At market level
median 1,150 €/m² for comparable properties
63,000 € 1,105 €/m²
Rent covers ~ 119% of the payment
~ 334 €/mo rent · pays for itself in ~ 16 yrs
Sale45,000 €789 €/m²
Expected rent341 € /mo
~20,500 € BELOW MARKET
good value
against the median for 2-room apartments in Bichkinya (15 properties)
Area
57 m²
Floor
2 / 7
Construction
Brick
Yield analysis
Strong investment rating
Monthly payment200 €20% down payment · 20 yrs · 3%
Expected rent341 €at market conditions for the neighbourhood
The rent covers 171% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
1 change since listing▼ 9.8% · 4,900 €
- 49,900 €
- 45,000 €▼ 4,900 € (9.8%)
Property analysis
This apartment is priced about 20,500 € below the typical price (the median) for 2-room apartments in Bichkinya (15 properties) — 789 €/m² against 1,150 €/m².
Apartment with two rooms in the town of Gabrovo, district Bichkinya.
The layout includes a kitchen with terrace, living room, bedroom, bathroom with toilet, and corridor, providing functional use of the space.
The building is brick, the apartment is located on the second floor of seven, with an available elevator and parking space. The property needs renovation.
The area is developed with playgrounds, green spaces, and proximity to a school and kindergarten.
Suitable for a family or investors looking for an opportunity for their own project with a convenient location and accessibility.
With 20% down over 20 years the monthly mortgage payment is about 200 €, against an expected local rent of 341 €. The rent covers the whole payment (171%).
The asking price has fallen by 4,900 € (9.8%) since it was first listed.
Source: Market statistics for 2-room apartments in Bichkinya
Pros and cons
AI summaryPros
- functional layout
- elevator
- parking space
- close to school
Cons
- needs renovation
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 31% below the average for comparable properties.
Is there still room to negotiate?
Because: The price has been cut once, by about 10%.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- kitchen
- living room
- bedroom
- bathroom
Amenities
- Elevator
- With Parking
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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No market valuation
On request
No yield data
Appears once there's enough market data
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