+204% above market
median 961 €/m² for comparable properties
535,000 € 2,923 €/m²
No yield data
Appears once there's enough market data
Sale780,000 €864 €/m²
~87,000 € BELOW MARKET
good value
against the median for houses in Banya (38 properties)
Area
902 m²
Land Area
3,430 m²
Construction
Brick
Year
2029
Property analysis
This house is priced about 87,000 € below the typical price (the median) for houses in Banya (38 properties) — 864 €/m² against 961 €/m².
The property is a large plot with already started construction of a tourist and SPA complex in Banya village, Blagoevgrad region.
The layout includes four two-storey guest houses, a two-storey residential building, and pools, all at rough construction stage, with approved projects and building permits.
The construction is brick, with planned amenities such as parking and the possibility to build a SPA center with jacuzzi and children's area.
The location is in a mountain environment, suitable for year-round tourism with potential for mineral water, which could increase the attractiveness of the complex.
The property is suitable for investors looking for a project with started construction and opportunity to develop a tourist business in a natural setting.
Pros and cons
AI summaryPros
- started construction
- approved projects
- large area
- parking
Cons
- unfinished construction
Amenities
- With Parking
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
−31% below market
median 961 €/m² for comparable properties
120,000 € 666 €/m²
No yield data
Appears once there's enough market data
At market level
median 961 €/m² for comparable properties
300,000 € 1,000 €/m²
No yield data
Appears once there's enough market data
+55% above market
median 961 €/m² for comparable properties
690,000 € 1,493 €/m²
No yield data
Appears once there's enough market data
At market level
median 961 €/m² for comparable properties
145,000 € 1,035 €/m²
No yield data
Appears once there's enough market data
−35% below market
median 961 €/m² for comparable properties
82,000 € 630 €/m²
No yield data
Appears once there's enough market data
−21% below market
median 961 €/m² for comparable properties
99,000 € 761 €/m²
No yield data
Appears once there's enough market data
+86% above market
median 961 €/m² for comparable properties
125,000 € 1,785 €/m²
No yield data
Appears once there's enough market data