median 1,548 €/m² for comparable properties
Rent covers ~ 114% of the payment
~ 654 €/mo rent · pays for itself in ~ 16 yrs
~27,000 € ABOVE MARKET
overpriced
against the median for 3-room apartments in Kyrshiyaka (867 properties)
Fair investment rating
The rent covers 94% of the payment — you top up about 43 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 20 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 27,000 € above the typical price (the median) for 3-room apartments in Kyrshiyaka (867 properties) — 1,869 €/m² against 1,548 €/m².
The offered three-room apartment is located in the Karshiyaka district of Plovdiv, on the eighth floor of a brick building with an elevator. The property features four separate rooms – a large living room, a separate kitchen, and two spacious bedrooms, providing a functional layout. The apartment includes two wet rooms – a bathroom and a separate toilet with a laundry area, as well as a storage room, terrace, and an entrance hall with a built-in wardrobe. The main aspect is south-facing, which contributes to natural light and warmth in the rooms. The apartment has new window frames and internal insulation, improving energy efficiency, and heating is via district heating. The property also includes a cellar with separate floor area. The building is well maintained, with controlled access and maintained common areas. The location is quiet, on an inner street, with plenty of greenery and convenient access to shops and main boulevards. The property is suitable both as a family home and as an investment for rental purposes.
With 20% down over 20 years the monthly mortgage payment is about 697 €, against an expected local rent of 654 €. The rent covers 94% of it.
Source: Market statistics for 3-room apartments in Kyrshiyaka
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Rent covers ~ 114% of the payment
~ 654 €/mo rent · pays for itself in ~ 16 yrs
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