At market level
median 1,082 €/m² for comparable properties
310,000 € 1,127 €/m²
Rent covers ~ 70% of the payment
~ 960 €/mo rent · you top up ~ 415 €/mo
Sale115,000 €1,796 €/m²
Expected rent960 € /mo
~46,000 € ABOVE MARKET
overpriced
against the median for houses in Asenov (15 properties)
Area
64 m²
Land Area
262 m²
Construction
Wooden Frame
Year
1960
Yield analysis
Strong investment rating
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent960 €at market conditions for the neighbourhood
The rent covers 188% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 10 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 Asenov (15 properties) — 1,796 €/m² against 1,082 €/m².
The house is located in the district of Asenov, Veliko Tarnovo. The property has a total area of 64 sq m and a yard of 262 sq m.
The layout includes on the first floor two rooms, a kitchen, and a bathroom, while the second floor has a corridor and two bedrooms, accessible via external stairs.
The construction is wooden frame, with the building renovated to include replaced window frames, new plumbing and electrical installations, as well as external insulation.
The location offers tranquility and the possibility for additional construction in the yard, which also includes extra outbuildings.
The property is suitable for family use with a balanced combination of functionality and maintenance.
With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 960 €. The rent covers the whole payment (188%).
Pros and cons
AI summaryPros
- renovated
- yard with outbuildings
- replaced window frames
- external insulation
Cons
- wooden construction
- external stairs to second floor
Layout
- two rooms
- kitchen area
- two bedrooms
Amenities
- Renovated
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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