At market level
median 951 €/m² for comparable properties
102,999 € 980 €/m²
Rent covers ~ 146% of the payment
~ 668 €/mo rent · pays for itself in ~ 13 yrs
Sale24,000 €1,600 €/m²
Expected rent668 € /mo
~9,500 € ABOVE MARKET
overpriced
against the median for houses in Ruse (340 properties)
Area
15 m²
Land Area
50 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment106 €20% down payment · 20 yrs · 3%
Expected rent668 €at market conditions for the neighbourhood
The rent covers 627% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 3 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▲ 9.1% · 2,000 €
- 22,000 €
- 23,000 €▲ 1,000 € (4.5%)
- 24,000 €▲ 1,000 € (4.3%)
Property analysis
This house is priced about 9,500 € above the typical price (the median) for houses in Ruse (340 properties) — 1,600 €/m² against 951 €/m².
With 20% down over 20 years the monthly mortgage payment is about 106 €, against an expected local rent of 668 €. The rent covers the whole payment (627%).
The asking price has risen by 2,000 € (9.1%) since it was first listed.
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 951 €/m² for comparable properties
103,000 € 971 €/m²
Rent covers ~ 146% of the payment
~ 668 €/mo rent · pays for itself in ~ 13 yrs