−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
Sale62,900 €1,048 €/m²
Expected rent582 € /mo
~12,000 € BELOW MARKET
good value
against the median for 2-room apartments in Izgrev (41 properties)
Area
60 m²
Floor
7 / 8
Construction
Panel
Year
1980
Yield analysis
Strong investment rating
Monthly payment279 €20% down payment · 20 yrs · 3%
Expected rent582 €at market conditions for the neighbourhood
The rent covers 209% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 9 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 12,000 € below the typical price (the median) for 2-room apartments in Izgrev (41 properties) — 1,048 €/m² against 1,250 €/m².
With 20% down over 20 years the monthly mortgage payment is about 279 €, against an expected local rent of 582 €. The rent covers the whole payment (209%).
Questions for the viewing
Only on imotesaDerived 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 260 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.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Elevator
- With Parking
- Access Control
- Needs Renovation
- Tax Credit Option
Exposure
AI summarySSouth
Maximum sunlight throughout the day
Details
- Category
- Residential
- Rooms
- 2
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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