+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
Sale215,000 €702 €/m²
Expected rent1,756 € /mo
~415,000 € BELOW MARKET
far below market
against the median for houses in Gorna Banya (44 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
306 m²
Land Area
53 m²
Construction
Modular Construction
Year
2000
Yield analysis
Strong investment rating
Monthly payment954 €20% down payment · 20 yrs · 3%
Expected rent1,756 €at market conditions for the neighbourhood
The rent covers 184% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 415,000 € below the typical price (the median) for houses in Gorna Banya (44 properties) — 702 €/m² against 2,059 €/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 954 €, against an expected local rent of 1,756 €. The rent covers the whole payment (184%).
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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At market level
median 2,059 €/m² for comparable properties
465,000 € 1,953 €/m²
Rent covers ~ 85% of the payment
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At market level
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At market level
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