median 1,548 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 654 €/mo rent · pays for itself in ~ 16 yrs
~90,500 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Kyrshiyaka (867 properties)
Low investment rating
The rent covers 53% of the payment — you top up about 573 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 35 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
This apartment is priced about 90,500 € above the typical price (the median) for 3-room apartments in Kyrshiyaka (867 properties) — 2,304 €/m² against 1,548 €/m².
Three-room apartment with an area of 120 sq m, located in the city of Plovdiv, Karshiyaka district. The property is situated on a middle, third floor in a small boutique building from 2019 with brick construction and Act 16.
The apartment offers a functional layout with two separate bedrooms, a spacious living room with a designated dining area and kitchen, as well as two terraces. The aspect is southeast and northwest, providing good natural light and ventilation. Included are a bathroom with toilet, a second separate toilet, and a corridor.
The building is boutique with a limited number of apartments, ensuring peace and comfort. The apartment is sold at the stage of plaster and screed completion, painted walls, and tiles installed in the bathroom, allowing for interior customization.
The location is very convenient, close to Novotel Plovdiv, kindergarten, shops, banks, and restaurants, providing easy access to all necessary urban amenities. The property also includes a basement room with a window suitable for storage.
This property is suitable both for personal use and as an investment for rental purposes, thanks to the quality construction and prestigious location.
With 20% down over 20 years the monthly mortgage payment is about 1,227 €, against an expected local rent of 654 €. The rent covers 53% of it.
Source: Market statistics for 3-room apartments in Kyrshiyaka
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