Sale

3-bedroom apartment in Blagoev, Zapad

BlagoevZapad

Published: 8 January 2019 Updated: 8 January 2019

Sale59,000 €686 €/m²

Expected rent522 € /mo

~43,000 € BELOW MARKET

far below market

against the median for apartments in Blagoev (441 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

86 m²

Floor

2 / 5

Construction

Brick

Yield analysis

Strong investment rating

10.6% / yr

Monthly payment262 €20% down payment · 20 yrs · 3%

Expected rent522 €at market conditions for the neighbourhood

The rent covers 199% 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 43,000 € below the typical price (the median) for apartments in Blagoev (441 properties) — 686 €/m² against 1,188 €/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 262 €, against an expected local rent of 522 €. The rent covers the whole payment (199%).

Source: Market statistics for apartments in Blagoev

Questions for the viewing

Only on imotesa

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

Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 42% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 2824 days.

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