+40% above market
median 2,428 €/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
Sale750,000 €840 €/m²
Expected rent1,979 € /mo
~1,416,000 € BELOW MARKET
far below market
against the median for houses in Pancharevo (94 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
892 m²
Land Area
838 m²
Construction
Brick
Yield analysis
Low investment rating
Monthly payment3,328 €20% down payment · 20 yrs · 3%
Expected rent1,979 €at market conditions for the neighbourhood
The rent covers 59% of the payment — you top up about 1,349 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 32 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This house is priced about 1,416,000 € below the typical price (the median) for houses in Pancharevo (94 properties) — 840 €/m² against 2,428 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
The house is located in Pancharevo village, in the Recreation Zone area, about 50 m from the lake and close to Samokovsko Shose.
The layout includes two above-ground floors, an attic floor, a bright basement, and a flat roof suitable for installing solar collectors and photovoltaics.
The building is constructed with brick and is at Act 14 stage, with internal plaster and German five-chamber REHAU windows with triple glazing.
The location offers tranquility, sunny aspect, and views of the lake and forest, with a plot area of 838 sq m.
The property is suitable for people seeking a spacious home close to nature with the possibility to finish according to their own taste and needs.
With 20% down over 20 years the monthly mortgage payment is about 3,328 €, against an expected local rent of 1,979 €. The rent covers 59% of it.
Pros and cons
AI summaryPros
- large floor area
- German REHAU windows
- sunny aspect
- lake view
Cons
- at Act 14
- unfinished renovation
Details
- Category
- Residential
Location
Similar properties nearby
At market level
median 2,428 €/m² for comparable properties
636,400 € 2,447 €/m²
Rent covers ~ 70% of the payment
~ 1,979 €/mo rent · you top up ~ 845 €/mo
+70% above market
median 2,428 €/m² for comparable properties
349,999 € 4,117 €/m²
Rent covers ~ 127% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 15 yrs
At market level
median 2,428 €/m² for comparable properties
49,000 € 2,450 €/m²
Rent covers ~ 910% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 2 yrs
−58% below market
median 2,428 €/m² for comparable properties
145,700 € 1,018 €/m²
Rent covers ~ 306% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 6 yrs
+10% above market
median 2,428 €/m² for comparable properties
385,000 € 2,673 €/m²
Rent covers ~ 116% of the payment
~ 1,979 €/mo rent · pays for itself in ~ 16 yrs
−11% below market
median 2,428 €/m² for comparable properties
672,000 € 2,153 €/m²
Rent covers ~ 66% of the payment
~ 1,979 €/mo rent · you top up ~ 1,003 €/mo
+15% above market
median 2,428 €/m² for comparable properties
730,000 € 2,796 €/m²
Rent covers ~ 61% of the payment
~ 1,979 €/mo rent · you top up ~ 1,260 €/mo