Sale

3-bedroom apartment in Blagoev, Shirok tsentar

BlagoevShirok tsentar
Published: 8 May 2020 Updated: 8 May 2020
Sale50,000 €555 €/m²
Expected rent457 € /mo

~67,500 € BELOW MARKET

far below market

against the median for 3-room apartments in Shirok tsentar (61 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
90 m²
Floor
1 / 5
Construction
Brick
Year
2018

Yield analysis

Strong investment rating

11% / yr
Monthly payment222 €20% down payment · 20 yrs · 3%
Expected rent457 €at market conditions for the neighbourhood

The rent covers 206% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Property analysis

This apartment is priced about 67,500 € below the typical price (the median) for 3-room apartments in Shirok tsentar (61 properties) — 555 €/m² against 1,308 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

With 20% down over 20 years the monthly mortgage payment is about 222 €, against an expected local rent of 457 €. The rent covers the whole payment (206%).

Source: Market statistics for 3-room apartments in Shirok tsentar

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 58% below the average for comparable properties.

  2. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 2338 days.

  3. Is there damp, is there enough daylight, and what is the noise like?

    Because: The property is on the first floor.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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