−20% below market
median 1,274 €/m² for comparable properties
92,000 € 1,022 €/m²
Rent covers ~ 143% of the payment
~ 582 €/mo rent · pays for itself in ~ 13 yrs
Sale91,900 €1,641 €/m²
Expected rent582 € /mo
~22,000 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Izgrev (41 properties)
Area
56 m²
Floor
2 / 8
Construction
Panel
Year
1992
Yield analysis
Good investment rating
Monthly payment408 €20% down payment · 20 yrs · 3%
Expected rent582 €at market conditions for the neighbourhood
The rent covers 143% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 13 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
2 changes since listing▼ 8.1% · 8,100 €
- 100,000 €
- 94,900 €▼ 5,100 € (5.1%)
- 91,900 €▼ 3,000 € (3.2%)
Property analysis
This apartment is priced about 22,000 € above the typical price (the median) for 2-room apartments in Izgrev (41 properties) — 1,641 €/m² against 1,250 €/m².
Two-room apartment with an area of 56 sq m, located on the 2nd floor in a building in the Izgrev district, Plovdiv. The property includes a living room, bedroom, separate kitchen, terrace, laundry room and bathroom with toilet. The building is prefab panel, built in 1992, with an elevator and insulated with external and internal insulation. Heating is central heating, and new air conditioners have been installed in the apartment for additional comfort. The location is convenient, close to a park and with free parking in front of the building. The apartment is suitable for personal use or investment, thanks to its functional layout and condition.
With 20% down over 20 years the monthly mortgage payment is about 408 €, against an expected local rent of 582 €. The rent covers the whole payment (143%).
The asking price has fallen by 8,100 € (8.1%) since it was first listed.
Pros and cons
AI summaryPros
- functional layout
- elevator
- insulated building
- free parking
Cons
- prefab panel construction
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 2 times — about 8% below the original asking price.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
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
- kitchen
Amenities
- Elevator
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 1
- Furnishing
- Yes
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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