−10% below market
median 1,544 €/m² for comparable properties
290,000 € 1,394 €/m²
Rent covers ~ 54% of the payment
~ 692 €/mo rent · you top up ~ 595 €/mo
Sale278,999 €1,743 €/m²
Expected rent786 € /mo
~31,500 € ABOVE MARKET
above market
against the median for 3-room apartments in Hristo Smirnenski (828 properties)
Area
160 m²
Construction
Brick
Yield analysis
Low investment rating
Monthly payment1,238 €20% down payment · 20 yrs · 3%
Expected rent786 €at market conditions for the neighbourhood
The rent covers 63% of the payment — you top up about 452 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 30 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 31,500 € above the typical price (the median) for 3-room apartments in Hristo Smirnenski (828 properties) — 1,743 €/m² against 1,546 €/m².
Three-room apartment in the Grebna baza district, Plovdiv. The property has a floor area of 160 sq m and is located in a small building with an elevator.
The layout includes a spacious living room with kitchenette and dining area (45 sq m), two bedrooms of about 20 sq m each, one with an en-suite bathroom and the second bedroom with a walk-in closet. There is also a separate bathroom and two terraces.
The building is brick, and the apartment is near completion (plastered and screeded), allowing for finishing according to an individual project. Amenities such as an elevator and internet are planned.
The location is quiet and well-connected, close to essential services with the possibility to purchase parking spaces and garages.
The property is suitable for family living, focusing on space and functionality in a well-organized urban environment.
With 20% down over 20 years the monthly mortgage payment is about 1,238 €, against an expected local rent of 786 €. The rent covers 63% of it.
Source: Market statistics for 3-room apartments in Hristo Smirnenski
Pros and cons
AI summaryPros
- spacious living room
- two terraces
- elevator
- parking space option
Cons
- plastered finish
- no ready furnishings
Layout
- living room 45 sq m
- bedroom 20 sq m
- bedroom 20 sq m
Amenities
- Elevator
- Internet Connection
- Renovated
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 2
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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