+314% above market
median 2,059 €/m² for comparable properties
1,380,000 € 7,840 €/m²
Rent covers ~ 29% of the payment
~ 1,756 €/mo rent · you top up ~ 4,367 €/mo
Sale265,000 €2,650 €/m²
Expected rent1,756 € /mo
~59,000 € ABOVE MARKET
overpriced
against the median for houses in Gorna Banya (44 properties)
Area
100 m²
Land Area
855 m²
Construction
Brick
Year
1960
Yield analysis
Good investment rating
Monthly payment1,176 €20% down payment · 20 yrs · 3%
Expected rent1,756 €at market conditions for the neighbourhood
The rent covers 149% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 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 59,000 € above the typical price (the median) for houses in Gorna Banya (44 properties) — 2,650 €/m² against 2,059 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,176 €, against an expected local rent of 1,756 €. The rent covers the whole payment (149%).
Amenities
- Needs Renovation
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
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median 2,059 €/m² for comparable properties
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Rent covers ~ 132% of the payment
~ 1,756 €/mo rent · pays for itself in ~ 14 yrs
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At market level
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465,000 € 1,953 €/m²
Rent covers ~ 85% of the payment
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At market level
median 2,059 €/m² for comparable properties
465,000 € 1,953 €/m²
Rent covers ~ 85% of the payment
~ 1,756 €/mo rent · you top up ~ 307 €/mo
At market level
median 2,059 €/m² for comparable properties
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Rent covers ~ 24% of the payment
~ 1,756 €/mo rent · you top up ~ 5,565 €/mo
At market level
median 2,059 €/m² for comparable properties
320,000 € 2,000 €/m²
Rent covers ~ 124% of the payment
~ 1,756 €/mo rent · pays for itself in ~ 15 yrs