At market level
median 1,627 €/m² for comparable properties
204,990 € 1,614 €/m²
Rent covers ~ 193% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 10 yrs
Sale111,000 €1,387 €/m²
Expected rent1,755 € /mo
~19,000 € BELOW MARKET
good value
against the median for houses in Sotira (25 properties)
Area
80 m²
Land Area
600 m²
Construction
Brick
Year
2004
Yield analysis
Strong investment rating
Monthly payment492 €20% down payment · 20 yrs · 3%
Expected rent1,755 €at market conditions for the neighbourhood
The rent covers 356% 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 19,000 € below the typical price (the median) for houses in Sotira (25 properties) — 1,387 €/m² against 1,627 €/m².
With 20% down over 20 years the monthly mortgage payment is about 492 €, against an expected local rent of 1,755 €. The rent covers the whole payment (356%).
Amenities
- Renovated
Details
- Category
- Residential
- Bathrooms
- 2
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
Similar properties nearby
At market level
median 1,627 €/m² for comparable properties
204,990 € 1,529 €/m²
Rent covers ~ 193% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 10 yrs
−15% below market
median 1,627 €/m² for comparable properties
210,000 € 1,381 €/m²
Rent covers ~ 188% of the payment
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median 1,627 €/m² for comparable properties
269,000 € 4,483 €/m²
Rent covers ~ 147% of the payment
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median 1,627 €/m² for comparable properties
269,000 € 2,241 €/m²
Rent covers ~ 147% of the payment
~ 1,755 €/mo rent · pays for itself in ~ 13 yrs
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median 1,627 €/m² for comparable properties
498,000 € 1,328 €/m²
Rent covers ~ 79% of the payment
~ 1,755 €/mo rent · you top up ~ 455 €/mo
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median 1,627 €/m² for comparable properties
473,800 € 2,288 €/m²
Rent covers ~ 83% of the payment
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median 1,627 €/m² for comparable properties
935,000 € 2,968 €/m²
Rent covers ~ 42% of the payment
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