+82% above market
median 935 €/m² for comparable properties
17,000 € 1,700 €/m²
Rent covers ~ 900% of the payment
~ 679 €/mo rent · pays for itself in ~ 2 yrs
Sale14,500 €362 €/m²
Expected rent679 € /mo
~23,000 € BELOW MARKET
far below market
against the median for houses in Ruse (344 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
40 m²
Land Area
500 m²
Construction
Brick
Year
1990
Yield analysis
Strong investment rating
Monthly payment64 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood
The rent covers 1055% 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 23,000 € below the typical price (the median) for houses in Ruse (344 properties) — 362 €/m² against 935 €/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 64 €, against an expected local rent of 679 €. The rent covers the whole payment (1055%).
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.