+42% above market
median 655 €/m² for comparable properties
56,000 € 933 €/m²
Rent covers ~ 273% of the payment
~ 679 €/mo rent · pays for itself in ~ 7 yrs
Sale45,000 €642 €/m²
Expected rent679 € /mo
AT MARKET LEVEL
fairly priced
against the median for houses in Sredna Kula (22 properties)
Area
70 m²
Land Area
522 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood
The rent covers 340% 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.
Price history
2 changes since listing▼ 18.2% · 10,000 €
- 55,000 €
- 57,000 €▲ 2,000 € (3.6%)
- 45,000 €▼ 12,000 € (21.1%)
Property analysis
This house is priced at the typical price (the median) for houses in Sredna Kula (22 properties) — 642 €/m² against 655 €/m².
House in the Sredna kula district, city of Ruse, located on an asphalt street. The property includes a main building and additional structures on a fenced plot of 522 sq m.
The layout consists of two bedrooms, a kitchenette, and a bathroom, with a summer kitchen and workshop as well. The interior space is functional, but the furnishings are old and require updating.
The construction is brick from 1980, the roof is in good condition, ensuring structural stability. The property has the necessary utilities and amenities.
The location offers convenient access and a quiet environment suitable for family living, with the area being urbanized and having good infrastructure.
The property is suitable for those looking for an opportunity to renovate and adapt according to personal needs in an urban setting.
With 20% down over 20 years the monthly mortgage payment is about 200 €, against an expected local rent of 679 €. The rent covers the whole payment (340%).
The asking price has fallen by 10,000 € (18.2%) since it was first listed.
Pros and cons
AI summaryPros
- fenced yard
- asphalt street
- brick construction
- additional structures
Cons
- old furnishings
- needs renovation
Amenities
- With Transition
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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No market valuation
On request
No yield data
Appears once there's enough market data
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