At market level
median 1,600 €/m² for comparable properties
165,000 € 1,500 €/m²
Rent covers ~ 246% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 8 yrs
Sale120,000 €2,000 €/m²
Expected rent1,799 € /mo
~24,000 € ABOVE MARKET
overpriced
against the median for houses in Manastirski Rid (71 properties)
Area
60 m²
Land Area
706 m²
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent1,799 €at market conditions for the neighbourhood
The rent covers 338% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 6 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 24,000 € above the typical price (the median) for houses in Manastirski Rid (71 properties) — 2,000 €/m² against 1,600 €/m².
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 1,799 €. The rent covers the whole payment (338%).
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
−17% below market
median 1,600 €/m² for comparable properties
179,998 € 1,384 €/m²
Rent covers ~ 225% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 8 yrs
+24% above market
median 1,158 €/m² for comparable properties
129,000 € 1,433 €/m²
Rent covers ~ 308% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 6 yrs
+68% above market
median 1,600 €/m² for comparable properties
512,000 € 2,694 €/m²
Rent covers ~ 79% of the payment
~ 1,799 €/mo rent · you top up ~ 473 €/mo
+32% above market
median 1,600 €/m² for comparable properties
190,000 € 2,111 €/m²
Rent covers ~ 213% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 9 yrs
−17% below market
median 1,600 €/m² for comparable properties
179,999 € 1,333 €/m²
Rent covers ~ 225% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 8 yrs
At market level
median 1,600 €/m² for comparable properties
271,920 € 1,553 €/m²
Rent covers ~ 149% of the payment
~ 1,799 €/mo rent · pays for itself in ~ 13 yrs
+28% above market
median 1,600 €/m² for comparable properties
520,000 € 2,055 €/m²
Rent covers ~ 78% of the payment
~ 1,799 €/mo rent · you top up ~ 508 €/mo