Sale

3-room apartment in Pernik, Iztok with elevator and parking

PernikIztok

Published: 8 August 2025 Updated: 14 September 2026

Sale105,000 €1,129 €/m²

Expected rent460 € /mo

~23,500 € BELOW MARKET

good value

against the median for apartments in Iztok (322 properties)

Area

93 m²

Floor

8 / 8

Construction

Panel

Year

1980

Heating

District Heating

Yield analysis

Fair investment rating

5.3% / yr

Monthly payment466 €20% down payment · 20 yrs · 3%

Expected rent460 €at market conditions for the neighbourhood

The rent covers 99% of the payment — you top up about 6 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 19 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 23,500 € below the typical price (the median) for apartments in Iztok (322 properties) — 1,153 €/m² against 1,380 €/m².

3-room apartment in Pernik, Iztok district. It has an area of 93 sq m on the top eighth floor of a prefab panel building.

The layout results from combining two studios, with one of the bedrooms sized like a living room, providing more space.

The building is prefab panel from 1980, with a working elevator and renovated roof; however, the apartment needs full renovation.

The location is convenient, close to large stores like Kaufland and Fantastico, facilitating daily needs.

Suitable for families looking for a spacious apartment with renovation potential in a well-served area.

With 20% down over 20 years the monthly mortgage payment is about 466 €, against an expected local rent of 460 €. The rent covers 99% of it.

Source: Market statistics for apartments in Iztok

Pros and cons

AI summary

Pros

elevator
parking
close to stores
spacious layout

Cons

needs renovation
top floor

Questions for the viewing

Only on imotesa

Derived 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 16% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 404 days.
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.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.