+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
Sale15,500 €516 €/m²
Expected rent679 € /mo
~19,500 € BELOW MARKET
far below market
against the median for houses in Kaseva Cheshma (31 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
30 m²
Land Area
1,200 m²
Floor
0 / 0
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment69 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood
The rent covers 987% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 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▼ 31.1% · 7,000 €
- 22,500 €
- 15,500 €▼ 7,000 € (31.1%)
Property analysis
This house is priced about 19,500 € below the typical price (the median) for houses in Kaseva Cheshma (31 properties) — 516 €/m² against 1,171 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 69 €, against an expected local rent of 679 €. The rent covers the whole payment (987%).
The asking price has fallen by 7,000 € (31.1%) 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
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Rent covers ~ 831% of the payment
~ 679 €/mo rent · pays for itself in ~ 2 yrs
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Rent covers ~ 528% of the payment
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Rent covers ~ 1020% of the payment
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Rent covers ~ 437% of the payment
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Rent covers ~ 373% of the payment
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Rent covers ~ 478% of the payment
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