At market level
median 612 €/m² for comparable properties
15,900 € 611 €/m²
Rent covers ~ 947% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
Sale50,000 €396 €/m²
Expected rent668 € /mo
~27,000 € BELOW MARKET
good value
against the median for houses in Sredna Kula (14 properties)
Area
126 m²
Land Area
495 m²
Construction
Brick
Year
1990
Yield analysis
Strong investment rating
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 301% 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.
Price history
2 changes since listing▼ 10.8% · 7,000 €
- 65,000 €
- 50,000 €▼ 15,000 € (23.1%)
- 58,000 €▲ 8,000 € (16%)
Property analysis
This house is priced about 27,000 € below the typical price (the median) for houses in Sredna Kula (14 properties) — 396 €/m² against 612 €/m².
With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 668 €. The rent covers the whole payment (301%).
The asking price has fallen by 7,000 € (10.8%) since it was first listed.
Details
- Category
- Residential
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
+154% above market
median 612 €/m² for comparable properties
31,000 € 1,550 €/m²
Rent covers ~ 486% of the payment
~ 668 €/mo rent · pays for itself in ~ 4 yrs
At market level
median 612 €/m² for comparable properties
18,406 € 613 €/m²
Rent covers ~ 818% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
At market level
20,000 € 28 €/m²
Rent covers ~ 753% of the payment
~ 668 €/mo rent · pays for itself in ~ 2 yrs
+14% above market
median 612 €/m² for comparable properties
50,000 € 694 €/m²
Rent covers ~ 301% of the payment
~ 668 €/mo rent · pays for itself in ~ 6 yrs
+57% above market
median 612 €/m² for comparable properties
75,000 € 961 €/m²
Rent covers ~ 201% of the payment
~ 668 €/mo rent · pays for itself in ~ 9 yrs
At market level
median 612 €/m² for comparable properties
179,900 € 599 €/m²
Rent covers ~ 84% of the payment
~ 668 €/mo rent · you top up ~ 130 €/mo
−25% below market
median 612 €/m² for comparable properties
27,499 € 458 €/m²
Rent covers ~ 548% of the payment
~ 668 €/mo rent · pays for itself in ~ 3 yrs