At market level
median 1,875 €/m² for comparable properties
450,000 € 1,875 €/m²
Rent covers ~ 99% of the payment
~ 1,982 €/mo rent · you top up ~ 15 €/mo
Sale387,000 €789 €/m²
Expected rent1,982 € /mo
~532,000 € BELOW MARKET
far below market
against the median for houses in Akchelar (63 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
490 m²
Land Area
800 m²
Construction
Brick
Year
1994
Heating
Gas
Yield analysis
Good investment rating
Monthly payment1,717 €20% down payment · 20 yrs · 3%
Expected rent1,982 €at market conditions for the neighbourhood
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 2.8% · 11,000 €
- 398,000 €
- 387,000 €▼ 11,000 € (2.8%)
Property analysis
This house is priced about 532,000 € below the typical price (the median) for houses in Akchelar (63 properties) — 789 €/m² against 1,875 €/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 1,717 €, against an expected local rent of 1,982 €. The rent covers the whole payment (115%).
The asking price has fallen by 11,000 € (2.8%) since it was first listed.
Amenities
- With Parking
- Needs Renovation
Exposure
AI summaryEEast
Morning sun, cooler afternoons
Details
- Category
- Residential
- Bathrooms
- 5
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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median 1,875 €/m² for comparable properties
450,000 € 1,875 €/m²
Rent covers ~ 99% of the payment
~ 1,982 €/mo rent · you top up ~ 15 €/mo
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