At market level
median 1,560 €/m² for comparable properties
113,274 € 1,452 €/m²
Rent covers ~ 110% of the payment
~ 552 €/mo rent · pays for itself in ~ 17 yrs
Sale295,000 €1,891 €/m²
Expected rent784 € /mo
~53,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Hristo Smirnenski (832 properties)
Area
156 m²
Floor
5 / 6
Construction
Brick
Year
2024
Yield analysis
Low investment rating
Monthly payment1,309 €20% down payment · 20 yrs · 3%
Expected rent784 €at market conditions for the neighbourhood
The rent covers 60% of the payment — you top up about 525 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 31 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 53,000 € above the typical price (the median) for 3-room apartments in Hristo Smirnenski (832 properties) — 1,891 €/m² against 1,550 €/m².
Three-room apartment in a new brick building in the Hristo Smirnenski district, Plovdiv.
The layout includes an entrance hall, living room with kitchenette, two bedrooms, bathroom with toilet, separate toilet, storage room and two terraces.
The building is new (2024), with controlled access, elevator and quality common areas made of natural stone and aluminium railings.
The location is convenient, close to medical centres, mall, supermarkets and transport connections.
Suitable for family living or investment due to proximity to university dormitories and local amenities.
With 20% down over 20 years the monthly mortgage payment is about 1,309 €, against an expected local rent of 784 €. The rent covers 60% of it.
Source: Market statistics for 3-room apartments in Hristo Smirnenski
Pros and cons
AI summaryPros
- functional layout
- new-build
- elevator
- controlled access
Cons
We didn't find any significant drawbacks in the listing. This doesn't replace an in-person viewing.
Amenities
- Elevator
- Access Control
- Renovated
Details
- Category
- Residential
- Rooms
- 3
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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