+58% above market
median 1,152 €/m² for comparable properties
100,000 € 1,818 €/m²
Rent covers ~ 707% of the payment
~ 3,139 €/mo rent · pays for itself in ~ 3 yrs
Sale90,000 €1,285 €/m²
Expected rent3,139 € /mo
~9,500 € ABOVE MARKET
above market
against the median for houses in Hristo Botev (8 properties)
Area
70 m²
Land Area
205 m²
Floor
0 / 1
Construction
Wooden Frame
Year
1950
Yield analysis
Strong investment rating
Monthly payment399 €20% down payment · 20 yrs · 3%
Expected rent3,139 €at market conditions for the neighbourhood
The rent covers 786% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 2 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 9,500 € above the typical price (the median) for houses in Hristo Botev (8 properties) — 1,285 €/m² against 1,152 €/m².
With 20% down over 20 years the monthly mortgage payment is about 399 €, against an expected local rent of 3,139 €. The rent covers the whole payment (786%).
Details
- Category
- Residential
- Furnishing
- Yes
Location
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