Sale

Three-room apartment in Shirok Center-East with large terrace

PlovdivCentyr
Published: 20 May 2026 Updated: 15 September 2026
Sale115,000 €1,173 €/m²
Expected rent736 € /mo

~107,500 € BELOW MARKET

far below market

against the median for 3-room apartments in Centyr (492 properties)

A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

Area
98 m²
Floor
5 / 9
Construction
Brick
Year
2027

Yield analysis

Good investment rating

7.7% / yr
Monthly payment510 €20% down payment · 20 yrs · 3%
Expected rent736 €at market conditions for the neighbourhood

The rent covers 144% 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▼ 4.2% · 5,000 €
  1. 120,000 €29 May 2026Initial price
  2. 118,000 €▼ 2,000 € (1.7%) 3 June 2026Price reduced
  3. 115,000 €▼ 3,000 € (2.5%) 17 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 107,500 € below the typical price (the median) for 3-room apartments in Centyr (492 properties) — 1,173 €/m² against 2,269 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.

The offered property is a three-room apartment with an area of 98 sq m, located in Plovdiv, in the Shirok Center-East district. The apartment includes a living room with dining area and kitchenette, two bedrooms, a bathroom with toilet, a storage room, and two terraces, one of which is 24 sq m. The apartment is on the 5th floor of a total of 9 in a new brick building, constructed in 2027. Quality materials have been used, including a glass curtain facade with high energy efficiency and sound insulation. The building has three high-speed elevators, one of which is freight. The location offers quick access to the city center, main roads, and proximity to the renovated Maritsa Blvd with park areas and playgrounds. The property is suitable for people seeking convenience and functionality in an urban environment with good transport connections.

With 20% down over 20 years the monthly mortgage payment is about 510 €, against an expected local rent of 736 €. The rent covers the whole payment (144%).

The asking price has fallen by 5,000 € (4.2%) since it was first listed.

Source: Market statistics for 3-room apartments in Centyr

Pros and cons

AI summary
Pros
  • functional layout
  • new brick building
  • large terrace
  • high energy efficiency
Cons

We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.

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 48% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 4% below the original asking price.

  3. Has Act 16 been issued, and what guarantees cover the common parts?

    Because: The building dates from 2027.

  4. Is there a lift in the building, and what condition is it in?

    Because: The property is on floor 5 and the listing does not mention a lift.

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
  • bedroom

Details

Category
Residential
Rooms
3
Bathrooms
1

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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