−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
Sale347,000 €630 €/m²
Expected rent3,570 € /mo
~1,303,000 € BELOW MARKET
far below market
against the median for houses in Boyana (123 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
550 m²
Land Area
1,386 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment1,540 €20% down payment · 20 yrs · 3%
Expected rent3,570 €at market conditions for the neighbourhood
The rent covers 232% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 1,303,000 € below the typical price (the median) for houses in Boyana (123 properties) — 630 €/m² against 3,000 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 1,540 €, against an expected local rent of 3,570 €. The rent covers the whole payment (232%).
Details
- Category
- Residential
- Bathrooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 3,000 €/m² for comparable properties
600,000 € 2,941 €/m²
Rent covers ~ 134% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 14 yrs
−11% below market
median 3,000 €/m² for comparable properties
620,000 € 2,672 €/m²
Rent covers ~ 130% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 14 yrs
−12% below market
median 3,000 €/m² for comparable properties
780,000 € 2,644 €/m²
Rent covers ~ 103% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 18 yrs
−43% below market
median 3,000 €/m² for comparable properties
427,927 € 1,725 €/m²
Rent covers ~ 188% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 10 yrs
−56% below market
median 3,000 €/m² for comparable properties
700,000 € 1,320 €/m²
Rent covers ~ 115% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 16 yrs
At market level
median 2,514 €/m² for comparable properties
1,550,000 € 2,384 €/m²
Rent covers ~ 44% of the payment
~ 3,001 €/mo rent · you top up ~ 3,876 €/mo
−39% below market
median 3,000 €/m² for comparable properties
600,000 € 1,507 €/m²
Rent covers ~ 134% of the payment
~ 3,570 €/mo rent · pays for itself in ~ 14 yrs