Sale

Two-room apartment in Orel residential complex, Razgrad with terrace

RazOrel

Published: 25 March 2026 Updated: 2 October 2026

Sale64,000 €853 €/m²

Expected rent486 € /mo

~16,000 € BELOW MARKET

good value

against the median for apartments in Orel (26 properties)

Area

75 m²

Construction

Panel

Year

1970

Yield analysis

Strong investment rating

9.1% / yr

Monthly payment284 €20% down payment · 20 yrs · 3%

Expected rent486 €at market conditions for the neighbourhood

The rent covers 171% 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

1 change since listing▼ 5.9% · 4,000 €

68,000 €1 June 2026Initial price
64,000 €▼ 4,000 € (5.9%) 14 July 2026Price reducedCurrent

Property analysis

This apartment is priced about 16,000 € below the typical price (the median) for apartments in Orel (26 properties) — 853 €/m² against 1,064 €/m².

Apartment with an area of 76 sq m, located in the Orel residential complex, city of Razgrad.
The property includes a bedroom, living room, kitchen with dining area, storage room, bathroom with toilet and spacious terrace.
The building is prefab panel from 1970, with maintained entrance and controlled access. The flooring is parquet and terracotta.
The location is close to T MARKET supermarket and offers conveniences for daily living.
The property is suitable for family use with a functional layout and additional basement storage.

With 20% down over 20 years the monthly mortgage payment is about 284 €, against an expected local rent of 486 €. The rent covers the whole payment (171%).

The asking price has fallen by 4,000 € (5.9%) since it was first listed.

Source: Market statistics for apartments in Orel

Pros and cons

AI summary

Pros

functional layout
spacious terrace
controlled access
basement storage

Cons

prefab panel building
low floor

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 20% below the average for comparable properties.
What feedback have previous viewers given?
Because: We have been tracking this listing for about 191 days.
Is there still room to negotiate?
Because: The price has been cut once, by about 6%.
Has the block been insulated under the renovation programme, and is there paperwork for it?
Because: Prefabricated panel construction.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1970 — about 56 years old.