+15% above market
median 1,092 €/m² for comparable properties
160,000 € 1,259 €/m²
Rent covers ~ 60% of the payment
~ 423 €/mo rent · you top up ~ 287 €/mo
Sale130,000 €1,300 €/m²
Expected rent423 € /mo
~21,000 € ABOVE MARKET
above market
against the median for 4-room apartments in Centyr (44 properties)
Area
100 m²
Floor
2 / 5
Construction
Brick
Year
1980
Yield analysis
Low investment rating
Monthly payment577 €20% down payment · 20 yrs · 3%
Expected rent423 €at market conditions for the neighbourhood
The rent covers 73% of the payment — you top up about 154 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 26 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 21,000 € above the typical price (the median) for 4-room apartments in Centyr (44 properties) — 1,300 €/m² against 1,092 €/m².
4-room apartment in Kardzhali, Center district, at 9th September Square.
The layout includes a corridor, kitchen with dining area, living room, two bedrooms, bathroom and separate toilet, as well as two terraces and a cellar of 5.5 sq m.
The property is in a brick building from 1980, located on the second floor of a five-storey building and needs full renovation.
The location is convenient, close to Rusalka Park, market, post office, schools and administrative institutions.
The property is suitable for people looking for a home with potential in a central urban environment and are ready to invest in refurbishment.
With 20% down over 20 years the monthly mortgage payment is about 577 €, against an expected local rent of 423 €. The rent covers 73% of it.
This property is advertised in 2 offers from 2 different sellers. All offers are at the same price. It has been listed for 94 days.
Pros and cons
AI summaryPros
- functional layout
- two terraces
- close to park
- central location
Cons
- needs full renovation
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Who am I negotiating with, and who is authorised to agree a price?
Because: The property appears in 2 listings at the same price.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Layout
- corridor
- kitchen
- kitchen dining area
- living room
- bedroom
- bedroom
Amenities
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 4
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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