+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
Sale37,000 €1,027 €/m²
Expected rent679 € /mo
~5,000 € BELOW MARKET
good value
against the median for houses in Kaseva Cheshma (31 properties)
Area
36 m²
Land Area
538 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment164 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood
The rent covers 414% 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.
Property analysis
This house is priced about 5,000 € below the typical price (the median) for houses in Kaseva Cheshma (31 properties) — 1,027 €/m² against 1,171 €/m².
Villa with an area of 36 sq m, located in the villa zone Kaseva Cheshma, city of Ruse. The property is solidly built and situated in a quiet area with permanent residents.
The layout is on three levels: the ground floor has a tavern with a storage room and fireplace, the main floor includes a living room with a kitchenette, and the attic floor is arranged as a large bedroom.
The construction is brick, and the villa has electricity, but water supply requires additional investment through connection to a cooperative or a private well.
The property has a flat and spacious yard of 538 sq m, a garage of 11 sq m, and an outdoor oven. The area offers a peaceful atmosphere and easy access by car.
Suitable for people looking for a place to rest near the city with the possibility of renovation according to personal preferences.
With 20% down over 20 years the monthly mortgage payment is about 164 €, against an expected local rent of 679 €. The rent covers the whole payment (414%).
Pros and cons
AI summaryPros
- functional layout
- large yard
- garage
- stone construction
Cons
- needs refreshing
- lack of water supply
Layout
- tavern
- storage room
- bedroom
- living room
- kitchenette
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
+65% above market
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