median 1,610 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 514 €/mo rent · pays for itself in ~ 18 yrs
~75,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Kyrshiyaka (866 properties)
Low investment rating
The rent covers 67% of the payment — you top up about 257 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 28 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 75,500 € above the typical price (the median) for 2-room apartments in Kyrshiyaka (866 properties) — 2,850 €/m² against 1,610 €/m².
The offered two-room apartment is located in a new brick building with Act 16, situated in the Karsiyaka district, near the Novotel hotel in Plovdiv. The property is on the third of four floors and includes a living room with kitchenette, bedroom, bathroom with toilet, and terrace. The apartment is sold with plaster and screed, allowing future owners to finish it according to their own taste and preferences. The location is convenient, close to kindergartens, schools, and grocery stores, providing a comfortable urban lifestyle. It is suitable both for personal use and as an investment.
With 20% down over 20 years the monthly mortgage payment is about 771 €, against an expected local rent of 514 €. The rent covers 67% of it.
Source: Market statistics for 2-room apartments in Kyrshiyaka
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median 1,610 €/m² for comparable properties
Rent covers ~ 105% of the payment
~ 514 €/mo rent · pays for itself in ~ 18 yrs
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