median 1,296 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 440 €/mo rent · pays for itself in ~ 14 yrs
~11,500 € BELOW MARKET
good value
against the median for 2-room apartments in Drujba 2 (28 properties)
Strong investment rating
The rent covers 153% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 11,500 € below the typical price (the median) for 2-room apartments in Drujba 2 (28 properties) — 1,101 €/m² against 1,296 €/m².
Two-room apartment with an area of 59 sq m in the district of Druzhba 2, Pleven city. The property is located on the second floor of a seven-storey prefab panel building.
The layout includes a kitchen, living room, bedroom, bathroom and toilet, as well as a terrace overlooking green areas. The apartment also has an adjoining basement.
The building is prefab panel from 1980, equipped with an elevator, but the apartment needs full renovation.
The location is in a quiet part of the district, close to shops and public transport stops.
The property is suitable for people looking for a functional home with its own terrace and the possibility to renovate in a well-served area.
With 20% down over 20 years the monthly mortgage payment is about 288 €, against an expected local rent of 440 €. The rent covers the whole payment (153%).
The asking price has fallen by 7,000 € (9.7%) since it was first listed.
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 15% 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.
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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
The exact address hasn't been published by the seller — the map shows the neighbourhood.
median 1,296 €/m² for comparable properties
Rent covers ~ 132% of the payment
~ 440 €/mo rent · pays for itself in ~ 14 yrs
median 1,296 €/m² for comparable properties
Rent covers ~ 124% of the payment
~ 440 €/mo rent · pays for itself in ~ 15 yrs
median 1,264 €/m² for comparable properties
Rent covers ~ 89% of the payment
~ 440 €/mo rent · you top up ~ 53 €/mo
median 1,264 €/m² for comparable properties
Rent covers ~ 65% of the payment
~ 440 €/mo rent · you top up ~ 238 €/mo
median 1,264 €/m² for comparable properties
Rent covers ~ 87% of the payment
~ 440 €/mo rent · you top up ~ 67 €/mo
median 1,296 €/m² for comparable properties
Rent covers ~ 117% of the payment
~ 440 €/mo rent · pays for itself in ~ 16 yrs
median 1,296 €/m² for comparable properties
Rent covers ~ 112% of the payment
~ 440 €/mo rent · pays for itself in ~ 17 yrs
median 1,296 €/m² for comparable properties
Rent covers ~ 119% of the payment
~ 440 €/mo rent · pays for itself in ~ 16 yrs