+23% above market
median 2,437 €/m² for comparable properties
239,000 € 2,987 €/m²
Rent covers ~ 187% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 10 yrs
Sale478,000 €2,162 €/m²
Expected rent1,979 € /mo
~60,500 € BELOW MARKET
good value
against the median for houses in Pancharevo (95 properties)
Area
221 m²
Land Area
500 m²
Construction
Brick
Year
2008
Heating
Local Heating
Yield analysis
Fair investment rating
Monthly payment2,121 €20% down payment · 20 yrs · 3%
Expected rent1,979 €at market conditions for the neighbourhood
The rent covers 93% of the payment — you top up about 142 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
5 changes since listing▼ 4.2% · 21,000 €
- 499,000 €
- 499,000 €▲ 0 € (0%)
- 497,000 €▼ 2,000 € (0.4%)
- 480,000 €▼ 17,000 € (3.4%)
- 480,000 €▲ 0 € (0%)
- 478,000 €▼ 2,000 € (0.4%)
Property analysis
This house is priced about 60,500 € below the typical price (the median) for houses in Pancharevo (95 properties) — 2,162 €/m² against 2,437 €/m².
With 20% down over 20 years the monthly mortgage payment is about 2,121 €, against an expected local rent of 1,979 €. The rent covers 93% of it.
This property is advertised in 2 offers from 2 different sellers. The gap between the cheapest and the dearest is 2,000 €. It has been listed for 426 days. The asking price has fallen by 21,000 € (4.2%) since it was first listed.
Details
- Category
- Residential
- Bathrooms
- 3
- Furnishing
- Yes
Location
Similar properties nearby
At market level
median 2,437 €/m² for comparable properties
585,789 € 2,333 €/m²
Rent covers ~ 76% of the payment
~ 1,979 €/mo rent · you top up ~ 620 €/mo
At market level
median 2,437 €/m² for comparable properties
609,600 € 2,419 €/m²
Rent covers ~ 73% of the payment
~ 1,979 €/mo rent · you top up ~ 726 €/mo
−21% below market
median 2,437 €/m² for comparable properties
355,000 € 1,929 €/m²
Rent covers ~ 126% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 15 yrs
At market level
median 2,437 €/m² for comparable properties
616,480 € 2,446 €/m²
Rent covers ~ 72% of the payment
~ 1,979 €/mo rent · you top up ~ 756 €/mo
At market level
median 2,437 €/m² for comparable properties
800,000 € 2,305 €/m²
Rent covers ~ 56% of the payment
~ 1,979 €/mo rent · you top up ~ 1,570 €/mo
+40% above market
median 2,437 €/m² for comparable properties
680,000 € 3,400 €/m²
Rent covers ~ 66% of the payment
~ 1,979 €/mo rent · you top up ~ 1,038 €/mo
At market level
median 2,437 €/m² for comparable properties
636,400 € 2,447 €/m²
Rent covers ~ 70% of the payment
~ 1,979 €/mo rent · you top up ~ 845 €/mo