At market level
median 1,171 €/m² for comparable properties
134,900 € 1,272 €/m²
Rent covers ~ 112% of the payment
~ 668 €/mo rent · pays for itself in ~ 17 yrs
Sale21,500 €1,433 €/m²
Expected rent668 € /mo
~4,000 € ABOVE MARKET
overpriced
against the median for houses in Kaseva Cheshma (31 properties)
Area
15 m²
Land Area
500 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment95 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 700% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 3 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 4,000 € above the typical price (the median) for houses in Kaseva Cheshma (31 properties) — 1,433 €/m² against 1,171 €/m².
The property is located in the city of Ruse, Kaseva Cheshma residential area, Orta Byulyuk locality. It consists of a land plot of 500 sq m and a built structure of 15 sq m.
The layout is compact, as the building is small and suitable for storage or temporary stay.
The construction is brick, with available electricity and water, providing basic amenities.
The location is in an agricultural zone, which suggests a quieter environment and proximity to nature.
The property is suitable for use as additional space or a small building in an agricultural area.
With 20% down over 20 years the monthly mortgage payment is about 95 €, against an expected local rent of 668 €. The rent covers the whole payment (700%).
Pros and cons
AI summaryPros
- electricity and water available
- brick construction
- large land plot
Cons
- small built-up area
- agricultural designation
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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