Spacious two-room apartment with functional layout in Belite Brezi

This apartment is priced at the typical price (the median) for 2-room apartments in Belite Brezi (28 properties) — 3,071 €/m² against 3,255 €/m².

The offered apartment is part of an EPK prefab building, constructed in 1980, located on the 8th of 10 floors. The property has an area of 67 sq m and has been converted into a small three-room apartment with two bedrooms, one of which has a glazed balcony. The layout includes a spacious living room with a kitchenette, providing convenience and functionality. The apartment is internal with a Southeast/Northwest aspect, which contributes to good natural lighting during the day. Replaced window frames and a reinforced entrance door enhance security and energy efficiency. The property is maintained with quality flooring – laminated parquet and carpet, and the bathroom has ceramic tiles. The location is quiet, close to green areas, sports and children's playgrounds, kindergarten and school, as well as convenient access to public transport. The entrance is well maintained, with video surveillance and replaced window frames. A basement of 3.5 sq m adds to the conveniences. The apartment is suitable both for living and investment, currently rented by a long-term tenant.

With 20% down over 20 years the monthly mortgage payment is about 954 €, against an expected local rent of 634 €. The rent covers 66% of it.

This property is advertised in 3 offers from 2 different sellers. All offers are at the same price. It has been listed for 239 days. The asking price has fallen by 20,000 € (8.5%) since it was first listed.

Source: Market statistics for 2-room apartments in Belite Brezi