+22% above market
median 1,171 €/m² for comparable properties
21,500 € 1,433 €/m²
Rent covers ~ 712% of the payment
~ 679 €/mo rent · pays for itself in ~ 3 yrs
Sale32,000 €2,000 €/m²
Expected rent679 € /mo
~13,500 € ABOVE MARKET
overpriced
against the median for houses in Kaseva Cheshma (31 properties)
Area
16 m²
Land Area
467 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment142 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood
The rent covers 478% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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▲ 3.2% · 1,000 €
- 31,000 €
- 32,000 €▲ 1,000 € (3.2%)
Property analysis
This house is priced about 13,500 € above the typical price (the median) for houses in Kaseva Cheshma (31 properties) — 2,000 €/m² against 1,171 €/m².
With 20% down over 20 years the monthly mortgage payment is about 142 €, against an expected local rent of 679 €. The rent covers the whole payment (478%).
The asking price has risen by 1,000 € (3.2%) since it was first listed.
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 1,171 €/m² for comparable properties
134,900 € 1,272 €/m²
Rent covers ~ 113% of the payment
~ 679 €/mo rent · pays for itself in ~ 17 yrs
−72% below market
median 1,171 €/m² for comparable properties
18,406 € 328 €/m²
Rent covers ~ 831% of the payment
~ 679 €/mo rent · pays for itself in ~ 2 yrs
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median 1,171 €/m² for comparable properties
28,990 € 1,932 €/m²
Rent covers ~ 528% of the payment
~ 679 €/mo rent · pays for itself in ~ 4 yrs
−87% below market
median 1,171 €/m² for comparable properties
15,000 € 150 €/m²
Rent covers ~ 1020% of the payment
~ 679 €/mo rent · pays for itself in ~ 2 yrs
−50% below market
median 1,171 €/m² for comparable properties
35,000 € 583 €/m²
Rent covers ~ 437% of the payment
~ 679 €/mo rent · pays for itself in ~ 4 yrs
+52% above market
median 1,171 €/m² for comparable properties
41,000 € 1,782 €/m²
Rent covers ~ 373% of the payment
~ 679 €/mo rent · pays for itself in ~ 5 yrs
−64% below market
median 1,171 €/m² for comparable properties
31,999 € 426 €/m²
Rent covers ~ 478% of the payment
~ 679 €/mo rent · pays for itself in ~ 4 yrs