+118% above market
median 2,828 €/m² for comparable properties
555,000 € 6,166 €/m²
Rent covers ~ 121% of the payment
~ 2,978 €/mo rent · pays for itself in ~ 16 yrs
Sale980,000 €1,633 €/m²
Expected rent2,978 € /mo
~717,000 € BELOW MARKET
far below market
against the median for houses in Simeonovo (91 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
600 m²
Land Area
1,000 m²
Floor
3 / 3
Construction
Brick
Heating
Gas
Yield analysis
Low investment rating
Monthly payment4,348 €20% down payment · 20 yrs · 3%
Expected rent2,978 €at market conditions for the neighbourhood
The rent covers 68% of the payment — you top up about 1,370 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▼ 18.3% · 220,000 €
- 1,200,000 €
- 1,200,000 €▲ 0 € (0%)
- 980,000 €▼ 220,000 € (18.3%)
- 980,000 €▲ 0 € (0%)
Property analysis
This house is priced about 717,000 € below the typical price (the median) for houses in Simeonovo (91 properties) — 1,633 €/m² against 2,828 €/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 4,348 €, against an expected local rent of 2,978 €. The rent covers 68% of it.
This property is advertised in 2 offers, all from the same agency. All offers are at the same price. It has been listed for 483 days. The asking price has fallen by 220,000 € (18.3%) since it was first listed.
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
+25% above market
median 2,828 €/m² for comparable properties
2,300,000 € 3,538 €/m²
Rent covers ~ 29% of the payment
~ 2,978 €/mo rent · you top up ~ 7,227 €/mo
+37% above market
median 2,828 €/m² for comparable properties
1,450,000 € 3,866 €/m²
Rent covers ~ 46% of the payment
~ 2,978 €/mo rent · you top up ~ 3,455 €/mo
At market level
median 2,828 €/m² for comparable properties
890,000 € 2,908 €/m²
Rent covers ~ 75% of the payment
~ 2,978 €/mo rent · you top up ~ 971 €/mo
−17% below market
median 2,828 €/m² for comparable properties
599,900 € 2,352 €/m²
Rent covers ~ 112% of the payment
~ 2,978 €/mo rent · pays for itself in ~ 17 yrs
−34% below market
median 2,828 €/m² for comparable properties
930,000 € 1,871 €/m²
Rent covers ~ 72% of the payment
~ 2,978 €/mo rent · you top up ~ 1,148 €/mo
+27% above market
median 2,828 €/m² for comparable properties
900,000 € 3,600 €/m²
Rent covers ~ 75% of the payment
~ 2,978 €/mo rent · you top up ~ 1,015 €/mo
−9% below market
median 2,828 €/m² for comparable properties
1,080,000 € 2,571 €/m²
Rent covers ~ 62% of the payment
~ 2,978 €/mo rent · you top up ~ 1,814 €/mo