−47% below market
median 1,560 €/m² for comparable properties
112,900 € 824 €/m²
Rent covers ~ 110% of the payment
~ 552 €/mo rent · pays for itself in ~ 17 yrs
Sale119,900 €894 €/m²
Expected rent613 € /mo
~88,500 € BELOW MARKET
far below market
against the median for apartments in Hristo Smirnenski (2,209 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
134 m²
Floor
5 / 5
Construction
Brick
Year
1920
Yield analysis
Good investment rating
Monthly payment532 €20% down payment · 20 yrs · 3%
Expected rent613 €at market conditions for the neighbourhood
The rent covers 115% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 16 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 88,500 € below the typical price (the median) for apartments in Hristo Smirnenski (2,209 properties) — 894 €/m² against 1,555 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 613 €. The rent covers the whole payment (115%).
Source: Market statistics for 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.
Why is this priced below comparable properties? Is there anything that could affect the sale?
Because: The price per m² is about 43% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 183 days.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1920 — about 106 years old.
What condition is the roof in, and does it overheat in summer?
Because: The property is on the top floor.
Is there a lift in the building, and what condition is it in?
Because: The property is on floor 5 and the listing does not mention a lift.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Details
- Category
- Residential
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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At market level
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