At market level
median 1,171 €/m² for comparable properties
119,500 €1,160 €/m²
Rent covers ~ 142% of the payment
~ 753 €/mo rent · pays for itself in ~ 13 yrs
Sale50,000 €714 €/m²
Expected rent753 € /mo
~32,000 € BELOW MARKET
good value
against the median for houses in Kaseva Cheshma (31 properties)
Area
70 m²
Land Area
1,020 m²
Floor
1 / 1
Construction
Modular Construction
Yield analysis
Strong investment rating
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent753 €at market conditions for the neighbourhood
The rent covers 339% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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 32,000 € below the typical price (the median) for houses in Kaseva Cheshma (31 properties) — 714 €/m² against 1,171 €/m².
The house is located at the beginning of the Kaseva Cheshma district in the city of Ruse, on a paved road with street lighting.
The layout includes a dining room with aluminum sliding windows, providing additional comfort during the summer, and a total area of 70 sq m.
The construction is modular, with the property renovated and equipped with electricity, water, and heating via air conditioners and pellet central heating.
The surroundings have permanent residents, and the availability of parking facilitates access and parking.
The property is suitable for family use with amenities for year-round living and moderate maintenance.
With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 753 €. The rent covers the whole payment (339%).
Pros and cons
AI summaryPros
- renovated property
- parking
- internet
- functional layout
Cons
- modular construction
- ground floor
Amenities
- With Parking
- Renovated
- Internet Connection
Details
- Category
- Residential
- Furnishing
- Yes
Location
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