−70% below market
median 1,059 €/m² for comparable properties
13,000 €317 €/m²
Rent covers ~ 591% of the payment
~ 341 €/mo rent · pays for itself in ~ 3 yrs
Sale15,000 €319 €/m²
Expected rent341 € /mo
~35,000 € BELOW MARKET
far below market
against the median for apartments in Gabrovo (260 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
47 m²
Floor
2 / 2
Construction
Brick
Year
1980
Yield analysis
Strong investment rating
Monthly payment67 €20% down payment · 20 yrs · 3%
Expected rent341 €at market conditions for the neighbourhood
The rent covers 512% 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 apartment is priced about 35,000 € below the typical price (the median) for apartments in Gabrovo (260 properties) — 319 €/m² against 1,059 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
One-room apartment with an area of 47 sq m, located in the Boikata district, Gabrovo. The property is on the second floor of a two-storey building.
The layout includes a main room and two terraces, providing additional outdoor space.
The building is brick, built in 1980, and the property requires renovation and updating of the interior and installations.
The location is near Industrial St and Tarnovsko Shose, offering convenient access to main roads and urban infrastructure.
Suitable for those seeking a property with potential for personal design and investment in an urban environment.
With 20% down over 20 years the monthly mortgage payment is about 67 €, against an expected local rent of 341 €. The rent covers the whole payment (512%).
Pros and cons
AI summaryPros
- two terraces
- brick construction
- convenient access
Cons
- needs renovation
- top floor
Questions for the viewing
Only on imotesaDerived 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 70% below the average for comparable properties.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- one-room 47 sq m
Amenities
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 1