+40% above market
median 1,069 €/m² for comparable properties
210,000 € 1,500 €/m²
Rent covers ~ 73% of the payment
~ 679 €/mo rent · you top up ~ 253 €/mo
Sale52,499 €1,499 €/m²
Expected rent679 € /mo
~15,000 € ABOVE MARKET
overpriced
against the median for houses in Shirok Centyr (26 properties)
Area
35 m²
Land Area
50 m²
Construction
Brick
Year
1950
Yield analysis
Strong investment rating
Monthly payment233 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood
The rent covers 292% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 15,000 € above the typical price (the median) for houses in Shirok Centyr (26 properties) — 1,499 €/m² against 1,069 €/m².
House with an area of 35 sq m, located in Shirok Tsentar, Ruse on Nikolaevska St.
The layout includes two rooms and an internal bathroom, providing basic functionality for a small household.
The building is brick construction, built in 1950, which implies a need for maintenance and possible repairs.
The location is in an urban area with convenient access to infrastructure and services, suitable for those seeking proximity to the centre.
The property is suitable for a family or as an investment given its compact size and urban location.
With 20% down over 20 years the monthly mortgage payment is about 233 €, against an expected local rent of 679 €. The rent covers the whole payment (292%).
Pros and cons
AI summaryPros
- brick construction
- two separate rooms
- central location
Cons
- small area
- possible need for renovation
Layout
- room
- room
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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