At market level
median 1,662 €/m² for comparable properties
255,000 € 1,634 €/m²
Rent covers ~ 156% of the payment
~ 1,764 €/mo rent · pays for itself in ~ 12 yrs
Sale99,000 €3,093 €/m²
Expected rent1,764 € /mo
~46,000 € ABOVE MARKET
overpriced
against the median for houses in Rakitnika (14 properties)
Area
32 m²
Land Area
643 m²
Construction
Brick
Year
1997
Yield analysis
Strong investment rating
Monthly payment439 €20% down payment · 20 yrs · 3%
Expected rent1,764 €at market conditions for the neighbourhood
The rent covers 402% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 5 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 46,000 € above the typical price (the median) for houses in Rakitnika (14 properties) — 3,093 €/m² against 1,662 €/m².
With 20% down over 20 years the monthly mortgage payment is about 439 €, against an expected local rent of 1,764 €. The rent covers the whole payment (402%).
Amenities
- Needs Renovation
Details
- Category
- Residential
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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