+22% above market
median 1,171 €/m² for comparable properties
21,500 € 1,433 €/m²
Rent covers ~ 700% of the payment
~ 668 €/mo rent · pays for itself in ~ 3 yrs
Sale41,000 €1,782 €/m²
Expected rent668 € /mo
~14,000 € ABOVE MARKET
overpriced
against the median for houses in Kaseva Cheshma (31 properties)
Area
23 m²
Land Area
498 m²
Construction
Brick
Year
1990
Yield analysis
Strong investment rating
Monthly payment182 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 367% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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▼ 8.9% · 4,000 €
- 45,000 €
- 41,000 €▼ 4,000 € (8.9%)
Property analysis
This house is priced about 14,000 € above the typical price (the median) for houses in Kaseva Cheshma (31 properties) — 1,782 €/m² against 1,171 €/m².
With 20% down over 20 years the monthly mortgage payment is about 182 €, against an expected local rent of 668 €. The rent covers the whole payment (367%).
This property is advertised in 2 offers, all from the same agency. The gap between the cheapest and the dearest is 5,000 €. It has been listed for 357 days. The asking price has fallen by 4,000 € (8.9%) since it was first listed.
Details
- Category
- Residential
- Furnishing
- Yes
Location
Similar properties nearby
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
−72% below market
median 1,171 €/m² for comparable properties
18,406 € 328 €/m²
Rent covers ~ 818% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
+65% above market
median 1,171 €/m² for comparable properties
28,990 € 1,932 €/m²
Rent covers ~ 519% of the payment
~ 668 €/mo rent · pays for itself in ~ 4 yrs
−87% below market
median 1,171 €/m² for comparable properties
15,000 € 150 €/m²
Rent covers ~ 1004% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
−50% below market
median 1,171 €/m² for comparable properties
35,000 € 583 €/m²
Rent covers ~ 430% of the payment
~ 668 €/mo rent · pays for itself in ~ 4 yrs
−64% below market
median 1,171 €/m² for comparable properties
31,999 € 426 €/m²
Rent covers ~ 471% of the payment
~ 668 €/mo rent · pays for itself in ~ 4 yrs
−52% below market
median 1,171 €/m² for comparable properties
113,000 € 565 €/m²
Rent covers ~ 133% of the payment
~ 668 €/mo rent · pays for itself in ~ 14 yrs