−28% below market
median 690 €/m² for comparable properties
49,500 € 495 €/m²
Rent covers ~ 437% of the payment
~ 960 €/mo rent · pays for itself in ~ 4 yrs
Sale48,500 €1,212 €/m²
Expected rent960 € /mo
~21,000 € ABOVE MARKET
overpriced
against the median for houses in Sveta Gora (10 properties)
Area
40 m²
Land Area
78 m²
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment215 €20% down payment · 20 yrs · 3%
Expected rent960 €at market conditions for the neighbourhood
The rent covers 446% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 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 21,000 € above the typical price (the median) for houses in Sveta Gora (10 properties) — 1,212 €/m² against 690 €/m².
House with an area of 40 sq m, located in the district of Sveta Gora, Veliko Tarnovo.
The layout includes two bedrooms, a kitchen, bathroom and toilet, providing basic functionality for a small family.
The construction is brick from 2010, but the property is in need of renovation – the interior walls are plastered and screeded, and the roof has been dismantled and requires a new structure. There are active utility accounts for electricity, water and sewage.
It is situated on a quiet street in the district, offering tranquility and convenient access to urban infrastructure.
The property is suitable for buyers looking for an opportunity to renovate and adapt according to their needs.
With 20% down over 20 years the monthly mortgage payment is about 215 €, against an expected local rent of 960 €. The rent covers the whole payment (446%).
Pros and cons
AI summaryPros
- two bedrooms
- brick construction
- active utility accounts
- quiet street
Cons
- needs renovation
- no roof
Layout
- bedroom
- bedroom
- kitchen
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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