−28% below market
median 690 €/m² for comparable properties
35,000 € 500 €/m²
Rent covers ~ 618% of the payment
~ 960 €/mo rent · pays for itself in ~ 3 yrs
Sale135,000 €1,391 €/m²
Expected rent960 € /mo
~68,000 € ABOVE MARKET
overpriced
against the median for houses in Sveta Gora (10 properties)
Area
97 m²
Land Area
340 m²
Floor
1 / 1
Construction
Wooden Frame
Yield analysis
Strong investment rating
Monthly payment599 €20% down payment · 20 yrs · 3%
Expected rent960 €at market conditions for the neighbourhood
The rent covers 160% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 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 68,000 € above the typical price (the median) for houses in Sveta Gora (10 properties) — 1,391 €/m² against 690 €/m².
The house is located in the Sveta Gora district, Veliko Tarnovo, with an area of 97 sq m and a yard of 340 sq m.
The layout includes a living room, lounge, kitchen, two bedrooms, bathroom with toilet, and a covered veranda with a view of Tsarevets hill.
The building has a timber-joist structure over a stone basement, which requires maintenance and possible restoration. The property has internet.
Sveta Gora district is known for its historical atmosphere and proximity to the city centre, offering tranquility and opportunities for landscaping the yard.
The property is suitable for people looking for a home with character and potential for development close to nature and the urban environment.
With 20% down over 20 years the monthly mortgage payment is about 599 €, against an expected local rent of 960 €. The rent covers the whole payment (160%).
Pros and cons
AI summaryPros
- functional layout
- yard 340 sq m
- view of Tsarevets
- internet
Cons
- needs restoration
- ground floor
Layout
- living room
- lounge
- kitchen
- bedroom
- bedroom
- bathroom
Amenities
- Internet Connection
Exposure
AI summaryEEast
Morning sun, cooler afternoons
WWest
Afternoon and evening sun
Details
- Category
- Residential
- Bathrooms
- 1
- Furnishing
- Yes
Location
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