Sale

Two-room apartment with large terrace in Izgrev, Plovdiv

PlovdivIzgrev
Published: 3 July 2026 Updated: 12 September 2026
Sale47,000 €1,068 €/m²
Expected rent582 € /mo

~8,000 € BELOW MARKET

good value

against the median for 2-room apartments in Izgrev (41 properties)

Area
44 m²
Floor
3 / 8
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

14.9% / yr
Monthly payment209 €20% down payment · 20 yrs · 3%
Expected rent582 €at market conditions for the neighbourhood

The rent covers 279% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 7 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 2.1% · 1,000 €
  1. 48,000 €3 July 2026Initial price
  2. 47,000 €▼ 1,000 € (2.1%) 8 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 8,000 € below the typical price (the median) for 2-room apartments in Izgrev (41 properties) — 1,068 €/m² against 1,250 €/m².

Two-room apartment in Plovdiv, Izgrev district, located on the third floor of an eight-storey prefab panel building. The property includes a large living room, kitchen, corridor, bathroom with toilet, storage room and a huge terrace accessible from all rooms. The building was constructed in 1980 with prefab panel structure and features an elevator and parking. The apartment requires full renovation, which implies additional investment. The location is close to a petrol station and main city amenities, providing convenient access to transport and services. The property is suitable for a family looking for a home with potential and opportunity for customization.

With 20% down over 20 years the monthly mortgage payment is about 209 €, against an expected local rent of 582 €. The rent covers the whole payment (279%).

The asking price has fallen by 1,000 € (2.1%) since it was first listed.

Source: Market statistics for 2-room apartments in Izgrev

Pros and cons

AI summary
Pros
  • large terrace
  • elevator
  • parking
  • functional layout
Cons
  • needs full renovation

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 15% below the average for comparable properties.

  2. Is there still room to negotiate?

    Because: The price has been cut once, by about 2%.

  3. 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.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. 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

  • living room
  • kitchen
  • corridor
  • bathroom
  • storage room
  • terrace

Amenities

  • Elevator
  • With Parking
  • Needs Renovation
  • Tax Credit Option

Exposure

AI summary
NNorth

Even light, cooler during summer

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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