−36% below market
median 3,000 €/m² for comparable properties
405,000 € 1,928 €/m²
Rent covers ~ 199% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 9 yrs
Sale600,000 €2,142 €/m²
Expected rent3,570 € /mo
~240,000 € BELOW MARKET
good value
against the median for houses in Boyana (123 properties)
Area
280 m²
Land Area
470 m²
Construction
Brick
Year
1980
Yield analysis
Good investment rating
Monthly payment2,662 €20% down payment · 20 yrs · 3%
Expected rent3,570 €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.
Property analysis
This house is priced about 240,000 € below the typical price (the median) for houses in Boyana (123 properties) — 2,142 €/m² against 3,000 €/m².
With 20% down over 20 years the monthly mortgage payment is about 2,662 €, against an expected local rent of 3,570 €. The rent covers the whole payment (134%).
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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