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
Sale31,000 €1,550 €/m²
Expected rent668 € /mo
~19,000 € ABOVE MARKET
overpriced
against the median for houses in Sredna Kula (14 properties)
Area
20 m²
Land Area
724 m²
Construction
Wooden Frame
Yield analysis
Strong investment rating
Monthly payment138 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 486% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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 19,000 € above the typical price (the median) for houses in Sredna Kula (14 properties) — 1,550 €/m² against 612 €/m².
House with an area of 20 sq m, located in the villa zone Sredna kula near the city of Ruse.
The property is single-storey with the possibility for complete renovation or demolition, featuring a large yard of 724 sq m.
The structure is wooden frame, with installed electricity and water connections and new sewage system.
The location is close to an asphalt road and neighbors with permanent residence, providing convenient access and the option for permanent living or vacation use.
Suitable for building a new residential building or a modern prefabricated structure, combining development potential and tranquility close to nature.
With 20% down over 20 years the monthly mortgage payment is about 138 €, against an expected local rent of 668 €. The rent covers the whole payment (486%).
Pros and cons
AI summaryPros
- large yard
- new electricity and water connections
- new sewage system
- asphalt road
Cons
- needs renovation
- small living area
Layout
- room 20 sq m
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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