Sale

Two-room apartment in Hristo Smirnenski, Plovdiv with potential for three-room

PlovdivHristo Smirnenski
Published: 8 March 2026 Updated: 14 September 2026
Sale83,900 €1,310 €/m²
Expected rent613 € /mo

~15,500 € BELOW MARKET

good value

against the median for apartments in Hristo Smirnenski (2,209 properties)

Area
64 m²
Floor
4 / 5
Construction
Panel
Year
1980

Yield analysis

Strong investment rating

8.8% / yr
Monthly payment372 €20% down payment · 20 yrs · 3%
Expected rent613 €at market conditions for the neighbourhood

The rent covers 165% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 11 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

2 changes since listing▼ 5.6% · 5,000 €
  1. 88,900 €8 March 2026Initial price
  2. 86,000 €▼ 2,900 € (3.3%) 3 May 2026Price reduced
  3. 83,900 €▼ 2,100 € (2.4%) 8 August 2026Price reducedCurrent

Property analysis

This apartment is priced about 15,500 € below the typical price (the median) for apartments in Hristo Smirnenski (2,209 properties) — 1,310 €/m² against 1,555 €/m².

Apartment with an area of 64 sq m in the district of Hristo Smirnenski, Plovdiv.
The layout includes a walk-through bedroom from the living room, allowing conversion into a three-room apartment.
The building is prefab panel, built in 1980, with maintained common areas and replaced window frames in the stairwell. The property needs renovation.
The location is close to medical centers, a kindergarten, and a public transport stop, with free parking available and greenery around the building.
Suitable for people looking for a property with potential for conversion and a convenient urban environment.

With 20% down over 20 years the monthly mortgage payment is about 372 €, against an expected local rent of 613 €. The rent covers the whole payment (165%).

The asking price has fallen by 5,000 € (5.6%) since it was first listed.

Source: Market statistics for apartments in Hristo Smirnenski

Pros and cons

AI summary
Pros
  • functional layout
  • good location
  • maintained common areas
  • potential for conversion
Cons
  • prefab panel construction
  • needs renovation
  • walk-through rooms

Questions for the viewing

Only on imotesa

Derived from this specific property's data — not a generic checklist. Take them with you.

  1. Why is this priced below comparable properties? Is there anything that could affect the sale?

    Because: The price per m² is about 16% below the average for comparable properties.

  2. Is there still room to negotiate, and why has it not sold yet?

    Because: The price has been cut 2 times — about 6% below the original asking price.

  3. What feedback have previous viewers given?

    Because: We have been tracking this listing for about 208 days.

  4. Has the block been insulated under the renovation programme, and is there paperwork for it?

    Because: Prefabricated panel construction.

  5. Have the risers been replaced, and when was the roof last repaired?

    Because: The building dates from 1980 — about 46 years old.

Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.

Layout

  • living room
  • bedroom

Details

Category
Residential

Approximate location

The exact address hasn't been published by the seller — the map shows the neighbourhood.

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