shops, and public transport stops, providing easy access to the center of Ruse.
The property is suitable both for permanent residence and as an investment for rental due to its good location and functionality.
With 20% down over 20 years the monthly mortgage payment is about 399 €, against an expected local rent of 668 €. The rent covers the whole payment (167%).
The asking price has fallen by 23,100 € (20.4%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- ready to move in
- close to school
- PVC windows
Cons
- ground floor
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 804 €/m² for comparable properties
80,000 € 769 €/m²
Rent covers ~ 188% of the payment
~ 668 €/mo rent · pays for itself in ~ 10 yrs
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median 804 €/m² for comparable properties
120,000 € 960 €/m²
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At market level
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median 804 €/m² for comparable properties
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At market level
median 804 €/m² for comparable properties
90,000 € 803 €/m²
Rent covers ~ 167% of the payment
~ 668 €/mo rent · pays for itself in ~ 11 yrs