−12% below market
median 1,498 €/m² for comparable properties
245,000 € 1,324 €/m²
Rent covers ~ 204% of the payment
~ 2,219 €/mo rent · pays for itself in ~ 9 yrs
Sale269,000 €1,793 €/m²
Expected rent2,219 € /mo
~44,500 € ABOVE MARKET
above market
against the median for houses in Markovo (293 properties)
Area
150 m²
Land Area
700 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment1,193 €20% down payment · 20 yrs · 3%
Expected rent2,219 €at market conditions for the neighbourhood
The rent covers 186% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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▼ 3.9% · 11,000 €
- 280,000 €
- 259,000 €▼ 21,000 € (7.5%)
- 269,000 €▲ 10,000 € (3.9%)
Property analysis
This house is priced about 44,500 € above the typical price (the median) for houses in Markovo (293 properties) — 1,793 €/m² against 1,498 €/m².
House in Markovo village, Plovdiv region, located on a detached plot of 700 sq m.
The layout includes three floors: first with a large room and bathroom, second with living room, kitchenette, two terraces and bathroom, third with two bedrooms, two terraces and bathroom. Possibility to convert the bedrooms and use the attic space.
Construction is brick with concrete structure from 1980, the yard is terraced and fenced with fruit trees and decorative plants. There is potential for building a garage or additional structures.
The location is in the urbanized part of the village, on a wide street with parking space, close to the center and in a quiet environment.
The property is suitable for people seeking a spacious home close to nature with options for adaptation according to needs.
With 20% down over 20 years the monthly mortgage payment is about 1,193 €, against an expected local rent of 2,219 €. The rent covers the whole payment (186%).
The asking price has fallen by 11,000 € (3.9%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- large yard
- terraced areas
- panoramic view
Cons
- construction from 1980
- lack of modern amenities
Layout
- large room
- living room
- kitchenette
- bedroom
- bedroom
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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