At market level
median 2,833 €/m² for comparable properties
1,300,000 € 2,615 €/m²
Rent covers ~ 52% of the payment
~ 3,001 €/mo rent · you top up ~ 2,767 €/mo
Sale410,000 €3,416 €/m²
Expected rent3,001 € /mo
~70,000 € ABOVE MARKET
overpriced
against the median for houses in Simeonovo (91 properties)
Area
120 m²
Land Area
439 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment1,819 €20% down payment · 20 yrs · 3%
Expected rent3,001 €at market conditions for the neighbourhood
The rent covers 165% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 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 70,000 € above the typical price (the median) for houses in Simeonovo (91 properties) — 3,416 €/m² against 2,833 €/m².
With 20% down over 20 years the monthly mortgage payment is about 1,819 €, against an expected local rent of 3,001 €. The rent covers the whole payment (165%).
Amenities
- With Parking
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 2,833 €/m² for comparable properties
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Rent covers ~ 49% of the payment
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At market level
median 2,833 €/m² for comparable properties
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Rent covers ~ 76% of the payment
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Rent covers ~ 47% of the payment
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At market level
median 2,833 €/m² for comparable properties
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Rent covers ~ 76% of the payment
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