−17% below market
median 2,005 €/m² for comparable properties
400,000 € 1,659 €/m²
Rent covers ~ 125% of the payment
~ 2,217 €/mo rent · pays for itself in ~ 15 yrs
Sale225,000 €3,461 €/m²
Expected rent2,217 € /mo
~94,500 € ABOVE MARKET
overpriced
against the median for houses in Gorna Traka (96 properties)
Area
65 m²
Land Area
576 m²
Construction
Brick
Year
2008
Yield analysis
Strong investment rating
Monthly payment998 €20% down payment · 20 yrs · 3%
Expected rent2,217 €at market conditions for the neighbourhood
The rent covers 222% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 8 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 94,500 € above the typical price (the median) for houses in Gorna Traka (96 properties) — 3,461 €/m² against 2,005 €/m².
With 20% down over 20 years the monthly mortgage payment is about 998 €, against an expected local rent of 2,217 €. The rent covers the whole payment (222%).
Amenities
- With Parking
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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