−13% below market
median 935 €/m² for comparable properties
80,000 € 816 €/m²
Rent covers ~ 191% of the payment
~ 679 €/mo rent · pays for itself in ~ 10 yrs
Sale114,000 €1,520 €/m²
Expected rent679 € /mo
~44,000 € ABOVE MARKET
overpriced
against the median for houses in Ruse (344 properties)
Area
75 m²
Land Area
420 m²
Construction
Brick
Year
2007
Yield analysis
Good investment rating
Monthly payment506 €20% down payment · 20 yrs · 3%
Expected rent679 €at market conditions for the neighbourhood
The rent covers 134% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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▲ 3.6% · 4,000 €
- 110,000 €
- 114,000 €▲ 4,000 € (3.6%)
Property analysis
This house is priced about 44,000 € above the typical price (the median) for houses in Ruse (344 properties) — 1,520 €/m² against 935 €/m².
With 20% down over 20 years the monthly mortgage payment is about 506 €, against an expected local rent of 679 €. The rent covers the whole payment (134%).
The asking price has risen by 4,000 € (3.6%) 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.