+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
Sale12,782 €255 €/m²
Expected rent668 € /mo
~46,000 € 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
50 m²
Land Area
1,300 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment57 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 1178% 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.
Property analysis
This house is priced about 46,000 € below the typical price (the median) for houses in Kaseva Cheshma (31 properties) — 255 €/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 57 €, against an expected local rent of 668 €. The rent covers the whole payment (1178%).
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 ~ 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
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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
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median 1,171 €/m² for comparable properties
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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
+52% above market
median 1,171 €/m² for comparable properties
41,000 € 1,782 €/m²
Rent covers ~ 367% of the payment
~ 668 €/mo rent · pays for itself in ~ 5 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