+48% above market
median 1,552 €/m² for comparable properties
149,000 € 2,292 €/m²
Rent covers ~ 96% of the payment
~ 633 €/mo rent · you top up ~ 28 €/mo
Sale139,280 €1,989 €/m²
Expected rent633 € /mo
~30,500 € ABOVE MARKET
overpriced
against the median for 2-room apartments in Otdih I Kultura (74 properties)
Area
70 m²
Floor
3 / 3
Construction
Brick
Year
2023
Yield analysis
Fair investment rating
Monthly payment618 €20% down payment · 20 yrs · 3%
Expected rent633 €at market conditions for the neighbourhood
The rent covers 102% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 18 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 30,500 € above the typical price (the median) for 2-room apartments in Otdih I Kultura (74 properties) — 1,989 €/m² against 1,552 €/m².
Two-room apartment in Plovdiv, district Otdih i kultura, part of the ALGARA complex. The property is located on the third floor of a building with brick construction from 2023.
The layout includes a living room, bedroom of 15 sq m, storage/laundry room, bathroom with toilet, and a terrace with a south-west aspect overlooking the inner courtyard.
The building has an elevator and secured parking – above-ground and underground parking spaces, as well as garages. The apartment is part of a gated complex with landscaped yard, fountain, and children's playground.
The area offers amenities for leisure and culture, with proximity to the Rowing Base contributing to a peaceful environment.
The property is suitable for a family or as an investment in a home with good functionality and modern conveniences.
With 20% down over 20 years the monthly mortgage payment is about 618 €, against an expected local rent of 633 €. The rent covers the whole payment (102%).
Source: Market statistics for 2-room apartments in Otdih I Kultura
Pros and cons
AI summaryPros
- gated complex
- elevator
- parking
- south-west aspect
Cons
- top floor
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
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 15 sq m
- storage/laundry
- bathroom with toilet
- terrace
Amenities
- Elevator
- With Parking
- Gated Community
- Tax Credit Option
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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