Sale

Three-room apartment with garage in Razgrad, Vazrazhdane

RazgradVyzrajdane

Published: 9 May 2026 Updated: 6 September 2026

Sale155,000 €1,913 €/m²

Expected rent485 € /mo

~46,000 € ABOVE MARKET

overpriced

against the median for apartments in Razgrad (171 properties)

Area

81 m²

Construction

Brick

Year

1980

Yield analysis

Low investment rating

3.8% / yr

Monthly payment688 €20% down payment · 20 yrs · 3%

Expected rent485 €at market conditions for the neighbourhood

The rent covers 71% of the payment — you top up about 203 €/mo for 20 years. From rent alone, with no loan, it pays for itself in 27 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.

Price history

3 changes since listing▼ 7.7% · 13,000 €

168,000 €9 May 2026Initial price
163,000 €▼ 5,000 € (3%) 20 June 2026Price reduced
159,000 €▼ 4,000 € (2.5%) 9 July 2026Price reduced
155,000 €▼ 4,000 € (2.5%) 6 September 2026Price reducedCurrent

Property analysis

This apartment is priced about 46,000 € above the typical price (the median) for apartments in Razgrad (171 properties) — 1,913 €/m² against 1,343 €/m².

Three-room apartment in Razgrad, Vazrazhdane district, located on a middle floor in a brick building from 1987. The property includes a living room, separate kitchen, two bedrooms, bathroom, toilet and two terraces.

The layout is functional with real and spacious rooms, suitable for family use. The apartment comes with a garage, attic room and basement.

The building is brick and maintained, the common areas are in good condition. The property needs renovation, allowing adaptation according to personal preferences.

The location is in the wider city centre, on Knyaz Boris I Blvd, with convenient access to urban infrastructure.

Suitable for family residence or long-term investment with potential for updating and modernisation.

With 20% down over 20 years the monthly mortgage payment is about 688 €, against an expected local rent of 485 €. The rent covers 71% of it.

The asking price has fallen by 13,000 € (7.7%) since it was first listed.

Source: Average prices for apartments in Razgrad

Pros and cons

AI summary

Pros

functional layout
garage
two terraces
good natural light

Cons

needs renovation

Questions for the viewing

Only on imotesa

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

Is there still room to negotiate, and why has it not sold yet?
Because: The price has been cut 3 times — about 8% below the original asking price.
What is the scope of the work, and are there hidden problems with the wiring or plumbing?
Because: The listing states that the property needs renovation.
Have the risers been replaced, and when was the roof last repaired?
Because: The building dates from 1980 — about 46 years old.