−14% below market
median 1,110 €/m² for comparable properties
57,000 € 950 €/m²
Rent covers ~ 158% of the payment
~ 399 €/mo rent · pays for itself in ~ 12 yrs
Sale69,000 €1,254 €/m²
Expected rent399 € /mo
~8,000 € ABOVE MARKET
above market
against the median for 2-room apartments in Centyr (36 properties)
Area
55 m²
Floor
1 / 5
Construction
Brick
Year
1990
Yield analysis
Good investment rating
Monthly payment306 €20% down payment · 20 yrs · 3%
Expected rent399 €at market conditions for the neighbourhood
The rent covers 130% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 14 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 8,000 € above the typical price (the median) for 2-room apartments in Centyr (36 properties) — 1,254 €/m² against 1,110 €/m².
2-room apartment in Gabrovo, located in the central part of the city. The property is on the first floor of a five-storey brick building from 1990.
The layout includes a bedroom, dining room with kitchenette, storage room, corridor, bathroom with toilet, and terrace. A basement and attic room are included as additional spaces.
The building is brick with an elevator and secured parking, but the apartment requires full renovation, allowing adaptation according to personal preferences.
The location is convenient, close to cultural institutions such as the Puppet Theatre and Art Gallery, in an area with good infrastructure and access to city services.
The property is suitable for people looking for a home with potential for redevelopment in a central urban environment.
With 20% down over 20 years the monthly mortgage payment is about 306 €, against an expected local rent of 399 €. The rent covers the whole payment (130%).
Pros and cons
AI summaryPros
- central location
- terrace
- elevator
- parking
Cons
- needs full renovation
- ground floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
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.
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.
Layout
- bedroom
- dining room
- kitchenette
- storage room
- corridor
- terrace
Amenities
- Elevator
- With Parking
- Internet Connection
- Access Control
- Needs Renovation
- Renovated
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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