Sale−51% below market

Two-room apartment with two terraces in Shirok Center-East, Plovdiv

PlovdivCentyr
Published: 20 May 2026 Updated: 1 October 2026
Sale109,000 €1,112 €/m²
Expected rent558 € /mo
Area
98 m²
Floor
5 / 9
Construction
Brick
Year
2027

Yield analysis

Fair investment rating

5.8% / yr
Monthly payment484 €20% down payment · 20 yrs · 3%
Expected rent558 €at market conditions for the neighbourhood

The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 9.2% · 11,000 €
  1. 120,000 €23 May 2026Initial price
  2. 118,000 €▼ 2,000 € (1.7%) 3 June 2026Price reduced
  3. 115,000 €▼ 3,000 € (2.5%) 17 August 2026Price reduced
  4. 109,000 €▼ 6,000 € (5.2%) 1 October 2026Price reducedCurrent

Property analysis

This apartment is priced 51% below the typical price (the median) for comparable properties — 1,173 €/m² against 2,403 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The offered property is a two-room apartment with an area of 98 sq m, located in Plovdiv, Shirok Center-East district. The dwelling includes a living room with dining area and kitchenette, one bedroom, bathroom with toilet, storage room, and two terraces, one of which is 24 sq m. The apartment is on the 5th floor of a total of 9 in a new brick building constructed in 2027. High-quality materials have been used, including a glass curtain facade with enhanced energy efficiency and sound insulation. The building has three elevators, one of which is freight. The location provides quick access to the city center, as well as convenient transport links and proximity to the renovated Maritsa Blvd with park areas. The property is suitable for people seeking convenient urban living with good functionality and modern amenities.

With 20% down over 20 years the monthly mortgage payment is about 484 €, against an expected local rent of 558 €. The rent covers the whole payment (115%).

The asking price has fallen by 11,000 € (9.2%) since it was first listed.

Source: Market statistics for 2-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • two terraces
  • new-build
  • quality materials
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 51% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 3 times — about 9% below the original asking price.

  3. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2027.

  4. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • bedroom

Details

Category
Residential
Rooms
2
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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