−14% below market
median 4,000 €/m² for comparable properties
179,900 € 3,459 €/m²
Rent covers ~ 95% of the payment
~ 758 €/mo rent · you top up ~ 40 €/mo
Sale94,900 €1,103 €/m²
Expected rent1,859 € /mo
~220,000 € BELOW MARKET
far below market
against the median for 4-room apartments in Oborishte (83 properties)
A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
Area
86 m²
Floor
0 / 5
Construction
Brick
Year
1920
Yield analysis
Strong investment rating
Monthly payment421 €20% down payment · 20 yrs · 3%
Expected rent1,859 €at market conditions for the neighbourhood
The rent covers 442% of the payment — the tenant pays off the loan over 20 years. From rent alone, with no loan, it pays for itself in 4 years. Calculated from the median rent for the neighbourhood, at full occupancy and before running costs — a benchmark, not a guarantee.
Property analysis
This apartment is priced about 220,000 € below the typical price (the median) for 4-room apartments in Oborishte (83 properties) — 1,103 €/m² against 3,661 €/m². A price this far below the market usually has a reason the listing does not mention — encumbrances or an error in the ad.
With 20% down over 20 years the monthly mortgage payment is about 421 €, against an expected local rent of 1,859 €. The rent covers the whole payment (442%).
Source: Market statistics for 4-room apartments in Oborishte
Questions for the viewing
Only on imotesaDerived 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 70% below the average for comparable properties.
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 1920 — about 106 years old.
Generated automatically from the data we hold. They do not replace an in-person viewing, a survey or legal due diligence.
Amenities
- Needs Renovation
Details
- Category
- Residential
- Rooms
- 4
Approximate location
The exact address hasn't been published by the seller — the map shows the neighbourhood.
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