−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
Sale113,000 €1,614 €/m²
Expected rent786 € /mo
AT MARKET LEVEL
fairly priced
against the median for 3-room apartments in Hristo Smirnenski (828 properties)
Area
70 m²
Floor
9 / 17
Construction
Panel
Year
1980
Yield analysis
Strong investment rating
Monthly payment501 €20% down payment · 20 yrs · 3%
Expected rent786 €at market conditions for the neighbourhood
The rent covers 157% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 12 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Price history
5 changes since listing▼ 10.1% · 13,000 €
- 129,000 €
- 123,000 €▼ 6,000 € (4.7%)
- 116,000 €▼ 7,000 € (5.7%)
- 118,000 €▲ 2,000 € (1.7%)
- 123,000 €▲ 5,000 € (4.2%)
- 116,000 €▼ 7,000 € (5.7%)
Property analysis
This apartment is priced at the typical price (the median) for 3-room apartments in Hristo Smirnenski (828 properties) — 1,614 €/m² against 1,546 €/m².
With 20% down over 20 years the monthly mortgage payment is about 501 €, against an expected local rent of 786 €. The rent covers the whole payment (157%).
This property is advertised in 3 offers from 3 different sellers. The gap between the cheapest and the dearest is 10,000 €. It has been listed for 453 days. The asking price has fallen by 13,000 € (10.1%) since it was first listed.
Source: Market statistics for 3-room apartments in Hristo Smirnenski
Questions for the viewing
Only on imotesaDerived from this specific property's data — not a generic checklist. Take them with you.
Which price is the real one, and who am I negotiating with?
Because: The property appears in 3 listings, and the prices differ by about 8%.
Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 10% below the original asking price.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 453 days.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- With Parking
- Internet Connection
- Access Control
- Renovated
- Gated Community
- Elevator
- Tax Credit Option
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 3
- Bathrooms
- 1
- Furnishing
- Yes
Location
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