At market level
median 1,000 €/m² for comparable properties
100,000 € 1,000 €/m²
Rent covers ~ 151% of the payment
~ 668 €/mo rent · pays for itself in ~ 12 yrs
Sale14,000 €388 €/m²
Expected rent668 € /mo
~22,000 € BELOW MARKET
far below market
against the median for houses in Lipaka (8 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
36 m²
Land Area
488 m²
Construction
Wooden Frame
Yield analysis
Strong investment rating
Monthly payment62 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 1075% 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▼ 15.2% · 2,500 €
- 16,500 €
- 14,000 €▼ 2,500 € (15.2%)
Property analysis
This house is priced about 22,000 € below the typical price (the median) for houses in Lipaka (8 properties) — 388 €/m² against 1,000 €/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 62 €, against an expected local rent of 668 €. The rent covers the whole payment (1075%).
The asking price has fallen by 2,500 € (15.2%) 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.
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median 1,000 €/m² for comparable properties
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Rent covers ~ 753% of the payment
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