Sale

4-bedroom apartment in Raz, Varosh

RazVarosh

Published: 5 January 2026 Updated: 5 February 2026

Sale120,000 €1,121 €/m²

Expected rent486 € /mo

~26,000 € BELOW MARKET

good value

against the median for apartments in Varosh (14 properties)

Area

107 m²

Construction

Brick

Year

1970

Yield analysis

Fair investment rating

4.9% / yr

Monthly payment532 €20% down payment · 20 yrs · 3%

Expected rent486 €at market conditions for the neighbourhood

The rent covers 91% of the payment — you top up about 46 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 21 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

1 change since listing▼ 16.7% · 20,000 €

120,000 €5 February 2026Initial price
100,000 €▼ 20,000 € (16.7%) 25 February 2026Price reducedCurrent

Property analysis

This apartment is priced about 26,000 € below the typical price (the median) for apartments in Varosh (14 properties) — 1,121 €/m² against 1,365 €/m².

With 20% down over 20 years the monthly mortgage payment is about 532 €, against an expected local rent of 486 €. The rent covers 91% of it.

The asking price has fallen by 20,000 € (16.7%) since it was first listed.

Source: Market statistics for apartments in Varosh

Questions for the viewing

Only on imotesa

Derived 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 18% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 270 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 17%.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.