−23% below market
median 491 €/m² for comparable properties
22,000 € 379 €/m²
Rent covers ~ 381% of the payment
~ 372 €/mo rent · pays for itself in ~ 5 yrs
Sale33,000 €622 €/m²
Expected rent372 € /mo
~7,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Promishlena Zona - Sever (9 properties)
Area
53 m²
Construction
Panel
Yield analysis
Strong investment rating
Monthly payment146 €20% down payment · 20 yrs · 3%
Expected rent372 €at market conditions for the neighbourhood
The rent covers 254% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
3 changes since listing▼ 17.5% · 7,000 €
- 40,000 €
- 38,000 €▼ 2,000 € (5%)
- 35,000 €▼ 3,000 € (7.9%)
- 33,000 €▼ 2,000 € (5.7%)
Property analysis
This apartment is priced about 7,000 € above the typical price (the median) for 2-room apartments in Promishlena Zona - Sever (9 properties) — 622 €/m² against 491 €/m².
With 20% down over 20 years the monthly mortgage payment is about 146 €, against an expected local rent of 372 €. The rent covers the whole payment (254%).
The asking price has fallen by 7,000 € (17.5%) since it was first listed.
Source: Market statistics for 2-room apartments in Promishlena Zona - Sever
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 18% below the original asking price.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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
- 2
- Bathrooms
- 1
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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